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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Apartment buildings
4327 Essex St Emeryville, CA 94608-3321
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6563251
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1898
Construction
WOOD
Total area
2,555 SF
Lot
0.08 ac (3,600 SF)
APN
49-1080-4
UPID
US09-6563251
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
$1.11M
CAP Approach
CAP
$830k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
Cp1 Essex St Holdings LLC · 5 yrs held
Cp1 Essex St Holdings LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+166.6%
Neighborhood: shopping center
$1.1M
+139.9%
Medical building
$860,000
+89.8%
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 Emeryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emeryville 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
$1,150,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
$900,000
6.5%
$830,000
7%
$770,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,205,000
Change: +167% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,085,000
Change: +140% · Conversion: Difficult
MEDICAL BUILDING
$860,000
Change: +90% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.22M (Jun 29 2021)
Last sale anchor
$1.22M
Jun 29 2021
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
$460 / 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
$16,875
Tax year 2023
Assessed value
$1,326,691
Assessed 2024
Previous assessed
$1,266,687
+4.7% YoY
Effective rate
1.27%
On assessed value
Assessed land
$392,644
Assessed improvement
$934,047
Applied tax rate
14.0000
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
1898
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Rooms
11
Bathrooms
5
Total area
2,555 SF
Lot
0.08 ac (3,600 SF)
APN
49-1080-4
UPID
US09-6563251
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)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$860,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL 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
1898
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Rooms
11
Bathrooms
5
Lot
0.08 ac
Current owner
From public records · entity-resolved
Cp1 Essex St Holdings LLC
Entity
Mailing address
PO BOX 898, BOLINAS, CA 94924-0898
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
—
Cp1 Essex St Holdings LLC
—
Deed
related
$1,070,000 · First Foundation Bank
Jun 29, 2021
$1,220,000
Cp1 Essex St Holdings LLC
Kenneth Kalman
Grant Deed
$793,000 · Security Financial Services
Jul 31, 2017
—
Kalman,kenneth & B R 1994 Trust
Kalman,kenneth M
Quit Claim Deed
related
—
Sep 3, 2010
$410,000
Kenneth M Kalman
Howlee Of Segesta Trust
Grant Deed
$266,500 · Howlett/segesta Trust
Apr 5, 2006
—
Howlett Of Segesta Trust
Segesta,william
Quit Claim Deed
related
—
May 28, 1981
$55,500
William|howlett Sally E Segesta
—
Grant Deed
related
$27,500
Oct 1, 1977
$35,000
—
—
Grant Deed
related
—
—
—
Kenneth M Kalman
—
Deed Of Trust
related
$315,000 · Bank Of Internet USA
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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