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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Investment properties
3400 Fruitvale Ave Oakland, CA 94602-2318
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-6659341
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1936
Construction
WOOD
Total area
3,936 SF
Lot
0.08 ac (3,680 SF)
APN
28-905-26-1
UPID
US09-6659341
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
-
Tomsa Sushi Restaurant
-
D.D.HRZ Nightclub Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$920k
Comparable Approach
Comparable
$523k
Blend (final)
Blend
$800k
Owner & transaction history
Shin,sung J & Teressa Trust · 9 yrs held
Shin,sung J & Teressa Trust
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+52.5%
Office building
$950,000
+9.3%
Retail stores
$935,000
+7.9%
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%
$995,000
6.5%
$920,000
7%
$855,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$865,000
Current use
MEDICAL BUILDING
$1,325,000
Change: +52% · Conversion: Easy
OFFICE BUILDING
$950,000
Change: +9% · Conversion: Easy
RETAIL STORES
$935,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$750,000
Change: -14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$740,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$203 / 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
$19,161
Tax year 2023
Assessed value
$1,287,679
Assessed 2024
Previous assessed
$1,262,439
+2.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$118,466
Assessed improvement
$1,169,213
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
1936
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
3,936 SF
Lot
0.08 ac (3,680 SF)
APN
28-905-26-1
UPID
US09-6659341
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
$865,000
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$950,000
RETAIL STORES
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$750,000
AUTO REPAIR, GARAGE
Est. value
$740,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
1936
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Shin,sung J & Teressa Trust
Trust
Mailing address
44 STERLING WAY, LAFAYETTE, CA 94549-2272
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2017
—
Shin,sung J & Teressa Trust
Shin,sung J & Teressa
Quit Claim Deed
related
—
Nov 20, 2007
—
James Y Yoo
Ada,tricia
Quit Claim Deed
related
—
Nov 20, 2007
$1,000,000
Sungjae Shin
Reinheimer,kim Y
Grant Deed
—
Jun 27, 1996
—
Laverna Roth-heinz
Heinz,frank J
Quit Claim Deed
related
—
Jun 27, 1996
$300,000
Reinheimer,kim Y
Roth,laverna
Trustees Deed
$270,000 · Money Store INC
—
—
Kim Y Reinheimer
—
Deed Of Trust
related
$350,000 · Interbay Funding LLC
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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