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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Apartment buildings
168 Santa Clara Ave, San Bruno, CA 94066-5304
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1567709
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1972
Total area
8,866 SF
Lot
0.2 ac (8,763 SF)
Zoning code
R30000
APN
021-186-210
UPID
US09-1567709
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
$2.75M
CAP Approach
CAP
$3.71M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Spacetime Builders LLC · 1 yrs held
Spacetime Builders LLC
since 2024
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
R30000 · San Bruno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.5M
+64.1%
Commercial (general)
$4.1M
+49.1%
Auto repair, garage
$4.0M
+46.6%
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 Bruno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bruno 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
$2,750,000
ML approach
$2,750,000
CAP Approach
CAP Return
Estimation
6%
$4,020,000
6.5%
$3,710,000
7%
$3,445,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,750,000
Current use
RETAIL STORES
$4,510,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,095,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,030,000
Change: +47% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,395,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.75M (Jul 22 2024)
Last sale anchor
$2.75M
Jul 22 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
$310 / 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
$10,052
Tax year 2024
Assessed value
$566,233
Assessed 2024
Previous assessed
$566,233
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$99,180
Assessed improvement
$467,053
Applied tax rate
10.0000
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
1972
Heating
NONE
Stories
3
Units
9
Rooms
28
Bathrooms
10
Total area
8,866 SF
Lot
0.2 ac (8,763 SF)
Zoning code
R30000
APN
021-186-210
UPID
US09-1567709
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · San Bruno, CA
Zoning R30000 · permitted uses
R30000 · San Bruno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Bruno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.1M
AUTO REPAIR, GARAGE
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1972
Heating
NONE
Stories
3
Units
9
Rooms
28
Bathrooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
Spacetime Builders LLC
Entity
Mailing address
7195 VLY TRL DR, PLEASANTON, CA 94588-5225
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
$2,750,000
Spacetime Builders LLC
Fred Khazal
Grant Deed
—
Nov 29, 2022
—
Estate Of Mitra Khazal
—
Deed
related
$200,000 · Qualfax INC
Feb 17, 2022
—
Mitra Khazal
—
Deed
related
$2,135,000 · Dmc INC
Jan 19, 2021
—
Mitra Khazal
—
Deed
related
$175,000 · Union Home Loan INC
Dec 21, 2020
—
Mitra Khazal
—
Deed
related
$315,000 · Ishwinder S & Arvinder S Brara
Nov 30, 2020
—
Mitra Khazal
—
Deed
related
$110,000 · Union Home Loan INC
Nov 26, 2014
—
Mitra Khazal
Khazal,fred
Quit Claim Deed
related
$1,200,000 · Gary D & Teresita Haag
Oct 16, 2013
—
Mitra Khazal
Mitra Khazal
Intrafamily Transfer
related
$335,000 · Private Capital Fund LLC
Aug 31, 2011
—
Mitra Khazal
Nejat,simin
Affidavit Of Death
related
$350,000 · J Thomas & Cynthia F Mckenzie
Dec 28, 2010
—
Mitra Khazal
Nejat-riazi Living Trust
Grant Deed
—
Aug 5, 2004
—
Nejat-riazi,tr
Nejat,simin M
Quit Claim Deed
related
—
—
—
Mitra Khazal
—
Deed Of Trust
related
$86,000 · Miguel Sheker
—
—
Khazal,mitra
—
Loan Modification
related
$65,000 · Private Cap Fund
—
—
Mitra Khazal
—
Deed Of Trust
related
$650,000 · Cohen Family Trust
—
—
Mitra Khazal
—
Deed Of Trust
related
$315,000 · Ishwinder S & Arvinder S Brara
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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