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Property profile & analytics
OFF-MARKET
Investment properties
Lancaster Dr Richmond, CA 94806
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-4999429
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1973
Lot
0.38 ac (16,553 SF)
APN
414-300-006-7
UPID
US09-4999429
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Menlo Westridge Affordable Partners · 12 yrs held
Menlo Westridge Affordable Partners
since 2014
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 Richmond submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Richmond 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$833
Tax year 2024
Assessed value
$62,003
Assessed 2024
Previous assessed
$62,003
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$60,807
Assessed improvement
$1,196
Applied tax rate
8.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1973
Heating
NONE
Lot
0.38 ac (16,553 SF)
APN
414-300-006-7
UPID
US09-4999429
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
1973
Heating
NONE
Lot
0.38 ac
Current owner
From public records · entity-resolved
Menlo Westridge Affordable Partners
Entity
Mailing address
850 OAK GRV AVE, MENLO PARK, CA 94025-4422
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
—
Menlo Westridge Affordable Ptr
—
Deed
related
$15,000,000 · Deutsche Bk Ag/ny Branch
Dec 29, 2017
—
Menlo Westridge Affordable Ptr
—
Grant Deed
related
$7,500,000 · Deutsche Bk Ag/ny Branch
Apr 15, 2014
—
Menlo Westridge Affordable Partners
Rha Properties
Grant Deed
$32,000,000 · Pnc Bank NA
Aug 22, 2003
—
Rha Properties
Westridge Richmond LP
Grant Deed
$23,000,000 · Federal National Mortgage Assn
Jul 1, 2002
—
Westridge Richmond LP
—
Deed Of Trust
related
$21,000,000 · Gmac Commercial Mortgage Corp
Nov 21, 2000
—
Westridge Aprtments LLC
Web Service Co INC
Quit Claim Deed
related
$19,000,000 · Gmac Commercial Mortgage Corp
Sep 4, 1997
—
Westridge Apartments LLC
—
Deed Of Trust
related
$60,000,000 · Bank Of America
Jul 22, 1997
—
Westridge Apartments LLC
Citibank Fsb
Grant Deed
related
—
Oct 2, 1996
—
Citibank Fsb
Smith Trust
Quit Claim Deed
related
—
May 23, 1994
$10,500
Citibank Fsb
Larsen,glenn & M
Trustees Deed
related
—
May 16, 1994
$10,500,000
Citibank Fsb
Larsen,glenn & M
Trustees Deed
related
—
Jun 27, 1990
$5,075,500
Maleville Brothe
Yanoff,jack
Grant Deed
—
Nov 15, 1989
—
Glenn Larsen
Whitecliff I Apa
Grant Deed
related
—
—
—
Menlo Westridge Affordable Par
—
Deed Of Trust
related
—
—
—
Menlo Westridge Affordable Ptr
—
Loan Modification
related
$15,000,000 · Deutsche Bk Ag/ny Branch
—
—
Glenn Larsen
—
Deed Of Trust
related
$11,500,000 · Citicorp Savings & Loan
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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