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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Investment properties
5324 College Ave Oakland, CA 94618-1448
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-8354264
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1921
Construction
WOOD
Total area
3,970 SF
Lot
0.04 ac (1,684 SF)
APN
14-1249-55
UPID
US09-8354264
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
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Hosein S Bavafa · 9 yrs held
Hosein S Bavafa
since 2017
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$955,000
+9.3%
Retail stores
$945,000
+7.9%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Current use
OFFICE BUILDING
$955,000
Change: +9% · Conversion: Easy
RETAIL STORES
$945,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$755,000
Change: -14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$745,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$162 / 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
$16,092
Tax year 2023
Assessed value
$1,060,030
Assessed 2024
Previous assessed
$1,039,246
+2.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$316,868
Assessed improvement
$743,162
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
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
8
Rooms
14
Bathrooms
7
Total area
3,970 SF
Lot
0.04 ac (1,684 SF)
APN
14-1249-55
UPID
US09-8354264
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
COMMERCIAL (GENERAL) Current
Est. value
$875,000
OFFICE BUILDING
Est. value
$955,000
RETAIL STORES
Est. value
$945,000
WAREHOUSE, STORAGE
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$745,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1921
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
8
Rooms
14
Bathrooms
7
Lot
0.04 ac
Current owner
From public records · entity-resolved
Hosein S Bavafa
Individual
Mailing address
24 SPY GLASS HL, OAKLAND, CA 94618-2308
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2017
$1,225,000
Hosein S Bavafa
Shatkin,rosetta
Grant Deed
—
Jun 28, 2016
—
Rosetta Shatkin
Favors,john H
Quit Claim Deed
related
—
Jul 31, 2012
—
John Favors
Favors,john H
Quit Claim Deed
related
—
Sep 8, 1999
—
Hosein S Bavafa
—
Grant Deed
related
$575,000 · Tehama Bank
Oct 28, 1998
$380,000
Hosein S Bavafa
Agnes A Binneweg Estate
Grant Deed
$480,000 · Mission National Bank
—
—
Hosein S Bavafa
—
Deed Of Trust
related
$570,000 · Washington Mutual Fsb
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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