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Property profile & analytics
OFF-MARKET
Medical Office Space
2435 Russell St Berkeley, CA 94705-2080
Trust Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-9354709
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1913
Construction
WOOD
Total area
1,855 SF
Lot
0.04 ac (1,855 SF)
APN
53-1691-10
UPID
US09-9354709
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
-
Kaplan George C MD Medical Clinic Physician
-
Katz Maureen A MD Physician
-
Klein Laura MD Physician
-
Henry Markman MD Physician
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
Glass Of Katz Family Living Trust · 12 yrs held
Glass Of Katz Family Living Trust
since 2014
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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,946
Tax year 2023
Assessed value
$809,222
Assessed 2024
Previous assessed
$793,358
+2.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$289,940
Assessed improvement
$519,282
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1913
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
1,855 SF
Lot
0.04 ac (1,855 SF)
APN
53-1691-10
UPID
US09-9354709
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
1913
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Glass Of Katz Family Living Trust
Trust
Mailing address
2435 RUSSELL ST, BERKELEY, CA 94705-2080
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2014
$224,500
Glass Of Katz Family Living Trust
Kaplan Family Trust
Grant Deed
—
Jul 14, 2010
—
Kaplan Family Trust
Kaplan Family Trust
Quit Claim Deed
related
—
Jul 29, 2005
—
Rebecca Mayer
Mayer,elizabeth L
Affidavit Of Death
related
—
Jul 26, 2005
$500,000
Chokatos John & G 1998 Trust
Mayer E L 2001 Trust
Grant Deed
—
Jun 24, 2004
$65,000
Kaplan,tr
Sperber,sheldon
Quit Claim Deed
related
—
Aug 9, 2001
—
Mayer Trust
Mayer,elizabeth
Quit Claim Deed
related
—
May 21, 2001
—
Kaplan Trust
Kaplan,george C & Patricia M
Quit Claim Deed
related
—
Jul 14, 2000
—
Elizabeth Mayer
Renik,owen
Grant Deed
related
—
Dec 1, 1978
$15,000
Marjorie L Sperber
—
Grant Deed
related
—
—
—
Kaplan,tr
—
Deed Of Trust
related
$195,000 · Bank Of America
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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