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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Turn key restaurants
3770 Piedmont Ave Oakland, CA 94611-5348
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8098876
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
TILT-UP CONCRETE
Total area
10,965 SF
Lot
0.47 ac (20,337 SF)
APN
12-938-39-2
UPID
US09-8098876
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
-
doña Restaurant
-
Pomella Restaurant
-
24/7 TowTruck Oakland, CA Auto Parts Store
-
Lowney Architecture Architect
-
Pomella Catering Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.04M
Owner & transaction history
3770 LLC · 11 yrs held
3770 LLC
since 2015
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$95 / 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
$74,131
Tax year 2023
Assessed value
$5,022,550
Assessed 2024
Previous assessed
$4,924,081
+2.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$1,767,375
Assessed improvement
$3,255,175
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
10,965 SF
Lot
0.47 ac (20,337 SF)
APN
12-938-39-2
UPID
US09-8098876
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
Building & site characteristics
From public records
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
3770 LLC
Entity
Mailing address
4033 BROADWAY, OAKLAND, CA 94611-5617
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
3770 LLC
—
Deed
related
$6,200,000 · Standard Insurance Co
Jun 27, 2018
—
3770 LLC
—
Deed
related
$200,000 · Benjamin L JR Rodriguez
Mar 7, 2018
—
3770 LLC
—
Trustees Deed
related
$1,000,000 · United Busn Bk
Jun 18, 2015
$3,600,000
3770 LLC
3770 Piedmont Avenue LLC
Grant Deed
$5,400,000 · Bay Commercial Bank
Sep 29, 2014
—
3770 Piedmont Avenue LLC
3770 Piedmont Avenue LLC
Quit Claim Deed
related
—
May 2, 2014
—
3770 Piedmont Avenue LLC
Embl LLC
Grant Deed
$2,160,000 · Bay Commercial Bank
Feb 21, 2013
—
Donald T Grappo
Grappo,david
Quit Claim Deed
related
—
Feb 21, 2013
$2,500,000
Embl LLC
Grappo,donald T
Grant Deed
$2,225,000 · Angelos Venture
Jul 8, 2011
—
Donald T Grappo
Grappo M A 2003 Trust
Quit Claim Deed
related
—
Nov 22, 2004
—
Grappo Michael A 2003 Trust
Grappo,michael A
Quit Claim Deed
related
—
Oct 17, 1983
$690,000
Michael A Grappo
Kaiser Foundation
Grant Deed
—
—
—
Grappo Michael A 2003 Trust
—
Deed Of Trust
related
$200,000 · Howard Mortimer Trust
—
—
3770 LLC
—
Deed Of Trust
related
$200,000 · Benjamin L JR Rodriguez
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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