Property profile

1621 6th Ave Belmont, CA 94002

OFF-MARKET
Apartment buildings
Property ID
US10-3060280
9,898 SF 0.21 ac lot Built 1962
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1962
Total area 9,898 SF
Lot 0.21 ac (9,000 SF)
APN 045-255-190
UPID US10-3060280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1621 6th Ave Belmont, CA 94002-3874
Belmont metro Census 609000 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.17M
CAP Approach CAP
$4.15M
Comparable Approach Comparable
$4.69M
Blend (final) Blend
$4.17M

Owner & transaction history

since 2024
Last sale
$4.2M
7 recorded transactions
2024
$4.2M
2019
Price N/A
2019
Price N/A
2016
$3.9M
2016
$3.9M
2014
$6.0M
2013
$2.5M

Zoning & alternative use

Top alternative use upside
Restaurant $6.7M +95.5%
Office building $6.4M +85.5%
Neighborhood: shopping center $5.3M +56.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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