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Property profile & analytics
OFF-MARKET
Estimated value
$4,975,000
Apartment buildings
5540 Doyle St Emeryville, CA 94608-2541
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8490977
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2007
Construction
WOOD
Total area
32,555 SF
Lot
0.28 ac (12,127 SF)
APN
49-1313-1-3
UPID
US09-8490977
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
$6.95M
Blend (final)
Blend
$4.98M
Owner & transaction history
Emeryville Homes LLC · 20 yrs held
Emeryville Homes LLC
since 2006
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.3M
+43.8%
Office building
$7.8M
+36.1%
Retail stores
$7.7M
+34.3%
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 Emeryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emeryville 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
APARTMENT HOUSE (5+ UNITS)
$5,765,000
Current use
INDUSTRIAL (GENERAL)
$8,290,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$7,845,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$7,740,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$4.98M
Range $4.48M – $5.47M · ±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
$153 / 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
$95,826
Tax year 2023
Assessed value
$7,826,317
Assessed 2024
Previous assessed
$7,156,172
+9.4% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,581,779
Assessed improvement
$6,244,538
Applied tax rate
14.0000
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
2007
Construction
WOOD
Heating
NONE
Buildings
1
Stories
3
Units
27
Rooms
82
Bathrooms
44
Total area
32,555 SF
Lot
0.28 ac (12,127 SF)
APN
49-1313-1-3
UPID
US09-8490977
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
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$8.3M
OFFICE BUILDING
Est. value
$7.8M
RETAIL STORES
Est. value
$7.7M
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
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
2007
Construction
WOOD
Heating
NONE
Stories
3
Buildings
1
Units
27
Rooms
82
Bathrooms
44
Lot
0.28 ac
Current owner
From public records · entity-resolved
Emeryville Homes LLC
Entity
Mailing address
1 N B ST STE #4000, SAN MATEO, CA 94401-3992
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
—
Icon Apartments LLC
—
Deed
related
$85,000,000 · Citibank NA
Dec 31, 2008
—
Emeryville Homes LLC
—
Deed Of Trust
related
$23,200,000 · Union Bank Of California
Oct 31, 2008
—
Emeryville Homes LLC
—
Trustees Deed
related
$23,200,000 · Union Bank Of California
Jun 5, 2006
—
Emeryville Homes LLC
Owner,record
Grant Deed
—
Nov 15, 2005
—
300 Rolling Oaks Drive
5540 Doyle Street LLC
Grant Deed
—
Oct 31, 2000
$2,000,000
5540 Odyle Street LLC
Sunrise Specially Co
Grant Deed
—
—
—
Sunrise Speciaty Co
—
Deed Of Trust
related
$850,000 · Bank Of America
—
—
Emeryville Homes LLC
—
Deed Of Trust
related
$36,000,000 · Union Bank Of California
—
—
Sunrise Specialty Co
—
Deed Of Trust
related
$645,000 · Wells Fargo Bank
—
—
1401 Park Avenue LLC
—
Deed Of Trust
related
$623,533 · Levin & Menzies Income Fund LP
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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