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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Residential income homes
5659 Adeline St Oakland, CA 94608-2800
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US09-8361062
Property profile
Verified
Property type
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Year built
1900
Construction
WOOD
Total area
3,074 SF
Lot
0.1 ac (4,553 SF)
APN
15-1291-3-1
UPID
US09-8361062
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
-
BurgessBlendz Barber Shop
-
Hairatage of Beauty Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$662k
Blend (final)
Blend
$535k
Owner & transaction history
Verdis Humphrey · 22 yrs held
Verdis Humphrey
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$740,000
+36.1%
Retail stores
$730,000
+34.3%
Warehouse, storage
$585,000
+7.5%
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
APARTMENT HOUSE (5+ UNITS)
$545,000
Current use
OFFICE BUILDING
$740,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$730,000
Change: +34% · Conversion: Difficult
WAREHOUSE, STORAGE
$585,000
Change: +8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$580,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$174 / 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
$20,430
Tax year 2023
Assessed value
$745,704
Assessed 2024
Previous assessed
$731,081
+2.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$223,711
Assessed improvement
$521,993
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
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
Residential income homes
Use group
BOARDING/ROOMING HOUSE
Status
Off-Market
Year built
1900
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
4
Rooms
13
Bathrooms
4
Total area
3,074 SF
Lot
0.1 ac (4,553 SF)
APN
15-1291-3-1
UPID
US09-8361062
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
$545,000
OFFICE BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$730,000
WAREHOUSE, STORAGE
Est. value
$585,000
AUTO REPAIR, GARAGE
Est. value
$580,000
APARTMENT HOUSE (5+ UNITS) 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
1900
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
4
Rooms
13
Bathrooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Verdis Humphrey
Individual
Mailing address
5659 ADELINE ST, OAKLAND, CA 94608-2800
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2004
$535,000
Verdis Humphrey
Young,harold
Grant Deed
$481,500 · New Century Mortgage
Jan 26, 2000
—
Harold Young
Young,harold L & Jessie L
Quit Claim Deed
related
$233,000 · Pacific Northwest Mortgage Svc
Nov 20, 1996
—
Vivian P Young
Young,vivian P
Quit Claim Deed
related
—
—
—
Verdis Humphrey
—
Deed Of Trust
related
$626,822 · America's Servicing Co
—
—
Vivian P Young
—
Deed Of Trust
related
$120,250 · One Stop Funding
—
—
Harold L Young
—
Deed Of Trust
related
$246,252 · Garrett Lee
—
—
Harold Young
—
Deed Of Trust
related
$299,000 · H & R Block Mortgage Co LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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