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Property profile & analytics
OFF-MARKET
Estimated value
$1,110,000
Assisted living facilities
1616 Gordon St, Redwood City, CA 94061-2811
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2327933
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1953
Total area
33,623 SF
Lot
1.76 ac (76,765 SF)
Zoning code
R40000
APN
059-081-750
UPID
US09-2327933
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
-
Gordon Manor Nursing Home Retirement Community
-
Just Like Family Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Mallari,ruben Trust|mallari,zenaida R Trust · 11 yrs held
Mallari,ruben Trust|mallari,zenaida R Trust
since 2014
7 recorded transactions
Zoning & alternative use
R40000 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$33 / 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
$58,142
Tax year 2024
Assessed value
$5,249,404
Assessed 2024
Previous assessed
$5,249,404
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,317,420
Assessed improvement
$3,931,984
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
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
1953
Heating
NONE
Total area
33,623 SF
Lot
1.76 ac (76,765 SF)
Zoning code
R40000
APN
059-081-750
UPID
US09-2327933
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R40000 · Redwood City, CA
Zoning R40000 · permitted uses
R40000 · 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
1953
Heating
NONE
Lot
1.76 ac
Current owner
From public records · entity-resolved
Mallari,ruben Trust|mallari,zenaida R Trust
Trust
Mailing address
377 ATHERTON AVE, ATHERTON, CA 94027-6403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2020
—
Mccullough,r M Inherit Trust
—
Deed
related
$6,000,000 · Miscellaneous Ins Co
Dec 31, 2014
—
Mallari,ruben Trust|mallari,zenaida R Trust
Mallari R & Z Family Trust
Quit Claim Deed
related
—
Feb 13, 2014
—
Zenaida R Mallari
Mallari,ruben P
Affidavit Of Death
related
—
Jun 25, 2013
—
Mccullough,rowena M Trust
Mallari R & Z Trust
Quit Claim Deed
—
Dec 17, 2007
—
Mallari Ruben & Z Family Trust
—
Deed Of Trust
related
$5,300,000 · Symetra Life Insurance Co
Mar 14, 2007
—
Mallari Ruben & Z Family Trust
Mzr INC
Grant Deed
—
Jun 1, 2004
—
Mzr INC
Mallari,tr
Deed Of Trust
related
$1,200,000 · California Bank & Trust
Nov 14, 2001
—
Mallari Trust
—
Deed Of Trust
related
$1,400,000 · Civicbank Of Commerce
Sep 17, 1997
—
Mallari Trust
Mallari,ruben P & Zenaida R
Quit Claim Deed
related
—
Aug 16, 1996
—
Ruben P Mallari
—
Deed Of Trust
related
$1,500,000 · First National Bk No Cal
Feb 17, 1995
$1,545,454
Ruben P Mallari
Samissa Health Care Corp
Grant Deed
$1,000,000 · Owens Financial Group INC
—
—
Mccullough,r M Inherit Trust
—
Deed Of Trust
related
$6,000,000 · Miscellaneous Ins Co
—
—
Ruben P Mallari
—
Deed Of Trust
related
$300,000 · Richardson Trust
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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