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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Apartment buildings
1411 B St San Mateo, CA 94402-2459
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3246656
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
6,461 SF
Lot
0.13 ac (5,798 SF)
APN
034-293-030
UPID
US10-3246656
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Jean Lanusse · 14 yrs held
Jean Lanusse
since 2012
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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,145,000
Current use
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±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
$200 / 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
$28,732
Tax year 2024
Assessed value
$1,690,449
Assessed 2024
Previous assessed
$1,690,449
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$979,832
Assessed improvement
$710,617
Applied tax rate
12.0000
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
1953
Heating
NONE
Stories
2
Units
8
Rooms
22
Bathrooms
7
Total area
6,461 SF
Lot
0.13 ac (5,798 SF)
APN
034-293-030
UPID
US10-3246656
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS) Current
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
1953
Heating
NONE
Stories
2
Units
8
Rooms
22
Bathrooms
7
Lot
0.13 ac
Current owner
From public records · entity-resolved
Jean Lanusse
Individual
Mailing address
845 OAK GRV AVE STE #115, MENLO PARK, CA 94025-4445
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2017
—
Lanusse Family Trust
—
Deed
related
$475,201 · Lanusse Family Trust (pt)
Feb 21, 2012
—
Jean Lanusse
Lanusse,elsa
Affidavit Of Death
related
—
Aug 29, 2008
—
Jean Lanusse
Jean Louis Lanusse
Intrafamily Transfer
related
$500,000 · Washington Mutual Bank
Jun 21, 2005
$1,237,500
Jean Louis Lanusse
Robert A Guglielmi
Grant Deed
$700,000 · Borel Private Bank & Trust Co
Mar 15, 2005
$1,200,000
Robert A Guglielmi
Mario Cavallaro
Grant Deed
$800,000 · Borel Private Bank & Trust Co
Jul 10, 1995
—
Cavallaro Trust
Cavallaro,mario & Maria
Quit Claim Deed
related
—
Mar 21, 1995
$375,000
Cavallaro,mario & Maria
Thompson,sebastina
Trustees Deed
$342,000 · Home Savings Of America
Mar 21, 1995
—
Thompson,sebastina
Malignaggi Trust
Trustees Deed
related
—
—
—
Lanusse Family Trust
—
Deed Of Trust
related
$475,201 · Lanusse Family Trust (pt)
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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