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Property profile & analytics
OFF-MARKET
Estimated value
$3,215,000
Apartment buildings
46th St Emeryville, CA 94608
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-9308873
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1922
Construction
TILT-UP CONCRETE
Total area
61,362 SF
Lot
0.74 ac (32,164 SF)
APN
49-1173-4
UPID
US09-9308873
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$3.22M
Owner & transaction history
Bakery Lofts Del LLC · 6 yrs held
Bakery Lofts Del LLC
since 2020
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.22M
Range $2.89M – $3.54M · ±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
$52 / 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
$112,736
Tax year 2023
Assessed value
$7,847,001
Assessed 2024
Previous assessed
$7,690,872
+2.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$593,239
Assessed improvement
$7,253,762
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
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
4
Units
57
Bathrooms
63
Total area
61,362 SF
Lot
0.74 ac (32,164 SF)
APN
49-1173-4
UPID
US09-9308873
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
Building & site characteristics
From public records
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Buildings
2
Units
57
Bathrooms
63
Lot
0.74 ac
Current owner
From public records · entity-resolved
Bakery Lofts Del LLC
Entity
Mailing address
155 GRAND AVE STE #950, OAKLAND, CA 94612-3819
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2020
—
Bakery Lofts Del LLC
—
Deed
related
$14,300,000 · Column Financial INC
Jan 23, 2020
—
Bakery Lofts Del LLC
Bakery Lofts LLC
Quit Claim Deed
related
—
Nov 4, 2011
—
Bakery Lofts LLC
—
Deed Of Trust
related
$2,400,000 · Summit Bank
Jul 1, 2009
—
Bakery Lofts LLC
—
Deed Of Trust
related
$2,000,000 · Summit Bank
Apr 30, 2004
—
Bakery Lofts LLC
—
Deed Of Trust
related
$6,781,500 · American Property Financing
Feb 25, 2004
—
Bakery Lofts LLC
Nextel Of California INC
Quit Claim Deed
related
—
Jan 30, 2001
—
Bakery Lofts LLC
Wayne Avenue Partners
Grant Deed
related
—
—
—
Bakery Lofts LLC
—
Deed Of Trust
related
$250,000 · Redevelopment Agency Emeryvill
—
—
Bakery Lofts LLC
—
Deed Of Trust
related
$2,700,000 · Summit Bank
—
—
Bakery Lofts LLC
—
Deed Of Trust
related
$1,500,000 · Wells Fargo Bk
—
—
Wayne Avenue Partners
—
Deed Of Trust
related
$1,400,000 · Cascade Acceptance
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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