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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Assisted living facilities
700 Alhambra Ave 712 Martinez, CA 94553-1600
Entity Owned
Free & Clear
Property ID
US09-2850104
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1900
Construction
BRICK
Total area
35,969 SF
Lot
0.34 ac (15,000 SF)
APN
373-225-003-4
UPID
US09-2850104
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
$1.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.21M
Owner & transaction history
Riverhouse Hotel LP
Riverhouse Hotel LP
since 2025
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 Martinez submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Martinez 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
$1,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±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
$34 / 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
$47,968
Tax year 2024
Assessed value
$10,071,671
Assessed 2024
Previous assessed
$10,071,671
+0.0% YoY
Effective rate
0.48%
On assessed value
Assessed land
$650,127
Assessed improvement
$9,421,544
Applied tax rate
5.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1900
Construction
BRICK
Heating
NONE
Stories
1
Units
83
Rooms
83
Total area
35,969 SF
Lot
0.34 ac (15,000 SF)
APN
373-225-003-4
UPID
US09-2850104
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
1900
Construction
BRICK
Heating
NONE
Stories
1
Units
83
Rooms
83
Lot
0.34 ac
Current owner
From public records · entity-resolved
Riverhouse Hotel LP
Entity
Free & Clear · 0 yrs held
Mailing address
22645 GRAND ST, HAYWARD, CA 94541-5031
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
$16,900,000
Riverhouse Hotel LP
Riverhouse Associates
Deed
—
Nov 19, 2025
$141,000
Riverhouse Hotel LP
Eden Housing INC
Grant Deed
$29,486,014 · Cn Financing INC
Nov 19, 2025
—
Riverhouse Hotel LP
—
Deed
related
$8,708,182 · Riverhouse Associates,
Jul 16, 2025
—
Riverhouse Associates
Riverhouse Associates
Grant Deed
related
—
Apr 10, 2025
—
Riverhouse Associates
—
Deed
related
$2,000,000 · County Of Contra Costa A Political Sub
Jun 27, 1996
—
Riverhouse Associates
Housing For Independent People
Quit Claim Deed
related
—
Jan 15, 1991
$1,150,000
For Inde Housing
Hotel Company II
Grant Deed
related
—
—
—
Riverhouse Associates
—
Deed Of Trust
related
$365,285 · Martinez City
—
—
Riverhouse Associates
—
Deed Of Trust
related
$625,998 · Contra Costa County (ca)
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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