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Property profile & analytics
OFF-MARKET
Estimated value
$1,600,000
Apartment buildings
950 Kains Ave A Albany, CA 94706-2001
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8475982
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
3,551 SF
Lot
0.11 ac (5,000 SF)
APN
65-2661-14
UPID
US09-8475982
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
$1.64M
CAP Approach
CAP
$1.09M
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.60M
Owner & transaction history
Kains Ave Apts LLC · 4 yrs held
Kains Ave Apts LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+67.3%
Office building
$1.7M
+50.9%
Neighborhood: shopping center
$1.5M
+32.9%
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 Albany submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Albany 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
$1,585,000
ML approach
$1,640,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,085,000
7%
$1,010,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,135,000
Current use
MEDICAL BUILDING
$1,900,000
Change: +67% · Conversion: Moderate
OFFICE BUILDING
$1,715,000
Change: +51% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,510,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$1,285,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,145,000
Change: +1% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,075,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.86M (May 16 2022)
Last sale anchor
$1.86M
May 16 2022
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
$451 / 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
$35,265
Tax year 2023
Assessed value
$1,924,740
Assessed 2024
Previous assessed
$1,887,000
+2.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$624,240
Assessed improvement
$1,300,500
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1953
Construction
WOOD
Heating
NONE
Buildings
1
Stories
2
Units
5
Bathrooms
5
Total area
3,551 SF
Lot
0.11 ac (5,000 SF)
APN
65-2661-14
UPID
US09-8475982
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
$1.1M
MEDICAL BUILDING
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1953
Construction
WOOD
Heating
NONE
Stories
2
Buildings
1
Units
5
Bathrooms
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Kains Ave Apts LLC
Entity
Mailing address
6211 CHELTON DR, OAKLAND, CA 94611-2430
Ownership since
2022
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
May 16, 2022
$1,855,000
Kains Ave Apts LLC
Yony Trinh
Grant Deed
$1,105,000 · First Republic Bank
Feb 14, 2022
—
Tony Trinh
—
Deed
related
$100,000 · Steve C Huang
Feb 14, 2020
—
Tony Trinh
—
Deed
related
$800,000 · Gateway Bank Fsb
Jan 17, 2019
—
Kp Living Trust
—
Deed
related
$600,000 · Van Hanh Nguyen Psp & Tr (pt)
Apr 24, 2014
$1,209,500
Tony Trinh
Alcatraz Capital LLC
Grant Deed
$770,000 · Valley Community Bank
Apr 12, 2013
$749,000
Alcatraz Capital LLC
Garcia Alina M Trust
Grant Deed
$486,000 · Lone Oak Fund LLC
Jun 26, 2012
—
Garcia Alina M Trust
Garcia,alina
Quit Claim Deed
related
—
Jul 2, 2007
—
Alina Garcia
Jalo,ted J
Affidavit Of Death
related
—
Nov 2, 1992
—
Jalo Ted Trustee
Jalo,ted
Quit Claim Deed
related
—
—
—
Alina M Garcia
—
Deed Of Trust
related
$435,000 · Sonoma Valley Bank
—
—
Kp Living Trust
—
Deed Of Trust
related
$600,000 · Van Hanh Nguyen Psp & Tr (pt)
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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