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Property profile & analytics
OFF-MARKET
Estimated value
$1,810,000
Investment properties
2865 Broadway Oakland, CA 94611-5708
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8091564
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
WOOD
Total area
8,341 SF
Lot
0.1 ac (4,199 SF)
APN
9-686-1-1
UPID
US09-8091564
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
-
Replenish Kits Marketing & Advertising IT Consulting Firm
-
Good Cents For Oakland Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
$2.22M
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.81M
Owner & transaction history
7 Jb LLC · 4 yrs held
7 Jb LLC
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.0M
+63.4%
Medical building
$2.8M
+52.5%
Industrial (general)
$2.4M
+31.0%
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
$1,725,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
$2,400,000
6.5%
$2,215,000
7%
$2,055,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,840,000
Current use
RESTAURANT
$3,005,000
Change: +63% · Conversion: Difficult
MEDICAL BUILDING
$2,805,000
Change: +52% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,410,000
Change: +31% · Conversion: Moderate
OFFICE BUILDING
$2,010,000
Change: +9% · Conversion: Easy
RETAIL STORES
$1,985,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,895,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.81M
Range $1.63M – $1.99M · ±10% · vs last sale $2.00M (Oct 20 2021)
Last sale anchor
$2.00M
Oct 20 2021
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
$217 / 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
$20,997
Tax year 2023
Assessed value
$1,346,072
Assessed 2024
Previous assessed
$1,319,680
+2.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$422,534
Assessed improvement
$923,538
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Bathrooms
2
Total area
8,341 SF
Lot
0.1 ac (4,199 SF)
APN
9-686-1-1
UPID
US09-8091564
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
$1.8M
RESTAURANT
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1900
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
7 Jb LLC
Entity
Mailing address
PO BOX 10664, OAKLAND, CA 94610-0664
Ownership since
2021
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 11, 2022
—
7jb LLC
—
Deed
related
$2,000,000 · Gateway Bank Fsb
Oct 20, 2021
—
7 Jb LLC
Hoi Liang Phua
Intrafamily Transfer
related
—
Oct 10, 2012
—
Phua-lee Family Living Trust
Phua-lee Family Trust
Quit Claim Deed
related
—
Apr 3, 2012
$950,000
Us Bk National Assn
Fidelity National Title Co
Trustees Deed
related
—
Feb 13, 2009
—
Kids In Motion Gymnastics LLC
Stern,laura F
Quit Claim Deed
related
—
Jan 20, 2009
—
Kids In Motion Gymnastics LLC
Stern,laura F & Laura F
Quit Claim Deed
related
—
Dec 16, 2008
$2,000,000
Laura Stern
Xsi Properties INC
Grant Deed
$1,800,000 · Us Bank NA
Jun 16, 2006
$2,000,000
Rahim Morid
Hemmat,edward K & Roshanne
Grant Deed
—
Feb 17, 2005
$950,000
Edward K Hemmat
Williams,lelma L
Grant Deed
$950,000 · Gimmy Arthur Trust 006329
May 23, 1977
—
Lelma L Williams
—
Grant Deed
related
—
—
—
Phua-lee Family Trust
—
Deed Of Trust
related
$675,000 · Bank Of East Asia
—
—
Williams Est Lelma
—
Deed Of Trust
related
$120,000 · Metropolitan Bank
—
—
Williams Est Lelma
—
Deed Of Trust
related
$85,000 · Metropolitan Bank
—
—
Laura Stern
—
Deed Of Trust
related
$100,000 · Rahim & Marzieh Morid
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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