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Property profile & analytics
OFF-MARKET
Warehouses
2407 San Pablo Ave Berkeley, CA 94702-2010
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7357407
Property profile
Verified
Property type
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Year built
1953
Construction
TILT-UP CONCRETE
Total area
361 SF
Lot
0.35 ac (15,210 SF)
APN
56-1928-27-1
UPID
US09-7357407
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
by Request
Owner & transaction history
Berkeley Moshav LLC · 6 yrs held
Berkeley Moshav LLC
since 2019
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$36,394
Tax year 2024
Assessed value
$2,841,303
Assessed 2024
Previous assessed
$2,841,303
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,787,694
Assessed improvement
$53,609
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
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
Warehouses
Use group
STORAGE YARD (JUNK, SALVAGE)
Status
Off-Market
Year built
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
361 SF
Lot
0.35 ac (15,210 SF)
APN
56-1928-27-1
UPID
US09-7357407
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
1953
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Berkeley Moshav LLC
Entity
Mailing address
953 STANNAGE AVE, ALBANY, CA 94706-2005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2025
—
Berkeley Moshav LLC
—
Deed
related
$31,000,000 · Five Star Bank
Nov 26, 2019
$4,000,000
Berkeley Moshav LLC
Katherine Davis
Grant Deed
$4,000,000 · Hebrew Free Loan Association Of San
Dec 10, 2018
—
Drobinsky,s & Davis K Trust
Lesser Ungapatchka LLC
Quit Claim Deed
$370,000 · 2403-2407 San Pablo Ave LLC
Sep 19, 2016
—
Lesser Ungapatchka LLC
—
Deed
related
$311,000 · Private Individual
May 3, 2012
—
Lesser Ungapatchka LLC
Drobinsky S & D K Trust
Grant Deed
—
Mar 8, 2012
—
Drobinsky S & Davis K Trust
Drobinsky,steven L
Quit Claim Deed
related
—
May 19, 1997
$300,000
Steven L Drobinsky
White,john L & Virginia F
Grant Deed
—
—
—
John L White
—
Deed Of Trust
related
$372,000 · Gerstein Trust
—
—
Lesser Ungapatchka LLC
—
Deed Of Trust
related
$311,000 · Private Individual
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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