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Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Apartment buildings
1738 Grant St San Mateo, CA 94402-7003
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2159736
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1958
Total area
4,310 SF
Lot
0.12 ac (5,115 SF)
APN
035-261-090
UPID
US10-2159736
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
-
BSD Mobile Windshield Repair of San Mateo Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$1.50M
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$2.33M
Owner & transaction history
Raj Kohli · 2 yrs held
Raj Kohli
since 2024
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+96.4%
Neighborhood: shopping center
$2.3M
+62.6%
Retail stores
$2.1M
+46.0%
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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$2,325,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
$1,620,000
6.5%
$1,495,000
7%
$1,390,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,430,000
Current use
OFFICE BUILDING
$2,810,000
Change: +96% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,325,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$2,090,000
Change: +46% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,990,000
Change: +39% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,960,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,650,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$2.33M
Range $2.09M – $2.56M · ±10% · vs last sale $2.33M (Mar 6 2024)
Last sale anchor
$2.33M
Mar 6 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
$539 / 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
$34,054
Tax year 2024
Assessed value
$2,371,500
Assessed 2024
Previous assessed
$2,371,500
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,734,000
Assessed improvement
$637,500
Applied tax rate
12.0000
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
5
Rooms
16
Bathrooms
5
Total area
4,310 SF
Lot
0.12 ac (5,115 SF)
APN
035-261-090
UPID
US10-2159736
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
$1.4M
OFFICE BUILDING
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
WAREHOUSE, STORAGE
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS) Current
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
5
Rooms
16
Bathrooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
Raj Kohli
Individual
Free & Clear · 2 yrs held
Mailing address
70 BAYPARK CIR, SOUTH SAN FRANCISCO, CA 94080-1592
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
Mar 6, 2024
—
Raj Kohli
Raj Kohli
Intrafamily Transfer
related
—
Nov 30, 2022
$2,325,000
Raj Kohli
Advantage Equities 17738 LLC
Grant Deed
—
Oct 20, 2022
—
Advantage Equities 17738 LLC
1738 42 Grant Street
Grant Deed
—
Feb 18, 2011
$1,762,500
Grant Street 1738-42
Papadakis Anthony A Trust
Grant Deed
—
Dec 23, 2008
—
Papadakis Anthony A Trust
Papadakis,anthony A
Quit Claim Deed
related
—
Dec 27, 2007
$900,000
Anthony A Papadakis
Roberts,james A
Grant Deed
$487,500 · First Republic Bank
Dec 27, 2007
—
Anthony A Papadakis
Papadakis,karol S
Quit Claim Deed
related
—
Feb 26, 2007
—
Boyett Family Trust
Boyett,vernon H
Quit Claim Deed
related
—
Jul 31, 2002
—
Vernon H Boyett
Boyett,sharon
Quit Claim Deed
related
—
Jul 31, 2002
$875,000
Vernon H Boyett
Greenwood & Green
Grant Deed
$460,000 · World Savings Bank
May 23, 2000
$1,460,000
Greenwood
Bernard,anthony J & Deborah R
Grant Deed
—
May 3, 2000
—
Anthony J Bernard
Bernard,anthony J & Deborah R
Quit Claim Deed
related
—
Mar 20, 2000
$1,300,000
Anthony J Bernard
Hom Trust
Grant Deed
$900,000 · Individual
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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