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Property profile & analytics
OFF-MARKET
Estimated value
$1,680,000
Apartment buildings
240 Valle Vis Ave Hayward, CA 94544-5547
Trust Owned
17-yr Hold
Free & Clear
Property ID
US09-7128498
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1992
Construction
WOOD
Total area
6,060 SF
Lot
0.35 ac (15,210 SF)
APN
78C-433-5-2
UPID
US09-7128498
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
$1.81M
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$1.68M
Owner & transaction history
Sousa Family Trust · 17 yrs held
Sousa Family Trust
since 2008
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.6M
+57.5%
Auto repair, garage
$2.2M
+37.1%
Retail stores
$1.8M
+7.4%
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%
$1,960,000
6.5%
$1,810,000
7%
$1,680,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,635,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,575,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,240,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$1,755,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,665,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$1,615,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$1,565,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.68M
Range $1.51M – $1.85M · ±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
$277 / 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
$15,896
Tax year 2023
Assessed value
$1,259,404
Assessed 2024
Previous assessed
$1,234,922
+2.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$338,508
Assessed improvement
$920,896
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
1992
Construction
WOOD
Heating
NONE
Buildings
3
Stories
2
Units
9
Rooms
37
Bathrooms
10
Total area
6,060 SF
Lot
0.35 ac (15,210 SF)
APN
78C-433-5-2
UPID
US09-7128498
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
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.2M
RETAIL STORES
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE 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
1992
Construction
WOOD
Heating
NONE
Stories
2
Buildings
3
Units
9
Rooms
37
Bathrooms
10
Lot
0.35 ac
Current owner
From public records · entity-resolved
Sousa Family Trust
Trust
Free & Clear · 17 yrs held
Mailing address
3466 RANCHO VW CT, SAN JOSE, CA 95132-2444
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2008
—
Sousa Family Trust
Sousa,manuel A & Filomena M
Quit Claim Deed
related
—
Jan 11, 1989
$184,000
Manuel Sousa
Ahmadi,h.&s./ahm
Grant Deed
—
—
—
Sousa Trust
—
Deed Of Trust
related
$400,000 · World Savings & Loan
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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