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Property profile & analytics
OFF-MARKET
Estimated value
$3,470,000
Investment properties
2411 Santa Clara Ave Alameda, CA 94501-4595
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8733303
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1915
Construction
CONCRETE
Total area
25,490 SF
Lot
0.29 ac (12,600 SF)
APN
70-189-8
UPID
US09-8733303
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
Current use
Occupant on record · Public records
-
Alameda Podiatry Group Medical Clinic
-
Wright Randy DPM Physician
-
Lisa Winner Photography Photography Service (Bike/Boat/Book/etc) Store
-
Luxe Beauty Medspa Spa & Massage Center Alternative Medicine Practice
-
Tehwalai Thai Massage and Wellness Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.09M
Blend (final)
Blend
$3.47M
Owner & transaction history
Park Place Alameda LLC · 3 yrs held
Park Place Alameda LLC
since 2023
Last sale
$3.5M
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 Alameda submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alameda 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
$3,470,000
ML approach
$3,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.47M
Range $3.12M – $3.82M · ±10% · vs last sale $3.45M (May 16 2023)
Last sale anchor
$3.45M
May 16 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
$136 / 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
$65,520
Tax year 2023
Assessed value
$3,060,000
Assessed 2024
Previous assessed
$4,046,431
-24.4% YoY
Effective rate
2.14%
On assessed value
Assessed land
$1,606,500
Assessed improvement
$1,453,500
Applied tax rate
21.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1915
Construction
CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
2
Bathrooms
4
Total area
25,490 SF
Lot
0.29 ac (12,600 SF)
APN
70-189-8
UPID
US09-8733303
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
1915
Construction
CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
2
Bathrooms
4
Lot
0.29 ac
Current owner
From public records · entity-resolved
Park Place Alameda LLC
Entity
Mailing address
3450 QUAIL WALK CT, DANVILLE, CA 94506-5837
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2025
—
Park Place Alameda LLC
—
Deed
related
$1,000,000 · State Bank Of India (california)
May 16, 2023
$3,450,000
Park Place Alameda LLC
Santa Clara & Park Partners LP
Grant Deed
$1,925,000 · State Bank Of India
Apr 19, 2023
—
Gt Investments Gp
Postcard Capital Gp
Intrafamily Transfer
related
—
Dec 22, 2022
—
Charlesmark 199 LP
Santa Clara & Park Partners LP
Intrafamily Transfer
related
—
May 15, 2018
$3,700,000
Santa Clara & Park Partners LP
2411 Santa Clara LLC
Grant Deed
$2,775,000 · Sterling Bank & Trust Fsb
Oct 21, 2011
$2,200,000
2411 Santa Clara LLC
Lurie San Francisco INC
Grant Deed
—
May 3, 1966
—
Lurie Company
—
Warranty 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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