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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Apartment buildings
3571 66th Ave Oakland, CA 94605-2150
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-1786408
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Construction
WOOD
Total area
6,375 SF
Lot
0.21 ac (9,344 SF)
APN
37A-2752-1-4
UPID
US10-1786408
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
$1.73M
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.73M
Owner & transaction history
Carlo Revelli · 2 yrs held
Carlo Revelli
since 2024
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.7M
+140.9%
Restaurant
$2.3M
+104.2%
Medical building
$2.1M
+90.6%
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
$1,730,000
ML approach
$1,730,000
CAP Approach
CAP Return
Estimation
6%
$1,930,000
6.5%
$1,780,000
7%
$1,650,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,125,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,710,000
Change: +141% · Conversion: Difficult
RESTAURANT
$2,295,000
Change: +104% · Conversion: Difficult
MEDICAL BUILDING
$2,145,000
Change: +91% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,840,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$1,535,000
Change: +37% · Conversion: Moderate
RETAIL STORES
$1,515,000
Change: +35% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,260,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$1.73M
Range $1.56M – $1.90M · ±10% · vs last sale $1.73M (Jun 28 2024)
Last sale anchor
$1.73M
Jun 28 2024
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
$271 / 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
$33,231
Tax year 2023
Assessed value
$1,916,429
Assessed 2024
Previous assessed
$1,916,429
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$669,300
Assessed improvement
$1,247,129
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
1970
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
9
Rooms
33
Bathrooms
9
Total area
6,375 SF
Lot
0.21 ac (9,344 SF)
APN
37A-2752-1-4
UPID
US10-1786408
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
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.7M
RESTAURANT
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.1M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1970
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
9
Rooms
33
Bathrooms
9
Lot
0.21 ac
Current owner
From public records · entity-resolved
Carlo Revelli
Individual
Mailing address
1050 FILBERT ST, SAN FRANCISCO, CA 94133-2508
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Carlo Revelli
Carlo Revelli
Intrafamily Transfer
related
—
Feb 29, 2024
$1,731,000
Carlo Pietro Aless Revelli
Oakland Afordable Housing Group II
Grant Deed
—
Jun 27, 2018
—
Thomas Anthony
Anthony,francine A
Quit Claim Deed
related
—
Jun 27, 2018
$1,720,000
Oakland Affordable Hsng Grp II
Swain Charles Living Trust
Grant Deed
—
Sep 28, 2015
—
Swain,charles Living Trust
Swain,charles
Quit Claim Deed
related
—
Dec 17, 2012
—
Charles Swain
Swain,charles
Quit Claim Deed
related
—
Aug 17, 2011
$495,000
Charles Swain
Burbank Invstr Svcs
Grant Deed
—
Jun 3, 2011
$500,000
Burbank Invstr Svcs
Fidelity Natl Title Co
Trustees Deed
related
—
Feb 24, 2006
$967,272
James Kilpatrick
Robert L Newell
Grant Deed
$705,000 · Luther Burbank Savings
Mar 30, 1995
—
Newell Trust
Newell,robert L & Harriet A
Quit Claim Deed
related
—
—
—
Charles Swain
—
Deed Of Trust
related
$420,000 · First Republic Bank
—
—
Robert L Newell
—
Deed Of Trust
related
$360,000 · Home Savings Of America
—
—
Newell Trust
—
Deed Of Trust
related
$481,000 · Washington Mutual Fsb
—
—
Newell Robert L
—
Deed Of Trust
related
$25,000 · Oakland City (ca)
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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