Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,780,000
Apartment buildings
410 Macdonald Ave Richmond, CA 94801-2203
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2546708
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Total area
21,124 SF
Lot
0.39 ac (16,858 SF)
Zoning code
CM
APN
538-210-027-8
UPID
US09-2546708
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
-
Covered California Certified Agent - Dan Dai Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.72M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.99M
Blend (final)
Blend
$9.78M
Owner & transaction history
Eden Trinity Plaza Senior LLC · 3 yrs held
Eden Trinity Plaza Senior LLC
since 2023
Last sale
$12.5M
7 recorded transactions
Zoning & alternative use
CM · Richmond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.2M
+89.6%
Medical building
$7.7M
+57.5%
Commercial (general)
$6.0M
+22.6%
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
$13,330,000
ML approach
$9,720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,235,000
Change: +90% · Conversion: Difficult
MEDICAL BUILDING
$7,670,000
Change: +57% · Conversion: Moderate
COMMERCIAL (GENERAL)
$5,975,000
Change: +23% · Conversion: Moderate
Blend value · Realmo final
$9.78M
Range $8.80M – $10.76M · ±10% · vs last sale $12.47M (May 22 2023)
Last sale anchor
$12.47M
May 22 2023
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
$463 / 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
$122,769
Tax year 2024
Assessed value
$5,706,390
Assessed 2024
Previous assessed
$5,706,390
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$1,140,870
Assessed improvement
$4,565,520
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Units
26
Rooms
38
Total area
21,124 SF
Lot
0.39 ac (16,858 SF)
Zoning code
CM
APN
538-210-027-8
UPID
US09-2546708
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
CM · Richmond, CA
Zoning CM · permitted uses
CM · Richmond, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Richmond. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$9.2M
MEDICAL BUILDING
Est. value
$7.7M
COMMERCIAL (GENERAL)
Est. value
$6.0M
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2008
Heating
NONE
Stories
1
Units
26
Rooms
38
Lot
0.39 ac
Current owner
From public records · entity-resolved
Eden Trinity Plaza Senior LLC
Entity
Mailing address
22645 GRAND ST, HAYWARD, CA 94541-5031
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
$12,465,000
Eden Trinity Plaza Senior LLC
Macdonald Housing Partners LP
Grant Deed
$12,555,000 · Community Housing Capital INC
May 22, 2023
$50,000
Macdonald Housing Partners LP
Richmond Labor And Love Cmnty Dev C
Lease
—
Jul 15, 2008
—
Richmond Labor
Richmond Labor & Love Cmnty De
Quit Claim Deed
related
—
Jun 22, 2006
—
Richmond Community Redev Agcy
Decarvalho,reinaldo & Elivira N
Grant Deed
related
—
Sep 25, 2001
$375,000
Reinaldo Decarvalho
Rastegar,scott
Grant Deed
$275,000 · Molad Trust
Dec 14, 1999
$125,000
Scott Rastegar
Richmond Rescue Mission
Grant Deed
$105,000 · Shiloh Resource Ministries INC
Nov 17, 1994
$250,000
Mahin,j M & Mary M
Nguyen,tuan D & Michele L
Trustees Deed
—
Nov 17, 1994
—
Richmond Rescue Mission
Mahin,j M & Mary M
Trustees Deed
related
—
—
—
Reinaldo Decarvalho
—
Deed Of Trust
related
$945,000 · Far East National 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 410 Macdonald Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
