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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Office buildings
39 Washington Ave 41 Richmond, CA 94801-3944
Individually Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2979382
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1901
Total area
3,608 SF
Lot
0.04 ac (1,940 SF)
APN
558-122-040-6
UPID
US09-2979382
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
-
ENN MUAY THAI Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
$735k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Richard Lompa · 12 yrs held
Richard Lompa
since 2013
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$930,000
+4.4%
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
$365,000
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$735,000
7%
$680,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$890,000
Current use
AUTO REPAIR, GARAGE
$930,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$159 / 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
$11,008
Tax year 2024
Assessed value
$540,812
Assessed 2024
Previous assessed
$540,812
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$78,114
Assessed improvement
$462,698
Applied tax rate
8.0000
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
Off-Market
Year built
1901
Heating
NONE
Stories
1
Total area
3,608 SF
Lot
0.04 ac (1,940 SF)
APN
558-122-040-6
UPID
US09-2979382
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
OFFICE BUILDING Current
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$930,000
OFFICE BUILDING Current
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
1901
Heating
NONE
Stories
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Richard Lompa
Individual
Free & Clear · 12 yrs held
Mailing address
1319 SANDERLING IS, RICHMOND, CA 94801-4118
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Oct 1, 2013
—
Richard Lompa
Lompa Richard 1989 Trust
Quit Claim Deed
related
—
Jul 31, 2013
$450,000
Lompa,richard 1989 Trust
Bedey G W & V C Trust
Grant Deed
—
Jul 31, 2013
—
Gary W Bedey
Bedey,vali C
Affidavit Of Death
related
—
Jul 6, 2001
—
Bedey Trust
Point Richmond Properties
Grant Deed
related
—
Jul 20, 1998
$425,000
Vali Cooper
Emic Properties
Grant Deed
$320,000 · Seller
—
—
Emic Properties
—
Deed Of Trust
related
$400,000 · Marin Community Bank
—
—
Bedey Gary W & Vali C Trust
—
Deed Of Trust
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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