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Property profile & analytics
FOR LEASE
Office buildings
1220 Howard Ave Burlingame, CA 94010
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1283996
For Lease
1 / 7
$795/Mo
1220 Howard Ave, Burlingame, CA 94010
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1970
Total area
5,300 SF
Lot
0.28 ac (11,999 SF)
APN
029-204-240
UPID
US09-1283996
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
-
WaveGroup IT Consulting Firm Tech Support Center
-
Harris & Fraser Law Offices Law Firm Child Welfare Organization
-
Pasquall Rolando Law Firm
-
Craig Harris Collins Law Firm
-
Chase, Berenstein and Murray, Counselors at Law Law Firm
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
Green Banker LLC · 1 yrs held
Green Banker LLC
since 2024
Last sale
$7.0M
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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$26,554
Tax year 2024
Assessed value
$2,298,827
Assessed 2024
Previous assessed
$2,298,827
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$1,326,752
Assessed improvement
$972,075
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1970
Heating
NONE
Total area
5,300 SF
Lot
0.28 ac (11,999 SF)
APN
029-204-240
UPID
US09-1283996
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
1970
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
Green Banker LLC
Entity
Mailing address
5 HOMS CT, HILLSBOROUGH, CA 94010-6879
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
$7,000,000
Green Banker LLC
Patti Crisafi
Grant Deed
$1,500,000 · Norman And Esther Harris Family Lim
Dec 10, 2024
—
Norman And Esther Harris Family LP
Norman Harris
Deed
related
—
Mar 29, 2024
—
Harris Family Trust
Regis Homes Bay Area LLC
Intrafamily Transfer
related
—
Jan 12, 2016
—
Crisafi 1993 Family Trust
Crisafi 1993 Family Trust
Quit Claim Deed
related
—
Dec 28, 2015
—
Patti Crisafi
Crisafi,dominick J
Affidavit Of Death
related
—
Aug 20, 1993
—
Crisafi Trust
Crisafi Trust
Quit Claim Deed
related
—
Jun 24, 1988
$491,500
Dominick Crisafi
Sarge
Grant Deed
$165,000 · 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.
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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