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Property profile & analytics
OFF-MARKET
Estimated value
$1,030,000
Office buildings
2233 Santa Clara Ave Alameda, CA 94501-4416
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9372921
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
WOOD
Total area
5,094 SF
Lot
0.24 ac (10,503 SF)
APN
71-219-7-1
UPID
US09-9372921
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
-
Law Offices of Gerard A. Falzone Law Firm
-
Law Office of Richard H. Poulson Law Firm
-
Jackie JacksonDaley, M.A. Physician
-
Marvin West LMFT Physician
-
Nicole Gwire Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Mansard LLC · 7 yrs held
Mansard LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+18.2%
Apartment house (5+ units)
$1.5M
+10.4%
Retail stores
$1.4M
+4.2%
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 Alameda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alameda 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,390,000
Current use
AUTO REPAIR, GARAGE
$1,640,000
Change: +18% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,535,000
Change: +10% · Conversion: Easy
RETAIL STORES
$1,445,000
Change: +4% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,375,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$202 / 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
$22,763
Tax year 2023
Assessed value
$1,547,486
Assessed 2024
Previous assessed
$1,517,148
+2.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$519,474
Assessed improvement
$1,028,012
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
11
Rooms
15
Bathrooms
3
Total area
5,094 SF
Lot
0.24 ac (10,503 SF)
APN
71-219-7-1
UPID
US09-9372921
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
1890
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
11
Rooms
15
Bathrooms
3
Lot
0.24 ac
Current owner
From public records · entity-resolved
Mansard LLC
Entity
Mailing address
8 LAWRENCE RD, ALAMEDA, CA 94502-7743
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2018
$1,415,000
Mansard LLC
Ma Li Tam Mary
Grant Deed
$926,250 · First Republic Bank
Jun 8, 2018
—
Tam Family Trust
Tam,kwong S
Affidavit Of Death
related
—
May 3, 2017
—
Tam Family Trust
Tam,kwong S & Mary M
Quit Claim Deed
related
—
Nov 22, 2010
$986,000
Kwong S Tam
Pedemonte Rose L Trust
Grant Deed
—
Nov 22, 2010
—
Barbara Musso
Musso,walter
Affidavit Of Death
related
—
Oct 7, 2003
—
Musso,tr
Musso,tr
Quit Claim Deed
related
—
Oct 8, 1993
—
Musso Trust
Winters,nellie J
Grant Deed
related
—
—
—
Nellie J Winters
—
Deed Of Trust
related
$25,000 · Individual
—
—
Nellie J Winters
—
Deed Of Trust
related
$20,000 · Individual
—
—
Nellie J Winters
—
Deed Of Trust
related
$25,000 · Individual
—
—
Nellie J Winters
—
Deed Of Trust
related
$15,000 · Individual
—
—
Nellie J Winters
—
Deed Of Trust
related
$25,000 · Individual
—
—
Nellie J Winters
—
Deed Of Trust
related
$60,000 · Individual
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
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