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Property profile & analytics
OFF-MARKET
Estimated value
$22,835,000
Apartment buildings
5650 Owens Dr Pleasanton, CA 94588-3006
Individually Owned
6-yr Hold
Free & Clear
Property ID
US09-6913328
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2000
Construction
WOOD
Total area
713,970 SF
Lot
23.48 ac (1,022,963 SF)
APN
941-2779-10
UPID
US09-6913328
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
-
Park Hacienda Apartments Apartment Complex Apartment Building
-
Park Hacienda Leasing Office Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.84M
Owner & transaction history
Tishman Speyer Archstone-smith · 6 yrs held
Tishman Speyer Archstone-smith
since 2020
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pleasanton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pleasanton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$32 / 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
$3,131,204
Tax year 2023
Assessed value
$268,485,759
Assessed 2024
Previous assessed
$263,133,918
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$52,108,434
Assessed improvement
$216,377,325
Applied tax rate
19.0000
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
2000
Construction
WOOD
Heating
NONE
Buildings
26
Stories
3
Units
540
Bathrooms
912
Total area
713,970 SF
Lot
23.48 ac (1,022,963 SF)
APN
941-2779-10
UPID
US09-6913328
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
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
NONE
Stories
3
Buildings
26
Units
540
Bathrooms
912
Lot
23.48 ac
Current owner
From public records · entity-resolved
Tishman Speyer Archstone-smith
Individual
Free & Clear · 6 yrs held
Mailing address
101 S ELLSWORTH AVE STE #300, SAN MATEO, CA 94401-3957
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2020
$248,000,000
Tishman Speyer Archstone-smith
Archstone Hacienda LLC
Grant Deed
—
Mar 5, 2020
—
Oak Owens 20172020 LLC
—
Deed
related
$161,525 · Walker & Dunlop
Oct 16, 2007
—
Tishman Speyer Archstone Smith Haci
Archstone Smith Operating Trust
Grant Deed
—
Nov 20, 1997
—
Security Capital Pacific Trust
Prudential Insurance Of Americ
Grant Deed
related
—
—
—
Oak Owens 20172020 LLC
—
Deed Of Trust
related
$161,525 · Walker & Dunlop
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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