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Property profile & analytics
OFF-MARKET
Estimated value
$6,350,000
Apartment buildings
35750 Bettencourt St, Newark, CA 94560-1014
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8586721
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1966
Construction
WOOD
Total area
36,209 SF
Lot
1.5 ac (65,360 SF)
APN
92A-514-4-2
UPID
US09-8586721
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
-
Dyln by Trion Living Property Management Company Apartment Complex
-
Math Principles in Everyday Life High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.35M
Owner & transaction history
Bettencourt Tic Owner LLC · 4 yrs held
Bettencourt Tic Owner LLC
since 2021
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.3M
+16.4%
Commercial (general)
$10.1M
+14.9%
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 Newark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newark 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%
$8,740,000
6.5%
$8,070,000
7%
$7,495,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$8,830,000
Current use
RETAIL STORES
$10,275,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,140,000
Change: +15% · Conversion: Moderate
Blend value · Realmo final
$6.35M
Range $5.72M – $6.99M · ±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
$175 / 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
$252,808
Tax year 2023
Assessed value
$20,483,588
Assessed 2024
Previous assessed
$19,855,047
+3.2% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,097,960
Assessed improvement
$15,385,628
Applied tax rate
11.0000
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
1966
Construction
WOOD
Heating
NONE
Buildings
5
Stories
2
Units
50
Bathrooms
49
Total area
36,209 SF
Lot
1.5 ac (65,360 SF)
APN
92A-514-4-2
UPID
US09-8586721
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
$8.8M
RETAIL STORES
Est. value
$10.3M
COMMERCIAL (GENERAL)
Est. value
$10.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1966
Construction
WOOD
Heating
NONE
Stories
2
Buildings
5
Units
50
Bathrooms
49
Lot
1.5 ac
Current owner
From public records · entity-resolved
Bettencourt Tic Owner LLC
Entity
Mailing address
700 N SAN VICENTE BLVD STE G460, WEST HOLLYWOOD, CA 90069-5078
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
—
Bettencourt Tic Owner LLC
35750 Bettencourt LLC
Grant Deed
—
Nov 14, 2019
$27,500,000
412 S Lake Street LLC
Newark Meadows LLC
Trustees Deed
$20,400,000 · Zions Bancorporation NA
Oct 8, 1999
$7,505,000
Lok,calvin Y
Marques Trust
Trustees Deed
$750,000 · Washington Mutual Fsb
Oct 8, 1999
—
Calvin Y Lok
Lok,lisa
Quit Claim Deed
related
—
Dec 26, 1996
—
Marques Trust
Marques Trust
Quit Claim Deed
related
$3,550,000 · Home Savings Of America
Nov 9, 1994
$3,700,000
Marques Trust
765 Kingston Avenue Assoc
Grant Deed
$2,775,000 · Home Savings Of America
—
—
Randall C Berger Corp
—
Deed Of Trust
related
$106,000 · Arroyo & Coates
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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