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Property profile & analytics
OFF-MARKET
Estimated value
$3,145,000
Apartment buildings
1726 Sequoia Ave Burlingame, CA 94010-5461
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0237799
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Total area
5,862 SF
Lot
0.18 ac (7,661 SF)
APN
025-142-130
UPID
US09-0237799
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
$3.51M
CAP Approach
CAP
$2.46M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$3.15M
Owner & transaction history
Alex Kam Ho Lau · 2 yrs held
Alex Kam Ho Lau
since 2023
Last sale
$3.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+78.2%
Office building
$3.8M
+69.1%
Neighborhood: shopping center
$3.2M
+42.2%
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
$3,540,000
ML approach
$3,510,000
CAP Approach
CAP Return
Estimation
6%
$2,660,000
6.5%
$2,455,000
7%
$2,280,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,225,000
Current use
RESTAURANT
$3,965,000
Change: +78% · Conversion: Difficult
OFFICE BUILDING
$3,760,000
Change: +69% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,165,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$2,980,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,710,000
Change: +22% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,665,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,035,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$3.15M
Range $2.83M – $3.46M · ±10% · vs last sale $3.08M (Aug 22 2023)
Last sale anchor
$3.08M
Aug 22 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
$537 / 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
$37,461
Tax year 2024
Assessed value
$3,297,018
Assessed 2024
Previous assessed
$3,297,018
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,037,182
Assessed improvement
$1,259,836
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1958
Heating
NONE
Stories
2
Units
6
Rooms
19
Bathrooms
6
Total area
5,862 SF
Lot
0.18 ac (7,661 SF)
APN
025-142-130
UPID
US09-0237799
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
RESTAURANT
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
1958
Heating
NONE
Stories
2
Units
6
Rooms
19
Bathrooms
6
Lot
0.18 ac
Current owner
From public records · entity-resolved
Alex Kam Ho Lau
Individual
Free & Clear · 2 yrs held
Mailing address
373 BOWFIN ST, FOSTER CITY, CA 94404-1839
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 22, 2023
—
Alex Kam Ho Lau
Alex Kam Ho Lau
Intrafamily Transfer
related
—
Sep 12, 2019
$3,075,000
Kam H Lau
Petrucci J L & D A F/tr
Grant Deed
—
Sep 12, 2007
—
Petrucci James L & Deborah A Tr
Petrucci,james L
Quit Claim Deed
related
—
Sep 12, 2007
$615,000
James L Petrucci
Petrucci Family Investments
Grant Deed
—
Jan 8, 2007
—
James L Petrucci
Petrucci,james L & Deborah A
Quit Claim Deed
related
—
Dec 5, 2006
$1,500,000
Petrucci Family Investments
Shaw Ernest & Naomi Trust
Grant Deed
—
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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