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Property profile & analytics
OFF-MARKET
Estimated value
$3,545,000
Apartment buildings
22758 Vermont St Hayward, CA 94541
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6867880
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
12,996 SF
Lot
0.49 ac (21,200 SF)
APN
416-160-6-1
UPID
US09-6867880
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
$3.33M
CAP Approach
CAP
$3.88M
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$3.55M
Owner & transaction history
Ramon Lei JR · 1 yrs held
Ramon Lei JR
since 2025
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$5.5M
+76.3%
Auto repair, garage
$4.8M
+53.4%
Commercial (general)
$3.7M
+17.3%
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 Hayward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayward 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
$3,320,000
ML approach
$3,330,000
CAP Approach
CAP Return
Estimation
6%
$4,200,000
6.5%
$3,880,000
7%
$3,600,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,130,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$5,520,000
Change: +76% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,805,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,675,000
Change: +17% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,530,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$3,520,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$3,465,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$3.55M
Range $3.19M – $3.90M · ±10% · vs last sale $3.60M (Jan 29 2025)
Last sale anchor
$3.60M
Jan 29 2025
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
$273 / 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
$46,607
Tax year 2023
Assessed value
$3,855,594
Assessed 2024
Previous assessed
$3,780,007
+2.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,350,959
Assessed improvement
$2,504,635
Applied tax rate
25.0000
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
1971
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
14
Total area
12,996 SF
Lot
0.49 ac (21,200 SF)
APN
416-160-6-1
UPID
US09-6867880
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$4.8M
COMMERCIAL (GENERAL)
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.5M
RETAIL STORES
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
RETAIL STORES
MEDICAL 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
1971
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
14
Lot
0.49 ac
Current owner
From public records · entity-resolved
Ramon Lei JR
Individual
Mailing address
2908 ULLOA ST, SAN FRANCISCO, CA 94116-2225
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
—
Ramon Lei JR
Ramon Lei JR
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Nov 8, 2019
$3,600,000
Ramon Lei JR
Dorhan Investments INC
Grant Deed
$1,400,000 · Jpmorgan Chase Bank NA
Jul 18, 2016
—
Dorhan Investments INC
—
Deed
related
$1,600,000 · Fidelity Bancorp
Sep 13, 2001
—
Dorhan Investments INC
Hanson & Hanson Partnership
Quit Claim Deed
related
—
Jul 1, 1970
—
—
—
Grant Deed
related
—
—
—
Dorhan Investments INC
—
Deed Of Trust
related
$925,000 · Washington Mutual Fsb
—
—
Dorhan Investments INC
—
Deed Of Trust
related
$1,600,000 · Fidelity Bancorp
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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