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Property profile & analytics
OFF-MARKET
Estimated value
$2,375,000
Apartment buildings
3565 Dimond Ave, Oakland, CA 94602-2258
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-8586798
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
18,283 SF
Lot
0.33 ac (14,300 SF)
APN
29A-1301-12
UPID
US09-8586798
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
$2.65M
Blend (final)
Blend
$2.38M
Owner & transaction history
Dimond Property LLC · 7 yrs held
Dimond Property LLC
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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)
$3,220,000
Current use
Blend value · Realmo final
$2.38M
Range $2.14M – $2.61M · ±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
$130 / 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
$61,906
Tax year 2023
Assessed value
$2,924,778
Assessed 2024
Previous assessed
$2,862,778
+2.2% YoY
Effective rate
2.12%
On assessed value
Assessed land
$722,194
Assessed improvement
$2,202,584
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
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
1960
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
30
Rooms
88
Bathrooms
30
Total area
18,283 SF
Lot
0.33 ac (14,300 SF)
APN
29A-1301-12
UPID
US09-8586798
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
$3.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1960
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
30
Rooms
88
Bathrooms
30
Lot
0.33 ac
Current owner
From public records · entity-resolved
Dimond Property LLC
Entity
Mailing address
4578 CROW CYN PL, CASTRO VALLEY, CA 94552-4804
Ownership since
2018
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
Mar 30, 2026
—
Dimond Property LLC
—
Deed
related
$1,245,000 · Jpmorgan Chase Bank NA
Oct 30, 2018
—
Dimond Property LLC
Rui Canha
Grant Deed
$1,425,000 · First Foundation Bank
Apr 29, 2011
$2,315,000
Rui Canha
Breakaway Properties LLC
Grant Deed
$1,634,500 · First Foundation Bank
Sep 29, 2006
—
Breakaway Properties LLC
Prana Seven Properties
Grant Deed
$1,850,000 · Citibank West Fsb
Mar 2, 2001
—
Prana Seven Properties LP
Web Service Co INC
Quit Claim Deed
related
—
Feb 27, 2001
$2,050,000
Prana Seven Properties LP
Eil,robert J & Rosemary E
Grant Deed
$820,000 · World Savings Bank
Nov 28, 1995
—
Weiss Trust
Weiss,ronald A
Quit Claim Deed
related
—
Jan 4, 1989
$1,300,000
Robert Heil
Dimond Associate
Grant Deed
$975,000 · World Savings & Loan
—
—
Dimond Associate
—
Deed Of Trust
related
$360,000 · Individual
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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