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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Investment properties
598 7th St Oakland, CA 94607-3943
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-9258334
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Construction
WOOD
Total area
6,089 SF
Lot
0.09 ac (3,750 SF)
APN
1-209-16
UPID
US09-9258334
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
-
Shoe Spot Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$830k
Owner & transaction history
Plea Partners LLC · 8 yrs held
Plea Partners LLC
since 2018
7 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 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
Blend value · Realmo final
$830k
Range $747k – $913k · ±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
$136 / 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
$13,099
Tax year 2023
Assessed value
$669,299
Assessed 2024
Previous assessed
$656,177
+2.0% YoY
Effective rate
1.96%
On assessed value
Assessed land
$195,212
Assessed improvement
$474,087
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1870
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Total area
6,089 SF
Lot
0.09 ac (3,750 SF)
APN
1-209-16
UPID
US09-9258334
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
1870
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Plea Partners LLC
Entity
Mailing address
PO BOX 19016, OAKLAND, CA 94619-0016
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2023
—
Plea Partners LLC
—
Deed
related
$650,000 · 2950 Merced Park Properties LLC
Aug 8, 2023
—
Plea Partners LLC
—
Deed
related
$1,450,000 · Velocity Commercial Capital LLC
Jun 12, 2019
—
Plea Partners LLC
—
Deed
related
$2,400,000 · California Real Prop Invs LP
Apr 16, 2018
—
Plea Partners LLC
—
Deed
related
$1,100,000 · California Real Prop Invs LP
Mar 20, 2018
—
Plea Partners LLC
Axtle,eduardo A JR
Quit Claim Deed
—
Nov 22, 2017
—
Eduardo A Axtle JR.
—
Deed
related
$1,250,000 · Travers Family Foundation
May 16, 2017
$300,000
Eduardo A Axtle JR
Ramos Family Trust
Grant Deed
—
Jul 16, 2015
—
Ramos Family Trust
Ramos Family Trust
Quit Claim Deed
related
—
Apr 11, 1995
—
Ramos Trust
Ramos,antonio P & Natividad
Quit Claim Deed
related
—
—
—
Plea Partners LLC
—
Deed Of Trust
related
$2,400,000 · California Real Prop Invs LP
—
—
Eduardo A Axtle JR.
—
Deed Of Trust
related
$1,250,000 · Travers Family Foundation
—
—
Plea Partners LLC
—
Deed Of Trust
related
$1,100,000 · California Real Prop Invs 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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