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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Apartment buildings
541 Simon St Hayward, CA 94541-3925
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-7963237
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1950
Construction
WOOD
Total area
4,861 SF
Lot
0.47 ac (20,427 SF)
APN
428-41-42
UPID
US09-7963237
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
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$915k
Owner & transaction history
Fayez E Abboud · 1 yrs held
Fayez E Abboud
since 2024
Last sale
$915,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+17.3%
Retail stores
$1.3M
+12.3%
Medical building
$1.3M
+10.6%
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 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
$915,000
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,170,000
Current use
COMMERCIAL (GENERAL)
$1,375,000
Change: +17% · Conversion: Moderate
RETAIL STORES
$1,315,000
Change: +12% · Conversion: Difficult
MEDICAL BUILDING
$1,295,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$1,195,000
Change: +2% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,010,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $915k (Sep 26 2024)
Last sale anchor
$915k
Sep 26 2024
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
$188 / 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
$16,164
Tax year 2023
Assessed value
$1,299,126
Assessed 2024
Previous assessed
$1,273,661
+2.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$425,943
Assessed improvement
$873,183
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
1950
Construction
WOOD
Heating
NONE
Buildings
6
Stories
1
Units
6
Rooms
25
Bathrooms
7
Total area
4,861 SF
Lot
0.47 ac (20,427 SF)
APN
428-41-42
UPID
US09-7963237
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
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1950
Construction
WOOD
Heating
NONE
Stories
1
Buildings
6
Units
6
Rooms
25
Bathrooms
7
Lot
0.47 ac
Current owner
From public records · entity-resolved
Fayez E Abboud
Individual
Mailing address
PO BOX 3975, HAYWARD, CA 94540-3975
Ownership since
2024
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
Sep 26, 2024
—
Fayez E Abboud
Fayez E Abboud
Deed
related
$900,000 · Safe Cu
Jan 26, 2015
—
Abboud Family Trust
Abboud,fayez E & Rima F
Quit Claim Deed
related
—
Jan 31, 2014
—
Fayez E Abboud
Fayez Abboud
Intrafamily Transfer
related
$650,000 · Union Bank NA
Aug 13, 2002
$915,000
Fayez Abboud
Ianziti,tr
Grant Deed
$600,000 · Washington Mutual Fsb
Sep 13, 2001
—
Gardin,tr
Gradin,barbara D
Grant Deed
related
—
May 13, 1994
—
Barbara D Gradin
Gradin,george
Quit Claim Deed
related
$185,000 · San Francisco Federal S & L
Jul 27, 1992
—
Michael&merle Fajans Trust
Fajans,m.&m.
Quit Claim Deed
related
—
Oct 11, 1991
$375,000
Prasad Lakireddy
Frediani,l./bore
Grant Deed
$175,000 · 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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