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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Turn key restaurants
2420 Shattuck Ave Berkeley, CA 94704-2023
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6678416
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
TILT-UP CONCRETE
Total area
5,580 SF
Lot
0.11 ac (4,717 SF)
APN
55-1896-3
UPID
US09-6678416
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
-
North Beach Pizza - Online Pizza Delivery, Take Out Near Berkeley Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$660k
Blend (final)
Blend
$890k
Owner & transaction history
2420 Shattuck LLC · 4 yrs held
2420 Shattuck LLC
since 2022
Last sale
$845,000
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
Method
Estimation
Statistic approach
$900,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±10% · vs last sale $845k (Jan 6 2022)
Last sale anchor
$845k
Jan 6 2022
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
$159 / 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
$38,750
Tax year 2023
Assessed value
$2,288,879
Assessed 2024
Previous assessed
$2,244,000
+2.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$2,273,794
Assessed improvement
$15,085
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
1
Total area
5,580 SF
Lot
0.11 ac (4,717 SF)
APN
55-1896-3
UPID
US09-6678416
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
1940
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
2420 Shattuck LLC
Entity
Mailing address
9101 BURNING TREE RD, BETHESDA, MD 20817-3065
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2022
$845,000
2420 Shattuck LLC
Anna Amelia Schipani
Grant Deed
—
Dec 13, 2019
—
Anna Amelia Schipani
Anna Amelia Schipani
Correction Deed
related
$1,400,000 · First Republic Bank
Mar 24, 2015
—
John Schipani
Schipani John
Quit Claim Deed
related
—
Nov 8, 1999
—
John Schipani
—
Grant Deed
related
$158,000 · Imperial Thrift & Loan
May 23, 1977
—
John Schipani
—
Grant Deed
related
—
—
—
John Schipani
—
Deed Of Trust
related
$31,000 · *leland & Katzne
—
—
John Schipani
—
Deed Of Trust
related
$450,000 · Us China Foundat
—
—
John Schipani
—
Deed Of Trust
related
$171,000 · Imperial Thrift & Loan
—
—
John Schipani
—
Deed Of Trust
related
$500,000 · Private Individual
—
—
John Schipani
—
Deed Of Trust
related
$200,000 · Adel Saadeh
—
—
John Schipani
—
Deed Of Trust
related
$825,000 · Metropolitan Bank
—
—
John Schipani
—
Deed Of Trust
related
$1,040,000 · Metropolitan Bank
—
—
John Schipani
—
Deed Of Trust
related
$169,000 · Imperial Thrift & Loan
—
—
John Schipani
—
Deed Of Trust
related
$75,000 · Metropolitan 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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