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Property profile & analytics
OFF-MARKET
Estimated value
$6,750,000
Retail residential properties
1653 Grant Ave 1667 San Francisco, CA 94133-3038
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US09-6156731
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1908
Construction
WOOD
Total area
14,291 SF
Lot
0.09 ac (3,837 SF)
Zoning code
RM2
APN
0088 -001
UPID
US09-6156731
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
$6.75M
CAP Approach
CAP
$4.91M
Comparable Approach
Comparable
$4.68M
Blend (final)
Blend
$6.75M
Owner & transaction history
501 Greenwich Street LLC · 1 yrs held
501 Greenwich Street LLC
since 2024
Last sale
$6.8M
7 recorded transactions
Zoning & alternative use
RM2 · San Francisco, 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 Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco 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
$6,750,000
ML approach
$6,750,000
CAP Approach
CAP Return
Estimation
6%
$5,315,000
6.5%
$4,905,000
7%
$4,555,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,720,000
Current use
OFFICE BUILDING
$6,850,000
Change: -11% · Conversion: Easy
RETAIL STORES
$6,230,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$6.75M
Range $6.08M – $7.43M · ±10% · vs last sale $6.75M (Oct 4 2024)
Last sale anchor
$6.75M
Oct 4 2024
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
$472 / 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
$41,654
Tax year 2024
Assessed value
$3,420,318
Assessed 2024
Previous assessed
$3,420,318
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,052,167
Assessed improvement
$1,368,151
Applied tax rate
1.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1908
Construction
WOOD
Heating
NONE
Stories
4
Units
17
Rooms
48
Bathrooms
18
Total area
14,291 SF
Lot
0.09 ac (3,837 SF)
Zoning code
RM2
APN
0088 -001
UPID
US09-6156731
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RM2 · San Francisco, CA
Zoning RM2 · permitted uses
RM2 · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.7M
OFFICE BUILDING
Est. value
$6.9M
RETAIL STORES
Est. value
$6.2M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
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
1908
Construction
WOOD
Heating
NONE
Stories
4
Units
17
Rooms
48
Bathrooms
18
Lot
0.09 ac
Current owner
From public records · entity-resolved
501 Greenwich Street LLC
Entity
Mailing address
2804 GTWY OAKS DR STE #100, SACRAMENTO, CA 95833-4346
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 27, 2024
—
501 Greenwich Street LLC
—
Deed
related
$4,518,000 · Lument Real Estate Capital LLC
Oct 4, 2024
$6,750,000
501 Greenwich Street LLC
The Bulkley Family Limited Partners
Grant Deed
$4,400,000 · Security Finance Company-market
May 25, 2023
—
The Bulkley Family Limited Partners
—
Deed
related
$2,000,000 · First Republic Bank
Apr 25, 2018
—
Bulkley Family LP
—
Trustees Deed
related
$1,200,000 · First Republic Bk
Apr 6, 2018
$4,000,000
Bulkley Family LP
Bulkley Jonathan D Trust
Quit Claim Deed
related
—
Apr 6, 2018
—
Bulkley,jonathan D Trust
Bulkley Jonathan
Affidavit Of Death
related
—
Apr 16, 2004
—
Bulkley,tr
Bulkley,jonathan
Quit Claim Deed
related
—
Apr 4, 1989
—
Sarah Esser
Howald,r.
Quit Claim Deed
related
—
—
—
Jonathan Bulkley
—
Deed Of Trust
related
$300,000 · Fremont Bank
—
—
Round Hill Pacif
—
Deed Of Trust
related
$600,000 · Fremont Bank
—
—
Bulkley Jonathan D Trust
—
Deed Of Trust
related
$600,000 · Fremont Bank
—
—
Bulkley Family LP
—
Deed Of Trust
related
$3,450,000 · First Republic Bk
—
—
Jonathan Bulkley
—
Deed Of Trust
related
$300,000 · Fremont Bank
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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