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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Apartment buildings
601 Madrone Ave Pinole, CA 94564-1954
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2691121
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD FRAME
Total area
4,446 SF
Lot
0.27 ac (11,700 SF)
APN
402-023-004-3
UPID
US09-2691121
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
$708k
Blend (final)
Blend
$540k
Owner & transaction history
Lake,jamie Trust · 11 yrs held
Lake,jamie Trust
since 2015
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 Pinole submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pinole 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
$540k
Range $486k – $594k · ±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
$121 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,554
Tax year 2024
Assessed value
$469,616
Assessed 2024
Previous assessed
$469,616
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$156,535
Assessed improvement
$313,081
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1965
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Rooms
6
Total area
4,446 SF
Lot
0.27 ac (11,700 SF)
APN
402-023-004-3
UPID
US09-2691121
Jurisdiction
CONTRA COSTA
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
1965
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
6
Rooms
6
Lot
0.27 ac
Current owner
From public records · entity-resolved
Lake,jamie Trust
Trust
Free & Clear · 11 yrs held
Mailing address
832 POMONA AVE, ALBANY, CA 94706-1863
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 11, 2015
—
Lake,jamie Trust
Lake Jamie
Quit Claim Deed
related
—
Mar 12, 2013
—
Jamie Lake
Birnbaum Of Lake Family Trust
Quit Claim Deed
related
—
Mar 7, 2012
—
Birnbaum Of Lake Family Trust
Lake,jamie
Quit Claim Deed
related
—
Oct 15, 2001
—
Jamie Lake
Birnbaum,dara & Jamie
Grant Deed
$320,000 · World Savings Bank
Sep 8, 1997
—
Dara Birnbaum
Henry Philippart De Foy Estate
Grant Deed
related
—
May 14, 1993
$291,500
Henry Defoy
Naylor,b./louren
Grant Deed
related
—
Aug 4, 1992
$59,000
Eulalie Lourenco
Degennaro,gary
Grant Deed
related
—
Jul 31, 1990
$11,000
Eulalie Lourenco
Dasilva,j.&m.
Grant Deed
related
—
Dec 29, 1989
$350,000
John Silva
Lourenco,e.
Grant Deed
$263,000 · Bay View Federal Bank
Mar 21, 1988
$107,000
Eulalie Lourenco
The M
Grant Deed
related
—
—
—
Henry Defoy
—
Deed Of Trust
related
$47,000 · Spre Company
—
—
Eulalie Lourenco
—
Deed Of Trust
related
$15,000 · 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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