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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Investment properties
3821 Market St Oakland, CA 94608-3825
Individually Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-7799968
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1922
Construction
WOOD
Total area
3,225 SF
Lot
0.16 ac (6,875 SF)
APN
12-956-24
UPID
US09-7799968
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$315k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$437k
Blend (final)
Blend
$500k
Owner & transaction history
Girmay Ghebreab · 19 yrs held
Girmay Ghebreab
since 2007
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
Method
Estimation
Statistic approach
by Request
ML approach
$315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
$155 / 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
$13,064
Tax year 2023
Assessed value
$788,052
Assessed 2024
Previous assessed
$772,602
+2.0% YoY
Effective rate
1.66%
On assessed value
Assessed land
$656,710
Assessed improvement
$131,342
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1922
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
4
Rooms
7
Bathrooms
2
Total area
3,225 SF
Lot
0.16 ac (6,875 SF)
APN
12-956-24
UPID
US09-7799968
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
1922
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
4
Rooms
7
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Girmay Ghebreab
Individual
Mailing address
3821 MARKET ST, OAKLAND, CA 94608-3825
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2007
$240,000
Girmay Ghebreab
Gonzalez,sergio
Grant Deed
$163,000 · Sergio Gonzalez
Mar 3, 2003
—
Sergio Gonzalez
Gonzalez,sergio & Marta I
Quit Claim Deed
related
—
Jan 11, 2000
$205,000
Martal,sergio G
Reagan,brian
Trustees Deed
—
Jan 11, 2000
—
Sebastian Corvera
Corvera,leonor
Quit Claim Deed
related
$133,250 · Community Commerce Bank
Jun 27, 1996
$90,000
Brian Reagan
Wynn,harry E
Trustees Deed
—
Aug 19, 1994
—
Oscar W Merrida
Merrida,virga
Quit Claim Deed
related
—
Aug 19, 1994
$200,000
Wynn,harry E
Merrida,oscar
Trustees Deed
$105,000 · Pacific Thrift & Loan Co
Apr 8, 1991
$125,000
Oscar Merrida
Fracchia,m./mill
Grant Deed
$45,000 · Individual
—
—
Oscar Merrida
—
Deed Of Trust
related
$11,000 · Individual
—
—
Oscar Merrida
—
Deed Of Trust
related
$15,000 · Individual
—
—
Sergio Gonzalez
—
Deed Of Trust
related
$51,250 · Commonwealth Land Title Co
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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