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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Apartment buildings
8 Sapone Ln 10 Bay Point, CA 94565-3326
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2511477
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1941
Total area
2,748 SF
Lot
0.33 ac (14,250 SF)
Zoning code
P-1
APN
095-022-014-5
UPID
US09-2511477
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
$670k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
West 5th LLC · 3 yrs held
West 5th LLC
since 2023
7 recorded transactions
Zoning & alternative use
P-1 · Bay Point, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$730,000
+10.5%
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 Bay Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bay Point 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%
$730,000
6.5%
$670,000
7%
$625,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$660,000
Current use
AUTO REPAIR, GARAGE
$730,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$186 / 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
$13,205
Tax year 2024
Assessed value
$801,212
Assessed 2024
Previous assessed
$801,212
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$530,604
Assessed improvement
$270,608
Applied tax rate
79.0000
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
1941
Heating
NONE
Buildings
4
Stories
1
Units
6
Rooms
6
Total area
2,748 SF
Lot
0.33 ac (14,250 SF)
Zoning code
P-1
APN
095-022-014-5
UPID
US09-2511477
Jurisdiction
CONTRA COSTA
Metro division
OAKLAND-FREMONT-HAYWARD, CA METROPOLITAN DIVISION
Zoning & alternative use
P-1 · Bay Point, CAZoning P-1 · permitted uses
P-1 · Bay Point, CA
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
$660,000
AUTO REPAIR, GARAGE
Est. value
$730,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1941
Heating
NONE
Stories
1
Buildings
4
Units
6
Rooms
6
Lot
0.33 ac
Current owner
From public records · entity-resolved
West 5th LLC
Entity
Mailing address
4516 BIGHORN CT, ANTIOCH, CA 94509-8915
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2023
—
West 5th LLC
Koroush Akhaven Saraf
Grant Deed
$820,000 · Provident Savings Bank
Feb 9, 2021
$1,555,000
Koroush Akhaven Saraf
Craig H Hertz
Grant Deed
$500,000 · Koroush Saraf
Feb 9, 2021
—
Koroush Saraf
Sharareh Sadati
Intrafamily Transfer
related
$950,000 · The Mancini Living Trust
Nov 29, 2001
$569,000
Craig H Hertz
Mcardle Trust
Grant Deed
$167,756 · Mcardle Trust
Nov 29, 2001
—
Craig H Hertz
Hertz,debora
Quit Claim Deed
related
—
Sep 21, 1992
—
Mcardle Trust
Mcardle,hugh B &
Quit Claim Deed
related
—
Jun 6, 1983
$66,000
Hugh B Mcardle
Pacific Union Bank
Grant Deed
related
$54,500
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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