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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Apartment buildings
1122 Bush St, San Carlos, CA 94070-2423
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1860371
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Total area
4,390 SF
Lot
0.12 ac (5,229 SF)
APN
050-054-100
UPID
US09-1860371
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
-
Golden Bay Painting Painting Service General Contractor
-
Golden Bay Painting - Interior & Exterior Wall Painting, Affordable Painting Service, Quality Painting Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$915k
Owner & transaction history
Nicholas And Debra Coucoumelis Liv
Nicholas And Debra Coucoumelis Liv
since 2025
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 San Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
$915k
Range $824k – $1.01M · ±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
$208 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,726
Tax year 2024
Assessed value
$806,190
Assessed 2024
Previous assessed
$806,190
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$234,807
Assessed improvement
$571,383
Applied tax rate
11.0000
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
1958
Heating
NONE
Stories
2
Units
5
Rooms
15
Bathrooms
5
Total area
4,390 SF
Lot
0.12 ac (5,229 SF)
APN
050-054-100
UPID
US09-1860371
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
1958
Heating
NONE
Stories
2
Units
5
Rooms
15
Bathrooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
Nicholas And Debra Coucoumelis Liv
Individual
Mailing address
53 N NEWPORT DR, NAPA, CA 94559-4822
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Nicholas And Debra Coucoumelis Liv
Constantinos Courcoumelis
Deed
—
Jun 12, 2020
—
Nicholas Courcoumelis
—
Deed
related
$250,000 · Jpmorgan Chase Bank NA
Apr 2, 2015
—
Nicholas Courcoumelis
Courcoumelis N & D Trust
Quit Claim Deed
related
—
Jul 2, 1997
$515,000
Courcoumelis Trust
Jung,monika C
Grant Deed
$300,000 · World Savings Bank
Aug 29, 1990
$490,000
Monika Jung
Monika C. Jung S
Grant Deed
related
$305,000 · Glendale Federal Bank
Apr 22, 1988
—
John Saia
—
Deed Of Trust
related
—
—
—
Courcoumelis,c & E 1991 Trust
—
Deed Of Trust
related
$860,000 · Jp Morgan Chase Bk
—
—
Matthew O'donnell
—
Deed Of Trust
related
$330,000 · 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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