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Property profile & analytics
FOR SALE
Apartment buildings
3002 Bona St Oakland, CA 94601
Trust Owned
6-yr Hold
Free & Clear
Property ID
US09-8411130
For Sale
1 / 10
$1,199,000
3002 Bona St, Oakland, CA 94601
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Construction
WOOD
Total area
5,148 SF
Lot
0.21 ac (9,000 SF)
APN
27-853-35
UPID
US09-8411130
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
$1.13M
Blend (final)
Blend
$865k
Owner & transaction history
Jeong Family Trust · 6 yrs held
Jeong Family Trust
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+41.7%
Retail stores
$1.0M
+15.8%
Warehouse, storage
$1.0M
+14.2%
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)
$875,000
Current use
OFFICE BUILDING
$1,240,000
Change: +42% · Conversion: Moderate
RETAIL STORES
$1,015,000
Change: +16% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,000,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$865k
Range $779k – $952k · ±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
$168 / 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
$22,945
Tax year 2023
Assessed value
$1,151,869
Assessed 2024
Previous assessed
$1,129,283
+2.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$250,891
Assessed improvement
$900,978
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
For Sale
Year built
1962
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
9
Rooms
28
Bathrooms
9
Total area
5,148 SF
Lot
0.21 ac (9,000 SF)
APN
27-853-35
UPID
US09-8411130
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
$875,000
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1962
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
9
Rooms
28
Bathrooms
9
Lot
0.21 ac
Current owner
From public records · entity-resolved
Jeong Family Trust
Trust
Free & Clear · 6 yrs held
Mailing address
6334 ESTS DR, PIEDMONT, CA 94611-3121
Ownership since
2019
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
Sep 23, 2019
—
Jeong Family Trust
Jeong,ted C & Margaret K
Quit Claim Deed
related
—
Jun 18, 2004
$830,000
Ted C Jeong
Dirar,tekie W
Grant Deed
$440,000 · United Commercial Bank
Jun 17, 2003
—
Tekie W Dirar
Dirar,tekie
Quit Claim Deed
related
$581,250 · California Savings Bank
Oct 17, 2001
$555,000
Tekie Dirar
Li,daniel M & Grace S
Grant Deed
$416,250 · California Savings Bank
Jun 6, 2000
$500,000
Daniel M Li
Langit Trust
Grant Deed
$350,000 · California Savings & Loan
Sep 22, 1993
—
Manuel&aurora,langit Trust
Langit,manuel T&
Quit Claim Deed
related
—
Dec 21, 1978
$142,000
Langit,manuel & Aurora Trust
—
Grant Deed
related
$104,000
—
—
Ted C Jeong
—
Deed Of Trust
related
$460,000 · East West Bk
—
—
Daniel M Li
—
Deed Of Trust
related
$150,000 · Langit Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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