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Property profile & analytics
FOR SALE
Investment properties
2414 Telegraph Ave Berkeley, CA 94704
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-7749303
For Sale
1 / 188
$15,000,000
2414 Telegraph Ave, Berkeley, CA 94704
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1919
Construction
TILT-UP CONCRETE
Total area
39,682 SF
Lot
0.37 ac (16,325 SF)
APN
55-1880-22-1
UPID
US09-7749303
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
-
iCustompainting Printing Service (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.47M
CAP Approach
CAP
$11.38M
Comparable Approach
Comparable
$17.25M
Blend (final)
Blend
$14.74M
Owner & transaction history
2414 Telegraph LLC · 2 yrs held
2414 Telegraph LLC
since 2023
Last sale
$15.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$21.2M
+76.8%
Restaurant
$20.0M
+66.3%
Office building
$19.2M
+59.5%
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
$15,090,000
ML approach
$10,465,000
CAP Approach
CAP Return
Estimation
6%
$12,320,000
6.5%
$11,375,000
7%
$10,560,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$12,010,000
Current use
MEDICAL BUILDING
$21,230,000
Change: +77% · Conversion: Easy
RESTAURANT
$19,975,000
Change: +66% · Conversion: Difficult
OFFICE BUILDING
$19,150,000
Change: +59% · Conversion: Easy
INDUSTRIAL (GENERAL)
$17,895,000
Change: +49% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$16,860,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$14,345,000
Change: +19% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$14,145,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$14.74M
Range $13.27M – $16.21M · ±10% · vs last sale $15.00M (Dec 6 2023)
Last sale anchor
$15.00M
Dec 6 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
$371 / 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
$73,992
Tax year 2023
Assessed value
$15,019,019
Assessed 2024
Previous assessed
$1,009,023
+1,388.5% YoY
Effective rate
0.49%
On assessed value
Assessed land
$4,500,000
Assessed improvement
$10,519,019
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1919
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
5
Units
38
Rooms
117
Bathrooms
97
Total area
39,682 SF
Lot
0.37 ac (16,325 SF)
APN
55-1880-22-1
UPID
US09-7749303
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
COMMERCIAL (GENERAL) Current
Est. value
$12.0M
MEDICAL BUILDING
Est. value
$21.2M
RESTAURANT
Est. value
$20.0M
OFFICE BUILDING
Est. value
$19.2M
INDUSTRIAL (GENERAL)
Est. value
$17.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$16.9M
RETAIL STORES
Est. value
$14.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.1M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1919
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
5
Buildings
2
Units
38
Rooms
117
Bathrooms
97
Lot
0.37 ac
Current owner
From public records · entity-resolved
2414 Telegraph LLC
Entity
Mailing address
2425 CHANNING WAY STE B, BERKELEY, CA 94704-2260
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
$15,000,000
2414 Telegraph LLC
Taylor Springs Management LLC
Grant Deed
$13,125,000 · Kh Funding Ca LLC
Dec 6, 2023
—
2414 Telegraph LLC
—
Deed
related
$13,125,000 · Kh Funding Ca LLC
Jul 1, 2009
—
Taylor Springs Management LLC
Kostic,jeanne D
Grant Deed
—
Sep 17, 1981
—
Jurkanin,edward J & Edward J Trust
—
Grant Deed
related
—
—
—
Taylor Springs Management LLC
—
Deed Of Trust
related
$1,649,900 · Union Bk
—
—
Taylor Springs Management LLC
—
Deed Of Trust
related
$1,200,000 · J P Morgan Chase 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.
Try Rey
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