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Property profile & analytics
OFF-MARKET
Estimated value
$27,670,000
Apartment buildings
373 Diablo Rd 383 Danville, CA 94526-3475
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3210562
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Total area
157,729 SF
Lot
4.26 ac (185,566 SF)
Zoning code
NB
APN
216-120-037-9
UPID
US09-3210562
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
-
Alexan Downtown Danville Apartments Apartment Complex Apartment Building
-
Heima Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$38.58M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$27.67M
Owner & transaction history
Mm Danville Apartments LLC · 8 yrs held
Mm Danville Apartments LLC
since 2018
7 recorded transactions
Zoning & alternative use
NB · Danville, CA
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 Danville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danville 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%
$41,790,000
6.5%
$38,575,000
7%
$35,820,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$43,060,000
Current use
AUTO REPAIR, GARAGE
$41,820,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$37,955,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$27.67M
Range $24.90M – $30.44M · ±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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,234,210
Tax year 2024
Assessed value
$105,148,090
Assessed 2024
Previous assessed
$105,148,090
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$30,828,440
Assessed improvement
$74,319,650
Applied tax rate
16.0000
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
2019
Heating
NONE
Stories
1
Units
144
Total area
157,729 SF
Lot
4.26 ac (185,566 SF)
Zoning code
NB
APN
216-120-037-9
UPID
US09-3210562
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
NB · Danville, CA
Zoning NB · permitted uses
NB · Danville, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$43.1M
AUTO REPAIR, GARAGE
Est. value
$41.8M
RETAIL STORES
Est. value
$38.0M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
2019
Heating
NONE
Stories
1
Units
144
Lot
4.26 ac
Current owner
From public records · entity-resolved
Mm Danville Apartments LLC
Entity
Mailing address
18818 TELLER AVE STE #277, IRVINE, CA 92612-1612
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
—
Mm Danville Apartments LLC
—
Deed
related
$55,500,000 · Rox II Capital A LLC
Aug 31, 2018
—
Mm Danville Apartments LLC
—
Grant Deed
related
$54,270,000 · Wells Fargo Bk
May 16, 2018
$20,400,000
Mm Danville Apartments LLC
Danville Office Partners LLC
Grant Deed
related
—
Apr 27, 2018
—
Danville Office Partners LLC
—
Deed
related
$2,000,000 · San Pablo Retail Ptrs II LLC
Jan 26, 2018
—
Danville Office Partners LLC
—
Deed
related
—
Nov 13, 2017
—
Danville Office Partners LLC
—
Deed
related
$3,918,366 · Comerica Bk
May 16, 2017
—
Danville Office Partners LLC
—
Deed
related
$4,800,000 · Comerica Bk
Oct 10, 2016
—
Danville Office Partners LLC
—
Deed
related
$3,918,366 · Comerica Bk
May 6, 2016
—
Danville Office Partners LLC
—
Deed
related
$4,800,000 · Comerica Bk
Dec 28, 2000
—
Danville Office Partners LLC
Shiva INC
Grant Deed
related
—
Apr 17, 1997
$7,600,000
Metcalf Trust
Diadlo Partnership
Grant Deed
$3,558,750 · Bank Of America
—
—
Diablo Partn
—
Deed Of Trust
related
$200,000 · Individual
—
—
Danville Office Partners LLC
—
Loan Modification
related
$4,800,000 · Comerica Bank
—
—
Danville Office Partners LLC
—
Loan Modification
related
$3,918,366 · Comerica Bk
—
—
Diablo Partnership
—
Deed Of Trust
related
$45,000 · Individual
—
—
Danville Office Partners LLC
—
Loan Modification
related
$3,918,366 · Comerica Bk
—
—
Danville Office Partners LLC
—
Loan Modification
related
$3,918,366 · Comerica Bk
—
—
Danville Office Partners LLC
—
Loan Modification
related
$4,800,000 · Comerica Bk
—
—
Danville Office Partners LLC
—
Loan Modification
related
$4,800,000 · Comerica Bk
—
—
Danville Office Partners LLC
—
Loan Modification
related
$3,918,366 · Comerica Bk
—
—
Danville Office Partners LLC
—
Deed Of Trust
related
$2,000,000 · San Pablo Retail Ptrs II LLC
—
—
Diablo Partnersh
—
Deed Of Trust
related
$270,000 · Individual
—
—
Danville Office Partners LLC
—
Loan Modification
related
$4,800,000 · Comerica Bank
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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