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Property profile & analytics
OFF-MARKET
Assisted living facilities
1018 Clinton St Redwood City, CA 94061-1723
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3161877
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1947
Total area
1,800 SF
Lot
0.17 ac (7,250 SF)
APN
053-084-110
UPID
US10-3161877
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
-
East West Care Geriatric Care Provider Nursing Home
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
Gorman,paul Trust · 6 yrs held
Gorman,paul Trust
since 2020
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 Redwood City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redwood City 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
$15,652
Tax year 2024
Assessed value
$1,301,214
Assessed 2024
Previous assessed
$1,301,214
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$837,576
Assessed improvement
$463,638
Applied tax rate
9.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1947
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Rooms
8
Bathrooms
2
Total area
1,800 SF
Lot
0.17 ac (7,250 SF)
APN
053-084-110
UPID
US10-3161877
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, 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
1947
Heating
CENTRAL
Cooling
Yes
Stories
1
Rooms
8
Bathrooms
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gorman,paul Trust
Trust
Mailing address
8148 OLYMPIC CT, NEWARK, CA 94560-2140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
Gorman,paul Trust
Paul J Gorman
Quit Claim Deed
related
—
Dec 31, 2019
—
Paul J Gorman
Edita C Pagaduan
Grant Deed
$362,000 · First Republic Bank
Apr 8, 2004
$619,000
Paul J Gorman
Singh,gyan & Sarwan
Grant Deed
$495,200 · Accredited Home Lenders
Jun 28, 2002
—
Gyan Singh
Singh,gyan & Sarwan
Quit Claim Deed
related
$450,000 · World Savings Bank
Jun 30, 2000
$505,000
Gyan Singh
Lee,michael V & Patricia M
Grant Deed
$353,500 · World Savings Bank
Oct 28, 1994
$260,000
Michael V Lee
Beyrouti,gilbert J
Grant Deed
$150,000 · Home Savings Of America
—
—
Michael V Lee
—
Deed Of Trust
related
$45,000 · Wells Fargo Bank
—
—
Gilbert Beyrouti
—
Deed Of Trust
related
$205,000 · First California Mortgage Co
—
—
Beyrouti Gilbert
—
Deed Of Trust
related
$84,000 · Individual
—
—
Beyrouti Gilbert
—
Deed Of Trust
related
$188,000 · Mountain States Mtg Ctr INC
—
—
Michael V Lee
—
Deed Of Trust
related
$75,000 · Providian National Bancorp
—
—
Gyan Singh
—
Deed Of Trust
related
$21,000 · Beneficial California INC
—
—
Michael V Lee
—
Deed Of Trust
related
$72,000 · Wells Fargo Bank
—
—
Michael V Lee
—
Deed Of Trust
related
$11,292 · First Financial Funding Group
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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