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Property profile & analytics
OFF-MARKET
Estimated value
$9,935,000
Apartment buildings
3686 Mt Diablo Blvd Lafayette, CA 94549-3742
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3096744
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
22,514 SF
Lot
1.27 ac (55,321 SF)
APN
241-020-004-8
UPID
US09-3096744
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
-
The Morgan Apartments Apartment Building Apartment Rental Agency
-
William Berrien Civil Strctrl Structural Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.96M
Blend (final)
Blend
$9.94M
Owner & transaction history
Ous1 LLC · 5 yrs held
Ous1 LLC
since 2020
Last sale
$10.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.8M
+60.2%
Medical building
$8.2M
+33.0%
Commercial (general)
$7.8M
+27.5%
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 Lafayette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette 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
$10,045,000
ML approach
$9,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,145,000
Current use
RESTAURANT
$9,845,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$8,175,000
Change: +33% · Conversion: Moderate
COMMERCIAL (GENERAL)
$7,835,000
Change: +27% · Conversion: Moderate
OFFICE BUILDING
$7,740,000
Change: +26% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,970,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$9.94M
Range $8.94M – $10.93M · ±10% · vs last sale $10.70M (Dec 4 2020)
Last sale anchor
$10.70M
Dec 4 2020
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
$441 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$149,039
Tax year 2024
Assessed value
$11,366,286
Assessed 2024
Previous assessed
$11,366,286
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$7,428,456
Assessed improvement
$3,937,830
Applied tax rate
14.0000
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
1964
Heating
NONE
Stories
1
Units
35
Rooms
35
Total area
22,514 SF
Lot
1.27 ac (55,321 SF)
APN
241-020-004-8
UPID
US09-3096744
Jurisdiction
CONTRA COSTA
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
$6.1M
RESTAURANT
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$7.8M
OFFICE BUILDING
Est. value
$7.7M
AUTO REPAIR, GARAGE
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1964
Heating
NONE
Stories
1
Units
35
Rooms
35
Lot
1.27 ac
Current owner
From public records · entity-resolved
Ous1 LLC
Entity
Mailing address
2975 SCOTT BLVD STE #200, SANTA CLARA, CA 95054-3314
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Apr 22, 2025
—
Ous1 LLC
—
Deed
related
$5,500,000 · Jpmorgan Chase Bank NA
Aug 2, 2021
—
Ousi LLC
—
Deed
related
$6,720,000 · The Northern Trust Co
Dec 4, 2020
$10,700,000
Ous1 LLC
Berrien R & W F/tr
Grant Deed
—
Jun 28, 2012
—
Berrien Richard C Trust
Berrien R & W Family Trust
Quit Claim Deed
related
—
Apr 19, 2005
—
Berrien Richard & W Trust
Berrien,richard C & Winifred N
Quit Claim Deed
related
—
—
—
Richard C Berrien
—
Deed Of Trust
related
$300,000 · Wells Fargo Bank
Oct 15, 1965
—
Richard C Berrien
—
Grant Deed
related
—
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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