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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Apartment buildings
31 13th St Richmond, CA 94801-3529
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2932898
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Total area
3,488 SF
Lot
0.13 ac (5,625 SF)
APN
540-320-008-1
UPID
US09-2932898
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
$1.02M
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$989k
Blend (final)
Blend
$970k
Owner & transaction history
Pig LLC · 4 yrs held
Pig LLC
since 2021
Last sale
$970,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+57.5%
Commercial (general)
$985,000
+22.6%
Auto repair, garage
$900,000
+12.0%
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
$895,000
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$805,000
Current use
MEDICAL BUILDING
$1,265,000
Change: +57% · Conversion: Moderate
COMMERCIAL (GENERAL)
$985,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$900,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$865,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $970k (Nov 29 2021)
Last sale anchor
$970k
Nov 29 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
$278 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$20,445
Tax year 2024
Assessed value
$1,009,188
Assessed 2024
Previous assessed
$1,009,188
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$416,160
Assessed improvement
$593,028
Applied tax rate
8.0000
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
1984
Heating
NONE
Stories
1
Units
5
Rooms
5
Total area
3,488 SF
Lot
0.13 ac (5,625 SF)
APN
540-320-008-1
UPID
US09-2932898
Jurisdiction
CONTRA COSTA
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
$805,000
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$900,000
OFFICE BUILDING
Est. value
$865,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1984
Heating
NONE
Stories
1
Units
5
Rooms
5
Lot
0.13 ac
Current owner
From public records · entity-resolved
Pig LLC
Entity
Mailing address
2884 19TH ST, SAN PABLO, CA 94806-2412
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2021
$970,000
Pig LLC
Birch8330 LP
Grant Deed
$717,000 · Safe Cu
Feb 26, 2019
—
Birch8330 LP
—
Deed
related
$1,980,000 · Banc Of California NA
Feb 13, 2017
$638,000
Birch8330 LP
David M Spatz Richmond Props L
Grant Deed
—
Dec 17, 2013
—
David M Spatz Richmond Props
Spatz,david M
Quit Claim Deed
related
—
Sep 20, 2012
—
David M Spatz
David M Spatz Richmond Props
Quit Claim Deed
—
Feb 28, 2007
—
M Spatz Richmond Props L David
Spatz,david M
Quit Claim Deed
—
Feb 27, 2007
—
David M Spatz
David M Spatz Richmond Props L
Quit Claim Deed
$455,000 · Wells Fargo Bank NA
Feb 23, 2006
—
David M Spatz Richmond Props
Spatz,david M
Quit Claim Deed
—
Aug 8, 2001
$88,000
David M Spatz
Spatz,david M
Grant Deed
related
$350,000 · Countrywide Home Loans INC
Feb 12, 1991
—
David M Spatz
—
Quit Claim Deed
related
$188,000 · 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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