Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4520 San Carlos Ave Oakland, CA 94601-4754

    • Apartment buildings
    • 5,496 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimations
    $850,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6754714
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 4520 San Carlos Ave

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    5,496 SF
    Property type
    Apartment buildings
    APN
    36-2414-22
    APU
    36241422

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,004,000
      Market price range: $703k - $1.20M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $935,000
      Current use
      OFFICE BUILDING
      $1,325,000
      Change: +42% Conversion: Moderate
      RETAIL STORES
      $1,080,000
      Change: +16% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,065,000
      Change: +14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.206
    Latitude
    37.7779
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,082
    $273,074
    $750,271
    $1,023,345
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $805,000
      4,690 SF

      1701 39th Ave

      APARTMENT HOUSE (5+ UNITS) • 4,690 SF
      1701 39th Ave, Oakland, CA 94601-4173
      View Details
    • Value Estimation
      $880,000
      6,164 SF

      1827 41st Ave

      APARTMENT HOUSE (5+ UNITS) • 6,164 SF
      1827 41st Ave, Oakland, CA 94601-4179
      View Details
    • Value Estimation
      $575,000
      3,312 SF

      1620 50th Ave

      APARTMENT HOUSE (5+ UNITS) • 3,312 SF
      1620 50th Ave, Oakland, CA 94601-5242
      View Details
    • Value Estimation
      $1,280,000
      9,854 SF

      2531 26th Ave

      APARTMENT HOUSE (5+ UNITS) • 9,854 SF
      2531 26th Ave, Oakland, CA 94601-1977
      View Details
    • Value Estimation
      $1,975,000
      13,508 SF

      1723 28th Ave

      APARTMENT HOUSE (5+ UNITS) • 13,508 SF
      1723 28th Ave, Oakland, CA 94601-2462
      View Details
    • Value Estimation
      $535,000
      8,100 SF

      1515 38th Ave

      APARTMENT HOUSE (5+ UNITS) • 8,100 SF
      1515 38th Ave, Oakland, CA 94601-3550
      View Details

    Similar Nearby for Sale

    • $2,250,000

      Oakland Multifamily Investment Opportunity

      Eight-unit multifamily property near Fruitvale BART and freeways.
      3057 Blossom St, Oakland, CA 94601
      View Details
    • Contact for pricing
      11,928 SF

      Oakland Multifamily Investment Opportunity

      18-unit apartment complex in Oakland's Bartlett/Allendale neighborhood.
      2550 35Th Ave, Oakland, CA 94601
      View Details
    • $699,000

      Oakland Multifamily Property For Sale

      Corner building with 10 units, fully occupied, near amenities.
      1718 High St, Oakland, CA 94601
      View Details
    • $885,000

      Oakland Multifamily Investment Opportunity

      Multifamily property with coin laundry, convenient location, and separately metered.
      3234 E 27Th St, Oakland, CA 94601
      View Details
    • $2,950,000

      Oakland Multifamily Investment Opportunity

      30-unit multifamily property in Fruitvale district with development potential.
      1620 Fruitvale Ave, Oakland, CA 94601
      View Details
    • $2,000,000

      Mixed-Use Building in Fruitvale District

      Income-producing mixed-use building with commercial, residential, and advertising income.
      3701 International Blvd, Oakland, CA 94601
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Oakland Industrial Site for Lease

      Industrial site with multiple access points and loading positions.
      450-470 Howard St, Oakland, CA 94601
      View Details
    • Contact for pricing

      Prime Commercial Space in Fruitvale

      Prime location, high foot traffic, great visibility.
      3017 Foothill Blvd, Oakland, CA 94601
      View Details
    • Contact for pricing
      52,744 SF

      Oakland Warehouse with Yard

      Up to 52,744 SF warehouse with excellent I-880 access.
      400 Lancaster St, Oakland, CA 94601
      View Details
    • $15,000 /Mo

      Oakland Commercial Property Near BART

      Commercial property with showroom, workshop, and parking near BART.
      3418 San Leandro St, Oakland, CA 94601
      View Details
    • Contact for pricing
      3,500 SF

      Oakland Retail Space For Rent

      3,500 SF retail space with storage and parking.
      4030 International Blvd, Oakland, CA 94601
      View Details
    • Contact for pricing
      10,489 SF

      Retail Space with Freeway Exposure

      Retail spaces available with high freeway exposure and convenient access.
      3000-3050 E 9Th St, Oakland, CA 94601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4520 San Carlos Ave
    Oakland, CA 94601-4754
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!