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Property profile & analytics
FOR SALE
Apartment buildings
1129 Willow Rd Menlo Park, CA 94025-1646
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1320217
For Sale
1 / 11
$1,728,000
1129 Willow Rd, Menlo Park, CA 94025-1646
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1951
Total area
3,852 SF
Lot
0.14 ac (6,000 SF)
Zoning code
R40000
APN
062-093-390
UPID
US09-1320217
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
$1.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Tishau Holdings LP · 11 yrs held
Tishau Holdings LP
since 2014
7 recorded transactions
Zoning & alternative use
R40000 · Menlo Park, 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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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%
$1,745,000
6.5%
$1,615,000
7%
$1,500,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$2,080,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$1,960,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,780,000
Change: -17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,750,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±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
$325 / 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
$31,208
Tax year 2024
Assessed value
$2,118,548
Assessed 2024
Previous assessed
$2,118,548
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$1,059,274
Assessed improvement
$1,059,274
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1951
Heating
NONE
Stories
1
Units
5
Rooms
15
Bathrooms
5
Total area
3,852 SF
Lot
0.14 ac (6,000 SF)
Zoning code
R40000
APN
062-093-390
UPID
US09-1320217
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R40000 · Menlo Park, CAZoning R40000 · permitted uses
R40000 · Menlo Park, CA
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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1951
Heating
NONE
Stories
1
Units
5
Rooms
15
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Tishau Holdings LP
Entity
Mailing address
359 AUSTIN AVE, ATHERTON, CA 94027-4007
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2016
—
Tishau Holdings LP
—
Deed
related
$4,100,000 · First Republic Bk
Nov 24, 2014
$1,798,000
Tishau Holdings LP
Kong,kenneth
Grant Deed
—
Apr 26, 2013
$800,000
Kenneth Kong
Francisca Martinez
Grant Deed
$560,000 · Jpmorgan Chase Bank NA
Apr 26, 2013
—
Francisca Martinez
Martinez,eucadio
Quit Claim Deed
related
—
Feb 8, 2006
—
Francisca Martinez
Palacios Home
Grant Deed
—
Jan 10, 2003
—
Placios Home LP
Rascon,francisca H
Quit Claim Deed
related
—
Dec 31, 1991
$430,000
Francisca Rascon
Salah Khalil
Grant Deed
$250,000 · Seller
—
—
Tishau Holdings LP
—
Deed Of Trust
related
$4,100,000 · First Republic Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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