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Property profile & analytics
OFF-MARKET
Estimated value
$3,930,000
Investment properties
1321 Laurel St San Carlos, CA 94070-5040
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3020845
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Lot
0.1 ac (4,568 SF)
Zoning code
C2000H
APN
051-334-050
UPID
US10-3020845
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
-
Sol Y Luna Skin Care Hair Salon Nail Salon
-
Real Estate by Ricardo Archila Real Estate Agency
-
Janet Ghilarducci (Bike/Boat/Book/etc) Store
-
College Advising Prep Training Center
-
The French Door Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.93M
Owner & transaction history
Louis J Vella · 3 yrs held
Louis J Vella
since 2023
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C2000H · San Carlos, 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 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
$4,060,000
ML approach
$4,255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.93M
Range $3.54M – $4.32M · ±10% · vs last sale $3.70M (Jun 9 2023)
Last sale anchor
$3.70M
Jun 9 2023
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
—
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
$10,919
Tax year 2024
Assessed value
$737,587
Assessed 2024
Previous assessed
$737,587
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$317,805
Assessed improvement
$419,782
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Heating
NONE
Lot
0.1 ac (4,568 SF)
Zoning code
C2000H
APN
051-334-050
UPID
US10-3020845
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C2000H · San Carlos, CA
Zoning C2000H · permitted uses
C2000H · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Carlos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Louis J Vella
Individual
Mailing address
2613 WAKEFIELD DR, BELMONT, CA 94002-2931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 9, 2023
$3,700,000
Louis J Vella
Trinity Investment Company LP
Grant Deed
$750,000 · Santa Cruz County Bank
Jun 9, 2023
—
Louis J Vella
—
Deed
related
$750,000 · Trinity Investment Company LP
Aug 12, 2005
$1,373,000
Trinity Investment Co
Ernst,gerald L
Grant Deed
$961,100 · First Republic Bank
Feb 20, 2003
—
G Ernst
Ernst,tr
Quit Claim Deed
related
—
Jun 12, 1995
—
Ernst Trust
Ernst Properties I
Quit Claim Deed
related
—
Jun 12, 1995
$94,000
Ernst Trust
Ernst Trust
Trustees Deed
related
—
Dec 16, 1994
—
Ernst Trust
Ernst,gerald L
Quit Claim Deed
related
—
Oct 7, 1994
—
Ernst Trust
Ernst,louis J & Frieda C
Quit Claim Deed
related
—
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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