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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Investment properties
4048 Piedmont Ave Oakland, CA 94611-5209
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-9251548
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Construction
WOOD
Total area
9,620 SF
Lot
0.07 ac (3,000 SF)
APN
12-987-4
UPID
US09-9251548
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
-
Surprise (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$1.56M
Owner & transaction history
Brannan LLC · 9 yrs held
Brannan LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.3M
+9.3%
Retail stores
$2.3M
+7.9%
Apartment house (5+ units)
$2.2M
+3.1%
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
COMMERCIAL (GENERAL)
$2,120,000
Current use
OFFICE BUILDING
$2,320,000
Change: +9% · Conversion: Easy
RETAIL STORES
$2,290,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,185,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$162 / 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
$35,625
Tax year 2023
Assessed value
$2,442,072
Assessed 2024
Previous assessed
$2,394,205
+2.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$340,754
Assessed improvement
$2,101,318
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
1931
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
13
Total area
9,620 SF
Lot
0.07 ac (3,000 SF)
APN
12-987-4
UPID
US09-9251548
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
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1931
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
13
Lot
0.07 ac
Current owner
From public records · entity-resolved
Brannan LLC
Entity
Mailing address
PO BOX 14517, SAN FRANCISCO, CA 94114-0517
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2017
—
Brannan LLC
Brannan LLC
Intrafamily Transfer
related
$1,500,000 · Jpmorgan Chase Bank NA
Nov 4, 2013
—
Brannan LLC
Langley Paul D 2003 Trust
Quit Claim Deed
—
Jul 15, 2011
—
Langley Paul D 2003 Trust
Brannan LLC
Grant Deed
—
Jun 23, 2004
—
Brannan LLC
Langley,tr
Grant Deed
related
—
Jan 15, 2003
$1,720,000
Langley,tr
Prana Fund Six LP
Grant Deed
$1,000,000 · World Savings Bank
Mar 1, 2001
$1,300,000
Prana Fund Six LP
Siler-butler Trust
Grant Deed
related
$910,000 · Washington Mutual Fsb
Jun 22, 1998
—
Siler Trust
Siler,susan B
Quit Claim Deed
related
—
Aug 18, 1995
—
Susan B Siler
Siler,james G
Quit Claim Deed
related
—
Sep 30, 1994
$127,000
Siler Trust
Oas,stephen B & Joan E
Grant Deed
related
—
May 3, 1994
—
Siler Trust
Siler,james G &
Quit Claim Deed
related
—
Mar 10, 1994
—
Stephen Oas
Oas,stephen B &
Quit Claim Deed
related
$520,000 · Home Savings Of America
Aug 10, 1988
$810,000
Stephen&joan Oas
Peterson.a.&s./p
Grant Deed
$410,000 · Continental Savings Of America
—
—
Siler J.
—
Deed Of Trust
related
$11,000 · Individual
—
—
Langley Paul D 2003 Trust
—
Deed Of Trust
related
$1,160,000 · J P Morgan Chase Bank
—
—
Brannan LLC
—
Deed Of Trust
related
$1,150,000 · Washington Mutual Fsb
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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