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Property profile & analytics
OFF-MARKET
Estimated value
$4,450,000
Apartment buildings
851 Las Flores Rd, Livermore, CA 94551-1458
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-8182713
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Construction
WOOD
Total area
43,741 SF
Lot
4.89 ac (212,942 SF)
APN
99-26-2-2
UPID
US09-8182713
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
-
Driftwood Garden Apartments Apartment Building
-
Wicked Lashes Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.08M
Blend (final)
Blend
$4.45M
Owner & transaction history
Nawar,tr · 23 yrs held
Nawar,tr
since 2003
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 Livermore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Livermore 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
$4.45M
Range $4.01M – $4.90M · ±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
$102 / 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
$82,476
Tax year 2023
Assessed value
$3,940,955
Assessed 2024
Previous assessed
$3,865,322
+2.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$1,174,027
Assessed improvement
$2,766,928
Applied tax rate
16.0000
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
1972
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Units
50
Bathrooms
54
Total area
43,741 SF
Lot
4.89 ac (212,942 SF)
APN
99-26-2-2
UPID
US09-8182713
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
1972
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Units
50
Bathrooms
54
Lot
4.89 ac
Current owner
From public records · entity-resolved
Nawar,tr
Individual
Mailing address
PO BOX 400, FREMONT, CA 94537-0400
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2003
—
Nawar,tr
Nawar,sam A
Quit Claim Deed
related
$1,500,000 · World Savings Bank
Jun 5, 2002
—
Nawar Trust
Tarachand Trust
Quit Claim Deed
related
—
Jul 2, 2001
—
Tarachand,tr
Tarachand,kishore & Elizabeth S
Quit Claim Deed
related
—
Mar 24, 1998
—
Sam A Newar
Western Investment Nework
Grant Deed
related
—
May 31, 1994
$400,000
Western Investment Network III
W/d Investors I
Grant Deed
related
—
Feb 2, 1993
$212,000
Wd Investors
Bassignan,a.&m.
Grant Deed
related
—
May 28, 1991
—
Gary Bassignan
Web Service Comp
Quit Claim Deed
related
—
Sep 28, 1990
$2,207,000
Gary Bassignan
Westendorf,h.
Grant Deed
related
—
—
—
Western Investment Network III
—
Deed Of Trust
related
$20,000 · Individual
—
—
Western Investment Network III
—
Deed Of Trust
related
$100,000 · Individual
—
—
Western Investment Network III
—
Deed Of Trust
related
$9,000 · 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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