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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Apartment buildings
2732 21st Ave Oakland, CA 94606-3480
Trust Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8357696
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD
Total area
5,402 SF
Lot
0.2 ac (8,500 SF)
APN
22-364-13-2
UPID
US09-8357696
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
$840k
Owner & transaction history
Nguyen Family Trust · 21 yrs held
Nguyen Family Trust
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+32.6%
Retail stores
$1.3M
+30.9%
Auto repair, garage
$1.0M
+3.5%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$980,000
Current use
OFFICE BUILDING
$1,300,000
Change: +33% · Conversion: Moderate
RETAIL STORES
$1,285,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,015,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$840k
Range $756k – $924k · ±10%
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
$155 / 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
$22,319
Tax year 2023
Assessed value
$1,263,975
Assessed 2024
Previous assessed
$1,239,194
+2.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$345,031
Assessed improvement
$918,944
Applied tax rate
17.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
6
Rooms
27
Bathrooms
6
Total area
5,402 SF
Lot
0.2 ac (8,500 SF)
APN
22-364-13-2
UPID
US09-8357696
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$980,000
OFFICE BUILDING
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1965
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
6
Rooms
27
Bathrooms
6
Lot
0.2 ac
Current owner
From public records · entity-resolved
Nguyen Family Trust
Trust
Free & Clear · 21 yrs held
Mailing address
548 INTERNATIONAL BLVD, OAKLAND, CA 94606-2910
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Jan 3, 2005
$462,500
Nguyen Family Trust
Doan,arthur & Chanel
Grant Deed
—
Dec 30, 2004
$462,500
Nguyen Family Trust
Doan,arthur & Chanel
Grant Deed
—
Jun 26, 2002
$778,000
Lan P Vu
Tadesse,sileshi & Mulumebet G
Grant Deed
$445,600 · California Savings Bank
Jun 17, 1999
$370,000
Sileshi Tadesse
Baker,richard
Grant Deed
$296,000 · Novato Community Bank
Feb 24, 1994
$400,000
Richard Baker
Miles,michie K
Grant Deed
$300,000 · Home Savings Of America
Dec 19, 1989
$75,500
Michie Miles
Exchange Facilit
Grant Deed
related
—
—
—
Nguyen Family Trust
—
Deed Of Trust
related
$600,000 · California Savings Bank
—
—
Sileshi T Tadesse
—
Deed Of Trust
related
$366,000 · Novato Community Bank
—
—
Richard Stark
—
Deed Of Trust
related
$310,000 · Bay View Federal 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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