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Property profile & analytics
OFF-MARKET
Estimated value
$16,565,000
Office buildings
1710 Gilbreth Rd Burlingame, CA 94010-1317
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2214099
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1950
Total area
35,502 SF
Lot
1.27 ac (55,140 SF)
Zoning code
M10000
APN
026-301-330
UPID
US09-2214099
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
-
CalCPA Professional And Hobby Associations Association Or Organization
-
California Society of CPAs Charitable Organization Social Service Agency
-
CalCPA Silicon Valley San Jose Chapter Financial Advisor
-
Crisafi Pryor Farquhar Cpa's: Woodward Robert Accounting Firm Tax Preparation
-
CalCPA East Bay Chapter Professional And Hobby Associations Service Establishment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.90M
CAP Approach
CAP
$18.66M
Comparable Approach
Comparable
$19.61M
Blend (final)
Blend
$16.57M
Owner & transaction history
San Mateo Diversifed LLC · 3 yrs held
San Mateo Diversifed LLC
since 2023
Last sale
$15.1M
6 recorded transactions
Zoning & alternative use
M10000 · Burlingame, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$24.0M
+5.4%
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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$16,565,000
ML approach
$9,900,000
CAP Approach
CAP Return
Estimation
6%
$20,215,000
6.5%
$18,660,000
7%
$17,325,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$22,775,000
Current use
RESTAURANT
$24,005,000
Change: +5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$19,160,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$16.57M
Range $14.91M – $18.22M · ±10% · vs last sale $15.10M (Aug 9 2023)
Last sale anchor
$15.10M
Aug 9 2023
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
$467 / 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
$171,862
Tax year 2024
Assessed value
$15,100,000
Assessed 2024
Previous assessed
$15,100,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$11,341,000
Assessed improvement
$3,759,000
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1950
Heating
NONE
Stories
3
Total area
35,502 SF
Lot
1.27 ac (55,140 SF)
Zoning code
M10000
APN
026-301-330
UPID
US09-2214099
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
M10000 · Burlingame, CAZoning M10000 · permitted uses
M10000 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$22.8M
RESTAURANT
Est. value
$24.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.2M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1950
Heating
NONE
Stories
3
Lot
1.27 ac
Current owner
From public records · entity-resolved
San Mateo Diversifed LLC
Entity
Mailing address
2171 JUNIPERO SERRA BLVD STE #700, DALY CITY, CA 94014-1982
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2023
$15,100,000
San Mateo Diversifed LLC
Californxa Society Of Certified Pub
Grant Deed
—
Jul 1, 2020
—
California Society Of Certified P
California Society Of Certified P
Correction Deed
related
$5,000,000 · First Republic Bk
Nov 7, 2014
$7,375,000
California Society Of Certified
American Heart Assn INC
Grant Deed
—
Sep 24, 1991
—
American Heart A
Sutti,j./sutti,b
Grant Deed
related
—
Aug 19, 1991
—
American Heart A
Sutti,j./sutti,b
Grant Deed
related
—
—
—
California Society Of Certified P
—
Deed Of Trust
related
$5,000,000 · First Republic Bk
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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