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Property profile & analytics
OFF-MARKET
Estimated value
$15,040,000
Apartment buildings
605 Orch Ave Hayward, CA 94544-2060
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US09-7411874
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
124,320 SF
Lot
6.24 ac (271,700 SF)
APN
444-54-54-1
UPID
US09-7411874
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 Orchard Apartment Complex
-
Wet Pets Pond & Aquarium L.L.C. Aquarium
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.53M
Blend (final)
Blend
$15.04M
Owner & transaction history
Park Orchard Associates LP · 16 yrs held
Park Orchard Associates LP
since 2010
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 Hayward submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hayward 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
$15.04M
Range $13.54M – $16.54M · ±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 2023Property tax & assessments
Tax year 2023
Tax billed
$69,673
Tax year 2023
Assessed value
$4,773,598
Assessed 2024
Previous assessed
$4,662,444
+2.4% YoY
Effective rate
1.46%
On assessed value
Assessed land
$2,177,118
Assessed improvement
$2,596,480
Applied tax rate
25.0000
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
1964
Construction
WOOD
Heating
NONE
Buildings
18
Stories
2
Units
150
Rooms
237
Bathrooms
166
Total area
124,320 SF
Lot
6.24 ac (271,700 SF)
APN
444-54-54-1
UPID
US09-7411874
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
1964
Construction
WOOD
Heating
NONE
Stories
2
Buildings
18
Units
150
Rooms
237
Bathrooms
166
Lot
6.24 ac
Current owner
From public records · entity-resolved
Park Orchard Associates LP
Entity
Mailing address
1290 B ST STE #212, HAYWARD, CA 94541-2996
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
—
Park Orchard Associates LP
—
Deed
related
$10,731,000 · Bellwether Ent Mtg Invs LLC
Feb 25, 2010
—
Park Orchard Associates LP
Felson,howard K
Grant Deed
—
Dec 30, 2008
—
Howard K Felson
Felson S & P Trust
Quit Claim Deed
related
—
Dec 29, 2008
—
Felson S & P Trust
Park Orchard Associates
Grant Deed
—
Sep 4, 1997
$13,000
Park Orchard Associates LP
Ungar Trust
Trustees Deed
—
Sep 4, 1997
$1,091,000
Park Orchard Associates LP
Felson Trust
Trustees Deed
—
Sep 4, 1997
$545,500
Park Orchard Associates LP
Ungar,donald
Grant Deed
—
Sep 4, 1997
$30,000
Park Orchard Associates LP
Felson Trust
Grant Deed
—
Sep 4, 1997
$14,000
B Street Associates LLC
Felson Trust
Trustees Deed
—
Sep 4, 1997
$55,000
Park Orchard Associates LP
B Street Associates LLC
Trustees Deed
—
Sep 4, 1997
$28,000
Park Orchard Associates LP
Ungar Trust
Trustees Deed
—
Sep 4, 1997
—
B Street Associates LLC
Felson Trust
Trustees Deed
related
—
Aug 3, 1992
—
Donald L Ungar Trust
Ungar Donald L T
Quit Claim Deed
related
—
—
—
Park Orchard Associates LP
—
Deed Of Trust
related
$10,731,000 · Bellwether Ent Mtg Invs LLC
—
—
Park Orchard Associates LP
—
Deed Of Trust
related
$9,394,000 · Beech Street Capital 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.
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