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Property profile & analytics
OFF-MARKET
Estimated value
$3,495,000
Apartment buildings
23914 2nd St Hayward, CA 94541
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-9269197
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
26,654 SF
Lot
0.29 ac (12,500 SF)
APN
426-200-9-1
UPID
US09-9269197
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
$4.20M
Blend (final)
Blend
$3.50M
Owner & transaction history
Windsor Arms Apartment Hayward · 19 yrs held
Windsor Arms Apartment Hayward
since 2007
7 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.50M
Range $3.15M – $3.84M · ±10%
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
$131 / 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
$42,920
Tax year 2023
Assessed value
$3,477,170
Assessed 2024
Previous assessed
$3,409,228
+2.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,048,704
Assessed improvement
$2,428,466
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
1970
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
24
Total area
26,654 SF
Lot
0.29 ac (12,500 SF)
APN
426-200-9-1
UPID
US09-9269197
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
1970
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
24
Lot
0.29 ac
Current owner
From public records · entity-resolved
Windsor Arms Apartment Hayward
Individual
Mailing address
404 10TH STA, MORGAN HILL, CA 95037-7115
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Hayward Windsor Arms Apartments LLC
—
Deed
related
$5,400,000 · Jpmorgan Chase Bank NA
Feb 16, 2023
—
Hayward Windsor Arms Apartments LLC
—
Deed
related
$1,964,000 · Mufg Union Bank NA
Sep 27, 2017
—
Hayward Windsor Arms Apartment
—
Deed
related
$3,165,000 · Mufg Union Bk NA
Jun 27, 2007
—
Windsor Arms Apartment Hayward
Kellar,edward D & Janeen F
Grant Deed
$3,075,000 · Fremont Bank
Jun 1, 2000
$2,300,000
Edward D Kellar
Thalapaneni,guru & Veena
Grant Deed
—
Jul 7, 1998
$1,655,000
Thalapaneni,guru & Veena
Harrosh Trust
Trustees Deed
$1,241,250 · Fremont Bank
Jul 7, 1998
—
Harrosh,lynne M
Marovic,george
Trustees Deed
related
—
—
—
Windsor Arms Apartment Hayward
—
Deed Of Trust
related
$2,850,000 · Union Bank
—
—
Guru Thalapaneni
—
Deed Of Trust
related
$150,000 · Individual
—
—
Hayward Windsor Arms Apartment
—
Deed Of Trust
related
$3,165,000 · Mufg Union Bk NA
—
—
Edward D Kellar
—
Deed Of Trust
related
$500,000 · Fremont Bank
—
—
Guru T Paneni
—
Deed Of Trust
related
$1,387,500 · Fremont 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.
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