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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Apartment buildings
688 San Leandro Blvd, San Leandro, CA 94577-1558
Individually Owned
~
Est. High Equity
Property ID
US09-8477431
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
4,466 SF
Lot
0.18 ac (8,000 SF)
APN
75-182-8-6
UPID
US09-8477431
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
$1.07M
CAP Approach
CAP
$995k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Gurpreet Singh
Gurpreet Singh
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+35.3%
Office building
$1.5M
+13.6%
Auto repair, garage
$1.5M
+13.1%
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 San Leandro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Leandro 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
$1,020,000
ML approach
$1,070,000
CAP Approach
CAP Return
Estimation
6%
$1,080,000
6.5%
$995,000
7%
$925,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,305,000
Current use
MEDICAL BUILDING
$1,765,000
Change: +35% · Conversion: Moderate
OFFICE BUILDING
$1,485,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,475,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,295,000
Change: -1% · Conversion: Moderate
RETAIL STORES
$1,205,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $1.28M (May 27 2025)
Last sale anchor
$1.28M
May 27 2025
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
$253 / 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
$23,433
Tax year 2023
Assessed value
$1,393,832
Assessed 2024
Previous assessed
$1,366,509
+2.0% YoY
Effective rate
1.68%
On assessed value
Assessed land
$349,328
Assessed improvement
$1,044,504
Applied tax rate
10.0000
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
1963
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Bathrooms
6
Total area
4,466 SF
Lot
0.18 ac (8,000 SF)
APN
75-182-8-6
UPID
US09-8477431
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
$1.3M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1963
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Bathrooms
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
Gurpreet Singh
Individual
Mailing address
1171 RUDGEAR RD, WALNUT CREEK, CA 94596-6462
Ownership since
2025
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
Aug 27, 2025
—
Gurpreet Singh
Amritpal Kaur
Deed
related
$1,071,000 · Conventus LLC
Aug 27, 2025
$1,280,000
Gurpreet Singh
Ji Hyung Won
Grant Deed
$1,071,000 · Conventus LLC
Aug 25, 2022
—
Ji Hyung Won
Ji Hyung Won
Intrafamily Transfer
related
—
Aug 27, 2018
—
Ji H Won
—
Deed
related
$750,000 · Jp Morgan Chase Bk
Oct 13, 2015
$1,201,000
Ji Hyung Won
Robert Chung
Grant Deed
$244,000 · Wells Fargo Bank NA
Oct 29, 2007
$200,000
Robert Chung
Yoo,pamela
Grant Deed
related
$400,000 · Eofs Mortgage Services
Mar 13, 2000
—
Pamela Yoo
Choe,yong T
Quit Claim Deed
related
—
Jan 5, 1993
—
Francisco Sousa
Sousa,francisco
Quit Claim Deed
related
—
—
—
Francisco Sousa
—
Deed Of Trust
related
$40,000 · Individual
—
—
Pamela Yoo
—
Deed Of Trust
related
$422,500 · Interbay Funding LLC
—
—
Ji H Won
—
Deed Of Trust
related
$750,000 · Jp Morgan Chase Bk
—
—
Sousa Francisco
—
Deed Of Trust
related
$30,000 · 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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