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Property profile & analytics
FOR SALE
Medical Office Space
2242 Santa Clara Ave Alameda, CA 94501
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-8447045
For Sale
1 / 22
$1,550,000
2242 Santa Clara Ave, Alameda, CA 94501
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1920
Construction
WOOD
Total area
3,779 SF
Lot
0.24 ac (10,384 SF)
APN
71-218-34
UPID
US09-8447045
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
-
California Oral and Facial Surgery Dental Office
-
Dr. Will Osibin III Dental Office
-
Wei-Yu Yu Tang Dental Office
-
Willard Osibin Dental Office
-
Wei Yu Tang Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Basili M Patakas · 2 yrs held
Basili M Patakas
since 2023
Last sale
$265,000
4 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,065
Tax year 2023
Assessed value
$579,495
Assessed 2024
Previous assessed
$568,134
+2.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$203,930
Assessed improvement
$375,565
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1920
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
3
Rooms
7
Bathrooms
5
Total area
3,779 SF
Lot
0.24 ac (10,384 SF)
APN
71-218-34
UPID
US09-8447045
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
1920
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
3
Rooms
7
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Basili M Patakas
Individual
Free & Clear · 2 yrs held
Mailing address
151 WATER SIDE TRL, REIDSVILLE, NC 27320-9663
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
—
Basili M Patakas
Basili M Patakas
Intrafamily Transfer
related
—
Dec 29, 2008
—
Basili M Patakas
Patakas,basili M & Janet D
Quit Claim Deed
related
—
Mar 1, 1984
$265,000
Basili M Patakas
Invest Cargrovken
Grant Deed
$212,000
—
—
Randall W Stettler Dds INC
—
Deed Of Trust
related
$730,000 · Irwin Franchise Capital Corp
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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