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Property profile & analytics
FOR LEASE
Office buildings
370 Grand Ave 1 Oakland, CA 94610
Entity Owned
8-yr Hold
Free & Clear
Property ID
US09-7623749
For Lease
1 / 9
$2,500/Mo
370 Grand Ave,Unit 1, Oakland, CA 94610
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1918
Construction
WOOD
Total area
6,480 SF
Lot
0.14 ac (6,250 SF)
APN
10-776-10
UPID
US09-7623749
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
-
Kay Peterson Marriage Or Relationship Counselor
-
William G. Panzer Law Firm
-
David H Williams Law Offices Law Firm
-
Amy Schlegel L.Ac, D.A.O.M Medical Clinic Alternative Medicine Practice
-
Sharon E Duggan Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Jjtl Property LLC · 8 yrs held
Jjtl Property LLC
since 2018
6 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
OFFICE BUILDING
$1,560,000
Current use
RETAIL STORES
$1,540,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,430,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,340,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$147 / 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
$25,290
Tax year 2023
Assessed value
$1,706,714
Assessed 2024
Previous assessed
$1,673,250
+2.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$853,357
Assessed improvement
$853,357
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1918
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Bathrooms
5
Total area
6,480 SF
Lot
0.14 ac (6,250 SF)
APN
10-776-10
UPID
US09-7623749
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
OFFICE BUILDING Current
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1918
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jjtl Property LLC
Entity
Free & Clear · 8 yrs held
Mailing address
3332 SWEET DR, LAFAYETTE, CA 94549-5209
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2018
—
Jjtl Property LLC
Lee,jihong & Jeungmin
Quit Claim Deed
related
—
Oct 27, 2016
$1,500,000
Jihong Lee
Lew & Roberts LLC
Grant Deed
$1,050,000 · Bank Of The West
Dec 4, 2015
—
Lew & Roberts LLC
Lew & Roberts
Quit Claim Deed
—
Mar 31, 2005
—
Lew
Owner Name Unavailable
Grant Deed
$525,000 · First Republic Bank
Sep 29, 1994
—
Minami Tomine Lew
Minami Tomine Lew Kubota Chan
Quit Claim Deed
related
$260,000 · First Republic Thrift & Loan
Feb 21, 1979
$133,500
Minami
—
Grant Deed
related
$103,500
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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