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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Apartment buildings
5049 Glenn Ave San Pablo, CA 94805-1057
Individually Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0456585
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD FRAME
Total area
4,290 SF
Lot
0.15 ac (6,534 SF)
APN
417-021-016-7
UPID
US09-0456585
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
$955k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$730k
Owner & transaction history
Carlos De Leon · 11 yrs held
Carlos De Leon
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+17.3%
Auto repair, garage
$1.1M
+7.1%
Office building
$1.1M
+2.6%
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 San Pablo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Pablo 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%
$1,035,000
6.5%
$955,000
7%
$890,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,035,000
Current use
COMMERCIAL (GENERAL)
$1,215,000
Change: +17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,110,000
Change: +7% · Conversion: Difficult
OFFICE BUILDING
$1,060,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$730k
Range $657k – $803k · ±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
$170 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,289
Tax year 2024
Assessed value
$965,539
Assessed 2024
Previous assessed
$965,539
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$283,977
Assessed improvement
$681,562
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Units
6
Rooms
6
Bathrooms
5
Total area
4,290 SF
Lot
0.15 ac (6,534 SF)
APN
417-021-016-7
UPID
US09-0456585
Jurisdiction
CONTRA COSTA
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
$1.0M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1963
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
1
Units
6
Rooms
6
Bathrooms
5
Lot
0.15 ac
Current owner
From public records · entity-resolved
Carlos De Leon
Individual
Mailing address
709 MLS AVE, SAN BRUNO, CA 94066-3602
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2015
—
Carlos De Leon
De Leon Carlos & Maria G
Quit Claim Deed
related
—
Nov 1, 2002
$680,000
Carlos De Leon
Barron,calvert
Grant Deed
$510,000 · United Commercial Bank
Dec 28, 1999
$405,000
Calvert Barron
Shih,charles G & Mai-lee
Grant Deed
$110,000 · North American Real Estate Svc
Nov 2, 1990
$405,000
Charles Shih
Lee,k.&y.
Grant Deed
$200,000 · Coast Federal Bank
—
—
Carlos De Leon
—
Deed Of Trust
related
$460,000 · Bank Of The West
—
—
Carlos Deleon
—
Deed Of Trust
related
$575,000 · United Commercial Bank
—
—
Calvert Barron
—
Deed Of Trust
related
$150,000 · Liu Trust
—
—
Calvert Barron
—
Deed Of Trust
related
$115,000 · California Savings & Loan
—
—
Calvert Barron
—
Deed Of Trust
related
$420,000 · California Savings Bank
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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