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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Office buildings
4844 Telegraph Ave Oakland, CA 94609-2010
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-8387761
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
TILT-UP CONCRETE
Total area
9,311 SF
Lot
0.42 ac (18,300 SF)
APN
13-1151-20-1
UPID
US09-8387761
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
-
The Lapham Company Property Management Property Management Company
-
APT Maintenance Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.05M
Comparable Approach
Comparable
$2.42M
Blend (final)
Blend
$2.03M
Owner & transaction history
The Jon M Shahoian & Jerilyn M Shah · 10 yrs held
The Jon M Shahoian & Jerilyn M Shah
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+49.4%
Medical building
$3.1M
+39.5%
Industrial (general)
$2.7M
+19.8%
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 Oakland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oakland 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%
$2,220,000
6.5%
$2,050,000
7%
$1,900,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,245,000
Current use
RESTAURANT
$3,350,000
Change: +49% · Conversion: Moderate
MEDICAL BUILDING
$3,130,000
Change: +39% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,690,000
Change: +20% · Conversion: Difficult
RETAIL STORES
$2,215,000
Change: -1% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,115,000
Change: -6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,005,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±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
$218 / 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
$51,008
Tax year 2023
Assessed value
$3,188,155
Assessed 2024
Previous assessed
$3,125,657
+2.0% YoY
Effective rate
1.60%
On assessed value
Assessed land
$1,674,987
Assessed improvement
$1,513,168
Applied tax rate
17.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
1
Stories
2
Bathrooms
1
Total area
9,311 SF
Lot
0.42 ac (18,300 SF)
APN
13-1151-20-1
UPID
US09-8387761
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
OFFICE BUILDING Current
Est. value
$2.2M
RESTAURANT
Est. value
$3.4M
MEDICAL BUILDING
Est. value
$3.1M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING Current
RESTAURANT
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
RETAIL STORES
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1970
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
1
Bathrooms
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
The Jon M Shahoian & Jerilyn M Shah
Individual
Mailing address
4844 TELEGRAPH AVE, OAKLAND, CA 94609-2010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2020
—
Jon M Shahoian
—
Deed
related
$500,000 · First Republic Bank
Dec 8, 2015
$1,748,500
The Jon M Shahoian & Jerilyn M Shah
Jacqueline O Jackson
Grant Deed
$1,334,639 · First Republic Bank
Dec 8, 2015
—
Marie B Shahoian
Shahoian,jack A
Affidavit Of Death
related
—
Feb 19, 2015
—
Jackson,jacqueline Trust
Jackson Jacqueline O
Quit Claim Deed
related
—
Dec 29, 2014
—
Jacqueline O Jackson
Oliveri Larry Trust
Quit Claim Deed
related
—
Jun 27, 2013
—
Jackson,jacqueline Trust
Jackson,jacqueline O
Quit Claim Deed
related
—
Jun 19, 2013
—
Oliveri,larry Trust
Oliveri,laurence D
Quit Claim Deed
related
—
Jun 13, 2013
—
Jacqueline O Jackson
Oliveri Jack Trust
Quit Claim Deed
related
—
May 25, 2005
—
Oliveri Larry Trust
Oliveri,laurence D
Quit Claim Deed
related
—
Jan 12, 2005
$2,038,500
Jack Oliveri
Revx-252 INC
Grant Deed
—
Nov 30, 2004
$1,700,000
Revx-252 INC
Golden State Mutual Life Ins
Grant Deed
$2,083,696 · Lawyers Asset Management
Dec 12, 1967
—
Golden State Mutual Life Ins Co
—
Grant Deed
related
—
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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