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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Apartment buildings
2114 Bissell Ave Richmond, CA 94801-3254
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1104825
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Construction
WOOD FRAME
Total area
2,973 SF
Lot
0.11 ac (5,000 SF)
APN
514-010-003-2
UPID
US09-1104825
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$516k
Blend (final)
Blend
$800k
Owner & transaction history
Alejandro Ponce Galvan · 2 yrs held
Alejandro Ponce Galvan
since 2024
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+57.5%
Commercial (general)
$840,000
+22.6%
Auto repair, garage
$770,000
+12.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$685,000
Current use
MEDICAL BUILDING
$1,080,000
Change: +57% · Conversion: Moderate
COMMERCIAL (GENERAL)
$840,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$770,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$735,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $800k (Jan 19 2024)
Last sale anchor
$800k
Jan 19 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$269 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,779
Tax year 2024
Assessed value
$401,147
Assessed 2024
Previous assessed
$401,147
+0.0% YoY
Effective rate
2.94%
On assessed value
Assessed land
$81,638
Assessed improvement
$319,509
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1952
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
5
Rooms
5
Total area
2,973 SF
Lot
0.11 ac (5,000 SF)
APN
514-010-003-2
UPID
US09-1104825
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$685,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$840,000
AUTO REPAIR, GARAGE
Est. value
$770,000
OFFICE BUILDING
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
5
Rooms
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Alejandro Ponce Galvan
Individual
Free & Clear · 2 yrs held
Mailing address
25141 LINDENWOOD WAY, HAYWARD, CA 94545-2627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
$800,000
Alejandro Ponce Galvan
West Contra Costa Rentals LLC
Grant Deed
—
Jan 19, 2024
—
Alejandro Ponce Galvan
Maria De Luz Galvan
Intrafamily Transfer
related
—
Jul 1, 2010
$315,000
West Contra Costa Rentals LLC
Frias,moses & Adriana
Grant Deed
—
Nov 6, 2001
$425,000
Moses Frias
Fishman Trust
Grant Deed
$318,000 · United Commercial Bank
Aug 10, 2000
$220,000
Richard A Fisherman Trustee
Doan,taut N
Grant Deed
$130,000 · Individual
Jun 1, 1999
—
Tuat N Doan
Doan,cam H
Quit Claim Deed
related
$100,000 · United Commercial Bank
Oct 13, 1989
$200,000
Cam-hong Doan
Unknown
Grant Deed
—
—
—
Richard A Fishman
—
Deed Of Trust
related
$297,500 · United Commercial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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