Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,455,000
Office buildings
23 Avenida De Orinda Orinda, CA 94563-2305
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0365482
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1949
Total area
13,296 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CB
APN
265-012-007-0
UPID
US09-0365482
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.46M
Owner & transaction history
Village Court Orinda LLC · 16 yrs held
Village Court Orinda LLC
since 2009
7 recorded transactions
Zoning & alternative use
CB · Orinda, CA
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 Orinda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orinda 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
$185 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$47,531
Tax year 2024
Assessed value
$3,605,472
Assessed 2024
Previous assessed
$3,605,472
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$2,403,649
Assessed improvement
$1,201,823
Applied tax rate
18.0000
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
1949
Heating
NONE
Stories
1
Total area
13,296 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CB
APN
265-012-007-0
UPID
US09-0365482
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
CB · Orinda, CA
Zoning CB · permitted uses
CB · Orinda, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orinda. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Stories
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Village Court Orinda LLC
Entity
Mailing address
2710 THOMES AVE #1606, CHEYENNE, WY 82001-3029
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2022
—
Village Court Orinda LLC
—
Deed
related
$3,350,000 · Bank Of Marin
Sep 24, 2009
$3,100,000
Village Court Orinda LLC
Village Court LLC
Grant Deed
$2,450,000 · California Bk/commerce
Mar 22, 2006
—
150 Toyon Road Holdings LLC
Mygrant,norma L
Grant Deed
—
Dec 29, 2005
—
Village Court LLC
Village Court LLC
Quit Claim Deed
related
—
Oct 10, 2002
—
Village Court LLC
Nearon,elaine
Grant Deed
related
—
Feb 10, 2000
—
Elaine N Doyas
Josephine F Jones Family Ptshp
Grant Deed
$1,135,000 · Union Bank Of California
Nov 22, 1972
$52,000
—
—
Grant Deed
related
—
—
—
Robert J Dolores K Marigo
—
Deed Of Trust
related
$332,000 · North Coast Bank
—
—
Village Court Orinda LLC
—
Loan Modification
related
$3,000,000 · California Bk/commerce
—
—
Josephine F Jones Family Ptshp
—
Deed Of Trust
related
$382,000 · First Republic Bank
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?”
You own 23 Avenida De Orinda?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
