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Property profile & analytics
FOR SALE
Investment properties
2171 Allston Way Berkeley, CA 94704
Trust Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-8201564
For Sale
1 / 10
$16,800,000
2171 Allston Way, Berkeley, CA 94704
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
TILT-UP CONCRETE
Total area
31,802 SF
Lot
0.28 ac (12,250 SF)
APN
57-2031-2
UPID
US09-8201564
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
Current use
Occupant on record · Public records
-
Domingo Property Management Real Estate Agency
-
Blueprint LSAT Preparation Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.72M
Blend (final)
Blend
$4.18M
Owner & transaction history
Doerr Trust · 24 yrs held
Doerr Trust
since 2002
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.18M
Range $3.76M – $4.60M · ±10%
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
$131 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$91,676
Tax year 2023
Assessed value
$2,738,982
Assessed 2024
Previous assessed
$2,685,280
+2.0% YoY
Effective rate
3.35%
On assessed value
Assessed land
$1,020,596
Assessed improvement
$1,718,386
Applied tax rate
13.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1900
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
3
Total area
31,802 SF
Lot
0.28 ac (12,250 SF)
APN
57-2031-2
UPID
US09-8201564
Jurisdiction
ALAMEDA
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
Building & site characteristics
From public records
Year built
1900
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
3
Buildings
1
Lot
0.28 ac
Current owner
From public records · entity-resolved
Doerr Trust
Trust
Mailing address
9 UNIONSTONE LN, SAN RAFAEL, CA 94903-1315
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2002
—
Doerr Trust
Kashani,nasser & Pamela L
Grant Deed
$180,000 · Long Beach Mortgage Co
May 10, 2002
—
Nasser Kashani
Kashani Trust
Quit Claim Deed
related
$1,700,000 · Sonoma National Bank
Aug 12, 1999
—
Kashani Trust
Kashani,nasser & Pamela D
Quit Claim Deed
related
—
Jul 14, 1995
—
Nasser Kashanin
Kashanin,nasser & Pamela D
Quit Claim Deed
related
$183,000 · First Republic Thrift & Loan
Apr 8, 1994
$94,506
Nasser Kashani
Yu,sang H & Youn
Trustees Deed
—
Jul 22, 1993
—
Elouise Duncan
Fivest Corp
Trustees Deed
related
—
—
—
Yu S.
—
Deed Of Trust
related
$200,000 · Individual
—
—
H. Duncan E. Naimi
—
Deed Of Trust
related
$70,000 · Individual
—
—
Kashani,n & P L 1999 Trust
—
Deed Of Trust
related
$500,000 · Wells Fargo Bk
—
—
Nasser Kashani
—
Deed Of Trust
related
$55,000 · Individual
—
—
Kashani,n 1999 Trust
—
Loan Modification
related
$1,230,000 · Wells Fargo Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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