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Property profile & analytics
OFF-MARKET
Hotels
1050 Van Ness Ave San Francisco, CA 94109-6934
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6157870
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1958
Construction
TILT-UP CONCRETE
Lot
0.14 ac (6,003 SF)
Zoning code
NC3
APN
0715 -010
UPID
US09-6157870
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
-
St Mary & St Martha Church Church
-
SAINT MARTHA'S SHELTER Community Health Centre Health Care Facility
-
Mel's Kitchen Restaurant
-
Courtyard San Francisco Downtown/Van Ness Ave. Hotel & Motel
-
Locotree Advocacy Group
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
First Republic Bank · 3 yrs held
First Republic Bank
since 2022
7 recorded transactions
Zoning & alternative use
NC3 · San Francisco, CA
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 San Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco 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
$33,329
Tax year 2024
Assessed value
$2,180,799
Assessed 2024
Previous assessed
$2,180,799
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$879,234
Assessed improvement
$1,301,565
Applied tax rate
1.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Rooms
15
Bathrooms
12
Lot
0.14 ac (6,003 SF)
Zoning code
NC3
APN
0715 -010
UPID
US09-6157870
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC3 · San Francisco, CA
Zoning NC3 · permitted uses
NC3 · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Rooms
15
Bathrooms
12
Lot
0.14 ac
Current owner
From public records · entity-resolved
First Republic Bank
Entity
Mailing address
2223 AVENIDA DE LA PLAYA #3, LA JOLLA, CA 92037-3200
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2022
—
First Republic Bank
Vn Hotel LLC
Assignment Of Lease (leasehold Sale)
—
Jun 19, 2018
—
1055 Geary Street Partners LLC
Vn Hotel LLC
Quit Claim Deed
related
—
Mar 16, 2018
—
Vn Hotel LLC
—
Loan Modification
related
$17,598,188 · Bank Of America California NA
Jan 2, 2014
—
Vn Hotel LLC
Van Ness Hotel Partners LLC
Quit Claim Deed
related
$18,000,000 · Bank Of America
Jun 2, 2011
$12,750,000
Van Ness Hotel Partners LLC
Van Ness Hotel INC
Grant Deed
related
—
Jun 30, 1998
$19,250,000
Milepost Properties LLC
Angeli LLC
Grant Deed
$15,000,000 · Allied Capital Commercial Corp
Apr 24, 1998
—
Angeli LLC
—
Deed Of Trust
related
$1,000,000 · Individual
Mar 27, 1997
—
Angeli LLC
—
Deed Of Trust
related
$3,300,000 · Far East National Bank
Mar 26, 1997
—
Abbas Fard
Fard,abbas
Quit Claim Deed
related
—
May 29, 1996
—
Angeli LLC
—
Deed Of Trust
related
$1,800,000 · Individual
Dec 29, 1995
—
Angeli LLC
Patel,tushar & Urvashi
Quit Claim Deed
related
—
Oct 14, 1994
—
Tushar Patel
Patel,urvashi T
Quit Claim Deed
related
$2,700,000 · Far East National Bank
Jun 17, 1994
—
Argo Reo LP
California Feder
Grant Deed
related
—
—
—
Richelieu Hotel
—
Deed Of Trust
related
$4,000,000 · Metro National State Bank
—
—
Angell LLC
—
Deed Of Trust
related
$2,500,000 · Far East National Bank
—
—
Richelieu Hotel
—
Deed Of Trust
related
$111,000 · Us Small Business Admn
—
—
Richelieu Hotel
—
Deed Of Trust
related
$282,000 · Merchant National Bank
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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