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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Apartment buildings
412 Bissell Ave Richmond, CA 94801-3043
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1866238
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1913
Construction
WOOD FRAME
Total area
6,700 SF
Lot
0.13 ac (5,625 SF)
APN
538-310-002-0
UPID
US09-1866238
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
$1.23M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.21M
Owner & transaction history
Lion Share Investments LLC · 4 yrs held
Lion Share Investments LLC
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+22.6%
Auto repair, garage
$1.7M
+12.0%
Office building
$1.7M
+7.3%
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
$1,240,000
ML approach
$1,225,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,385,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,545,000
Current use
COMMERCIAL (GENERAL)
$1,895,000
Change: +23% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,730,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,655,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10% · vs last sale $1.19M (Mar 2 2022)
Last sale anchor
$1.19M
Mar 2 2022
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
$181 / 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
$24,930
Tax year 2024
Assessed value
$1,237,164
Assessed 2024
Previous assessed
$1,237,164
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$624,240
Assessed improvement
$612,924
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
1913
Construction
WOOD FRAME
Heating
RADIANT
Buildings
3
Stories
1
Units
7
Rooms
5
Bathrooms
3
Total area
6,700 SF
Lot
0.13 ac (5,625 SF)
APN
538-310-002-0
UPID
US09-1866238
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1913
Construction
WOOD FRAME
Heating
RADIANT
Stories
1
Buildings
3
Units
7
Rooms
5
Bathrooms
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Lion Share Investments LLC
Entity
Mailing address
1284 TOURNEY DR, SAN JOSE, CA 95131-2853
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 2, 2022
$1,185,000
Lion Share Investments LLC
Ben Lanyadoo
Grant Deed
—
Jun 28, 2019
$1,065,000
Ben Lanyadoo
Ex Capital LLC
Grant Deed
$550,000 · Axos Bank
Mar 3, 2017
$999,000
Ek Capital LLC
3re2 LLC
Grant Deed
$640,000 · Provident Savings Bank
Jun 30, 2014
$655,000
3re2 LLC
Green Element LLC
Grant Deed
—
May 16, 2014
—
Solomon Gorlick
Green Element LLC
Quit Claim Deed
—
Mar 1, 2012
$215,000
Green Element LLC
Us Bank NA Series 2007-3
Grant Deed
$215,000 · Bucho Family Trust (pt)
Oct 12, 2010
$383,000
Lehman Brothers Series 2007-3
Fidelity Natl Title Co
Trustees Deed
related
—
Sep 28, 2009
—
John C Pecot
Pecot,elaine S
Affidavit Of Death
related
—
Feb 1, 2007
—
Elaine S Pecot
Pecot Elaine S Trust
Quit Claim Deed
related
$400,000 · Greenpoint Mortgage Funding
Apr 13, 2000
—
Pecot Trust
Pecot,elaine S
Quit Claim Deed
related
—
Nov 4, 1983
—
Owner Name Unavailable
—
Grant Deed
related
—
Apr 1, 1980
$75,000
—
—
Grant Deed
related
—
—
—
Green Element LLC
—
Deed Of Trust
related
$164,000 · Kenneth M Bucho
—
—
Elaine S Pecot
—
Deed Of Trust
related
$120,000 · Beneficial California INC
—
—
3re2 LLC
—
Deed Of Trust
related
$405,000 · Bank Of The West
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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