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Property profile & analytics
OFF-MARKET
Estimated value
$3,735,000
Retail space
2300 Ellsworth St Berkeley, CA 94704
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-7775613
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1928
Construction
TILT-UP CONCRETE
Total area
6,886 SF
Lot
0.14 ac (6,000 SF)
APN
55-1886-1
UPID
US09-7775613
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
$3.93M
CAP Approach
CAP
$2.47M
Comparable Approach
Comparable
$3.50M
Blend (final)
Blend
$3.74M
Owner & transaction history
2300-2310 Ellsworth LLC · 1 yrs held
2300-2310 Ellsworth LLC
since 2024
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.7M
+48.0%
Restaurant
$3.5M
+39.3%
Office building
$3.3M
+33.5%
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 Berkeley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Berkeley 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
$3,835,000
ML approach
$3,925,000
CAP Approach
CAP Return
Estimation
6%
$2,675,000
6.5%
$2,470,000
7%
$2,295,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,490,000
Current use
MEDICAL BUILDING
$3,685,000
Change: +48% · Conversion: Difficult
RESTAURANT
$3,465,000
Change: +39% · Conversion: Easy
OFFICE BUILDING
$3,325,000
Change: +34% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,105,000
Change: +25% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,925,000
Change: +18% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,455,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$3.74M
Range $3.36M – $4.11M · ±10% · vs last sale $3.70M (Dec 29 2023)
Last sale anchor
$3.70M
Dec 29 2023
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
$542 / 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
$58,611
Tax year 2023
Assessed value
$3,849,480
Assessed 2024
Previous assessed
$3,774,000
+2.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$2,809,080
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
9
Total area
6,886 SF
Lot
0.14 ac (6,000 SF)
APN
55-1886-1
UPID
US09-7775613
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
RETAIL STORES Current
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$3.7M
RESTAURANT
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
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
1928
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
9
Lot
0.14 ac
Current owner
From public records · entity-resolved
2300-2310 Ellsworth LLC
Entity
Free & Clear · 1 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2025
—
2300-2310 Ellsworth LLC
—
Deed
related
$54,800,000 · Brc Partners Vii LP A Delaware
Nov 27, 2024
—
2300-2310 Ellsworth LLC
2300-2310 Ellsworth LLC
Grant Deed
related
—
Dec 29, 2023
—
2300 2310 Ellsworth LLC
820 Macarthur LLC
Intrafamily Transfer
related
—
May 2, 2022
$3,700,000
820 Macarthur LLC
David Foster
Grant Deed
—
Jul 6, 2021
—
Linda R Wise
Linda Wise
Intrafamily Transfer
related
—
Nov 19, 2020
—
Foster Family Trust
Lisa Foster
Quit Claim Deed
related
—
Jan 23, 2020
—
Linda Wise
Richelieu F A & R V Trust
Quit Claim Deed
related
—
Jan 31, 2017
—
Linda Wise
Richelieu,fred A
Affidavit Of Death
related
—
Aug 12, 2014
—
Helen B Elrich
Elrich,clifford R
Affidavit Of Death
related
—
Jan 19, 2007
—
Richelieu Fred A & R V Trust
Richelieu,fred A & Rita V
Quit Claim Deed
related
—
May 7, 1998
—
Elrich Trust
Elrich,clifford R & Helen B
Quit Claim Deed
related
—
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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