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Financial
Distress signals
Property profile

605 San Pablo Ave Albany, CA 94706

FOR SALE
Other apartment buildings
Property ID
US09-7490878
4,323 SF 0.11 ac lot Built 1960
Last sale Jun 2021 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

605 San Pablo Avenue is a 10-unit multifamily property in Albany with a unit mix of ten 1-bedroom, 1-bathroom homes. The property includes on-site parking, on-site laundry facilities, and perimeter fencing. It is located in an area offering pedestrian connectivity to El Cerrito and Berkeley, with proximity to El Cerrito Plaza and less than half a mile to El Cerrito BART Station. The property is also within walking distance of retail, dining, and neighborhood amenities along Solano Avenue and El…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value · 2024$2.44M
Assessed land$743k
Assessed improvement$1.69M
Effective rate2.02%

Value estimate

· Oct 2026
$995k
$896k – $1.09M
CAP approach$1.32M
NOI build-up
Gross scheduled income$131k
Vacancy & credit loss−$6k
Operating expenses−$56k
NOI · 2.53% cap applied$69k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$320/SF
Submarket average, outlier-cleaned · 280 recorded sales of this use type
Observed band · Q1–Q3$184 – $444
Qualifying comparables13

Cap rate analysis

How does the asset earn?
2.53%
$69k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionALAMEDA

Location intelligence

Which uses thrive at this corner?
Best fit: Barber Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Barber Shop10.6
Parking Facility10.4
Electrical Service10.4

Location

605 San Pablo Ave Albany, CA 94706
County assessor Recorded deeds · 3 transfers 13 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
825 Kains, Albany, CA 94706-1649 $1,800,000 Dec 2025 4,028 SF
1121 Portland, Albany, CA 94706-1621 $1,010,000 Aug 2022 4,376 SF
632 Stannage, Albany, CA 94706-1235 $1,050,000 Aug 2022 3,634 SF
1122 Brighton, Albany, CA 94706-1238 $1,600,000 May 2022 4,960 SF
835 Cornell, Albany, CA 94706-1747 $3,250,000 Feb 2021 4,620 SF
737 Adams, Albany, CA 94706-1141 $535,000 May 2020 3,802 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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