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Property profile & analytics
OFF-MARKET
Estimated value
$5,975,000
Assisted living facilities
1235 Hopkins Ave, Redwood City, CA 94062-1519
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1939173
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1907
Total area
16,641 SF
Lot
0.57 ac (25,025 SF)
Zoning code
R50000
APN
052-193-140
UPID
US09-1939173
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
-
Hopkins Manor Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
Wendy Wong · 4 yrs held
Wendy Wong
since 2022
Last sale
$6.5M
7 recorded transactions
Zoning & alternative use
R50000 · Redwood City, 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 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
Method
Estimation
Statistic approach
$5,580,000
ML approach
$5,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.98M
Range $5.38M – $6.57M · ±10% · vs last sale $6.50M (Apr 7 2022)
Last sale anchor
$6.50M
Apr 7 2022
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
$359 / 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
$74,803
Tax year 2024
Assessed value
$6,762,600
Assessed 2024
Previous assessed
$6,762,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$1,560,600
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
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1907
Heating
NONE
Rooms
43
Total area
16,641 SF
Lot
0.57 ac (25,025 SF)
Zoning code
R50000
APN
052-193-140
UPID
US09-1939173
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R50000 · Redwood City, CA
Zoning R50000 · permitted uses
R50000 · Redwood City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redwood City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Rooms
43
Lot
0.57 ac
Current owner
From public records · entity-resolved
Wendy Wong
Individual
Mailing address
24647 MOHR DR, HAYWARD, CA 94545-2309
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2024
—
Wendy Wong
—
Deed
related
$4,488,000 · Harvest Commercial Capital LLC
Apr 7, 2022
$6,500,000
Wendy Wong
Travis G Wyckoff
Grant Deed
$5,200,000 · Rjs Financial INC
Apr 7, 2022
—
Olive Manalastas
Carrie Bautista
Intrafamily Transfer
related
—
Aug 20, 2021
—
Travis G Wyckoff
—
Deed
related
$400,000 · Homewood Ventures INC
Oct 14, 2020
—
Wyckoff,virginia A Fam Trust
—
Deed
related
$3,162,000 · Heritage Bk/commerce
Oct 1, 2014
$5,650,000
Wyckoff,virginia Family Trust
Mallari R & Z Trust
Grant Deed
$3,300,000 · Mallari R & Z Family Trust (pt
Feb 13, 2014
—
Zenaida R Mallari
Mallari,ruben P
Affidavit Of Death
related
—
Mar 14, 2007
—
Mallari Ruben & Z Family Trust
Mzr INC
Grant Deed
—
Jun 1, 2004
—
Mzr INC
Mallari,tr
Grant Deed
related
$1,200,000 · California Bank & Trust
Sep 17, 1997
—
Mallari Trust
Mallari,ruben P & Zenaida R
Quit Claim Deed
related
—
Nov 5, 1990
$2,012,500
Ruben Mallari
Golden Sunset Ho
Grant Deed
$1,500,000 · Golden Sunset Ho
Aug 1, 1989
—
Sunset Ho Golden
Golden Sunset Ho
Quit Claim Deed
related
$2,640,000 · Pacific National Bank
—
—
Ruben Mallari
—
Deed Of Trust
related
$925,000 · East County Bank
—
—
Ruben P Mallari
—
Deed Of Trust
related
$2,500,000 · Sumitomo Bank
—
—
Mallari Ruben & Z Family Trust
—
Deed Of Trust
related
$2,519,872 · California Bank & Trust
—
—
Sunset Ho Golden
—
Deed Of Trust
related
$2,000,000 · Sumitomo Bank
—
—
Wyckoff,virginia A Fam Trust
—
Loan Modification
related
$3,162,000 · Heritage Bk/commerce
—
—
Mallari R & Z Family Trust
—
Deed Of Trust
related
$2,850,000 · Heritage Bank Of Commerce
—
—
Ruben P Mallari
—
Deed Of Trust
related
$300,000 · Richardson Trust
—
—
Mallari Trust
—
Deed Of Trust
related
$3,010,000 · Sumitomo Bank Of California
—
—
Ruben Mallari
—
Deed Of Trust
related
$200,000 · 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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