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Property profile & analytics
OFF-MARKET
Estimated value
$7,995,000
Apartment buildings
502 Berry Ave Hayward, CA 94544-2464
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-6946143
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
23,400 SF
Lot
1.03 ac (44,700 SF)
APN
444-54-45-1
UPID
US09-6946143
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
-
Berry Gardens Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.00M
CAP Approach
CAP
$6.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.00M
Owner & transaction history
Ryan Alexandra London · 1 yrs held
Ryan Alexandra London
since 2025
Last sale
$8.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.5M
+82.3%
Neighborhood: shopping center
$9.9M
+57.5%
Auto repair, garage
$8.7M
+37.1%
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 Hayward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayward 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
$7,890,000
ML approach
$7,995,000
CAP Approach
CAP Return
Estimation
6%
$7,565,000
6.5%
$6,985,000
7%
$6,485,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,310,000
Current use
RESTAURANT
$11,505,000
Change: +82% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$9,940,000
Change: +58% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,655,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$6,780,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,435,000
Change: +2% · Conversion: Moderate
MEDICAL BUILDING
$6,240,000
Change: -1% · Conversion: Moderate
OFFICE BUILDING
$6,050,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$8.00M
Range $7.20M – $8.79M · ±10% · vs last sale $8.56M (May 9 2025)
Last sale anchor
$8.56M
May 9 2025
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
$342 / 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
$33,067
Tax year 2023
Assessed value
$2,556,236
Assessed 2024
Previous assessed
$2,505,162
+2.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,033,350
Assessed improvement
$1,522,886
Applied tax rate
25.0000
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
1959
Construction
WOOD
Heating
NONE
Buildings
4
Stories
2
Units
32
Rooms
136
Bathrooms
32
Total area
23,400 SF
Lot
1.03 ac (44,700 SF)
APN
444-54-45-1
UPID
US09-6946143
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$6.3M
RESTAURANT
Est. value
$11.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.9M
AUTO REPAIR, GARAGE
Est. value
$8.7M
RETAIL STORES
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$6.2M
OFFICE BUILDING
Est. value
$6.1M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1959
Construction
WOOD
Heating
NONE
Stories
2
Buildings
4
Units
32
Rooms
136
Bathrooms
32
Lot
1.03 ac
Current owner
From public records · entity-resolved
Ryan Alexandra London
Individual
Mailing address
154 CANAL ST #201, SAN RAFAEL, CA 94901-4367
Ownership since
2025
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
May 9, 2025
—
Ryan Alexandra London
Robert William Henricksen
Quitclaim Deed
related
—
May 9, 2025
$8,556,000
Salwan Rajneesh
Alan Greenwald
Grant Deed
$5,000,000 · Fremont Bank
Dec 8, 2022
—
Pamela Blinn
Berry Two
Intrafamily Transfer
related
—
Oct 16, 2020
—
Berry Two
—
Deed
related
$100,000 · Bank Of Marin
Nov 20, 1992
$1,500,000
Two LP Berry
Wu,h.&j./wu J.
Grant Deed
$1,450,000 · Sumitomo Bank
—
—
Samco Auxiliary Corporation
—
Deed Of Trust
related
$1,450,000 · Savings Associations Mortgage
—
—
Berry Two
—
Deed Of Trust
related
$95,000 · Individual
—
—
Berry Two
—
Deed Of Trust
related
$50,000 · Individual
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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