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Property profile & analytics
OFF-MARKET
Apartment buildings
1460 Magnolia Ave Millbrae, CA 94030-1337
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0547772
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1947
Total area
6,055 SF
Lot
0.3 ac (13,115 SF)
APN
021-133-010
UPID
US09-0547772
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
by Request
Owner & transaction history
Matthew S Stern · 3 yrs held
Matthew S Stern
since 2022
Last sale
$225,000
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 Millbrae submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Millbrae 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
$20,396
Tax year 2024
Assessed value
$799,852
Assessed 2024
Previous assessed
$799,852
+0.0% YoY
Effective rate
2.55%
On assessed value
Assessed land
$330,827
Assessed improvement
$469,025
Applied tax rate
14.0000
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
1947
Heating
NONE
Stories
2
Units
8
Rooms
24
Bathrooms
8
Total area
6,055 SF
Lot
0.3 ac (13,115 SF)
APN
021-133-010
UPID
US09-0547772
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
1947
Heating
NONE
Stories
2
Units
8
Rooms
24
Bathrooms
8
Lot
0.3 ac
Current owner
From public records · entity-resolved
Matthew S Stern
Individual
Mailing address
6570 CROW CYN RD, CASTRO VALLEY, CA 94552-9674
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Matthew S Stern
Kim Stern
Intrafamily Transfer
related
—
Feb 22, 2019
—
Kim Stern
Weiner G & J A 2004 Trust
Quit Claim Deed
related
—
Feb 21, 2019
—
Weiner,g & J A 2004 Trust
—
Deed
related
$94,543 · Jill Weiner
Sep 9, 2016
—
Weiner,gerald Trust
Weiner Gerald Trust
Quit Claim Deed
related
—
Mar 26, 2014
—
Jon Weiner
Weiner,gerald H
Affidavit Of Death
related
—
Jun 20, 2005
—
Weiner Gerald & J A 2004 Trust
Weiner Gerald Trust
Quit Claim Deed
related
—
Jun 16, 2004
—
Weiner,tr
Weiner,gerald H
Quit Claim Deed
related
—
Aug 3, 1999
$225,000
Gerald H Weiner
Mize,lawrence A & Florence
Grant Deed
—
Mar 3, 1994
—
Mize Trust
Mize,lawrence A
Quit Claim Deed
related
—
—
—
Mize L. /weine
—
Deed Of Trust
related
$410,000 · World Savings & Loan
—
—
Weiner,g & J A 2004 Trust
—
Deed Of Trust
related
$94,543 · Jill Weiner
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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