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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Apartment buildings
3421 68th Ave Oakland, CA 94605-2185
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-8364277
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1986
Construction
WOOD
Total area
6,577 SF
Lot
0.29 ac (12,812 SF)
APN
37A-2755-135-1
UPID
US09-8364277
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
$1.02M
Owner & transaction history
Ljr Property Mgmt LLC · 10 yrs held
Ljr Property Mgmt LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.6M
+36.7%
Retail stores
$1.6M
+34.9%
Commercial (general)
$1.3M
+12.3%
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)
$1,160,000
Current use
OFFICE BUILDING
$1,585,000
Change: +37% · Conversion: Moderate
RETAIL STORES
$1,565,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,300,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$34,976
Tax year 2023
Assessed value
$2,084,365
Assessed 2024
Previous assessed
$2,043,506
+2.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$521,091
Assessed improvement
$1,563,274
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
1986
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
8
Rooms
34
Bathrooms
8
Total area
6,577 SF
Lot
0.29 ac (12,812 SF)
APN
37A-2755-135-1
UPID
US09-8364277
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
$1.2M
OFFICE BUILDING
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
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
1986
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
8
Rooms
34
Bathrooms
8
Lot
0.29 ac
Current owner
From public records · entity-resolved
Ljr Property Mgmt LLC
Entity
Mailing address
PO BOX 109, SAN MATEO, CA 94401-0109
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2016
$1,800,000
Ljr Property Mgmt LLC
Amp Property Mgmt LLC
Grant Deed
$320,000 · Mary W Oskamp
Nov 26, 2014
$1,080,000
Amp Property Management LLC
Mw Real Estate Investment LLC
Grant Deed
$810,000 · Sequoia Mortgage Capital INC
Oct 30, 2009
$985,000
Mw Real Estate Investments LLC
Miant LLC
Grant Deed
$689,500 · United Commercial Bank
Jan 27, 2005
$229,500
Miant LLC
Taplin,shahnaz
Grant Deed
related
—
Mar 15, 2004
—
Shahnaz C Taplin
Taplin,a R
Quit Claim Deed
related
—
Nov 13, 2002
$883,000
A R Taplin
Wilton,mark
Grant Deed
$661,500 · First Republic Bank
May 11, 2000
$325,000
Wilton,mark
Budderman,marvin
Trustees Deed
—
Jul 8, 1994
—
Marvin Budderman
Budderman Trust
Quit Claim Deed
related
$441,000 · San Francisco Federal S & L
Oct 23, 1991
—
Marvin Budderman
Home Savings Of
Grant Deed
$528,000 · Home Savings Of America
Aug 25, 1989
$201,500
Syed Hussain
Wilton,m./ryan,w
Grant Deed
related
—
—
—
Amp Property Management LLC
—
Deed Of Trust
related
$400,000 · Yuk-shim H Yu
—
—
Amp Property Management LLC
—
Deed Of Trust
related
$50,000 · Mihir Rajopadhye
—
—
Mark A Wilton
—
Deed Of Trust
related
$954,000 · Bay Bank Of Commerce
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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