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Financial
Distress signals
Property profile

2275 Grove Way Castro Valley, CA 94546

FOR SALE
Other apartment buildings
Property ID
US09-9200458
35,164 SF 1.56 ac lot Built 1964
Last sale Aug 2019 · $12,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Terra Castro Valley is a 37-unit apartment community built in 1964, comprising approximately 35,164 square feet of residential space on a 1.56-acre parcel in Castro Valley, California (East Bay). The community is configured with one-bedroom and two-bedroom townhouse-style floor plans, supporting a range of household sizes. Updates and capital improvements include renovations in select units such as updated kitchens with granite countertops, stainless steel appliances, hardwood-style flooring, and renovated bathrooms.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$185k
Tax billed · 2023
Assessed value · 2024$13.84M
Assessed land$4.14M
Assessed improvement$9.70M
Effective rate1.34%

Value estimate

· Oct 2026
$6.68M
$6.01M – $7.35M
NOI build-up
Gross scheduled income$983k
Vacancy & credit loss−$57k
Operating expenses−$417k
NOI · 3.93% cap applied$509k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$271/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$136 – $370

Cap rate analysis

How does the asset earn?
3.93%
$509k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.8
Tech Support Center8.5
Carpet & Flooring Store8.4

Location

2275 Grove Way Castro Valley, CA 94546
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3437 Somerset, Castro Valley, CA 94546-3354 $5,115,500 Dec 2025 13,053 SF
22120 Ctr, Hayward, CA 94546-6653 $15,000,000 Feb 2025 31,185 SF
19794 Stanton, Castro Valley, CA 94546-4044 $4,500,000 Jul 2024 17,328 SF
20441 Anita, Castro Valley, CA 94546-5501 $5,463,000 Jun 2023 18,252 SF
3653 Lorena, Castro Valley, CA 94546-4370 $4,100,000 Jun 2023 12,007 SF
19972 Stanton, Castro Valley, CA 94546-4061 $23,000,000 Jan 2022 46,540 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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