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Property profile & analytics
OFF-MARKET
Estimated value
$1,530,000
Office buildings
1850 El Camino Real Burlingame, CA 94010-3102
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2298877
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1959
Total area
5,200 SF
Lot
0.16 ac (6,800 SF)
Zoning code
CL00C1
APN
025-150-170
UPID
US09-2298877
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
-
Bay Area Vein & Vascular Center Medical Clinic Hospital
-
Dr. Raju H. Gandhi, MD Physician Hospital
-
Rachel Breault Physician
-
Stephanie Lin Physician
-
AJANTA DE Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Illa Gandhi LLC · 1 yrs held
Illa Gandhi LLC
since 2024
7 recorded transactions
Zoning & alternative use
CL00C1 · Burlingame, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$294 / 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
$22,624
Tax year 2024
Assessed value
$1,970,274
Assessed 2024
Previous assessed
$1,970,274
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,203,101
Assessed improvement
$767,173
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
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1959
Heating
NONE
Stories
2
Total area
5,200 SF
Lot
0.16 ac (6,800 SF)
Zoning code
CL00C1
APN
025-150-170
UPID
US09-2298877
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C1 · Burlingame, CA
Zoning CL00C1 · permitted uses
CL00C1 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlingame. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Stories
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Illa Gandhi LLC
Entity
Free & Clear · 1 yrs held
Mailing address
684 FAIRWAY CIR, HILLSBOROUGH, CA 94010-6416
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 10, 2024
—
Illa Gandhi LLC
Illa G Gandhi
Grant Deed
—
Oct 5, 2020
—
Gandhi,raju H & Illa G Trust
Gandhi Raju H & Illa G Trust
Quit Claim Deed
related
—
Dec 16, 2019
—
Gandhi,raju H & Illa G Trust
Raju H Gandhi
Affidavit Of Death
related
—
Jul 12, 2018
—
Gandhi,raju H & Illa G Trust
Illa Gandhi LLC
Quit Claim Deed
—
Mar 16, 2012
$1,600,000
Illa Gandhi LLC
1850 Ecn LLC
Grant Deed
$1,280,000 · Jpmorgan Chase Bank NA
Mar 30, 2009
—
1850 Ecn LLC
1850 Ecn LLC
Quit Claim Deed
related
—
Jul 3, 2008
$1,700,000
1850 Enc LLC
Peninsula Healthcare District
Grant Deed
$1,100,000 · United Commercial Bank
Oct 31, 2006
—
Peninsula Healthcare District
Mills-peninsula Health Svcs
Quit Claim Deed
—
Jul 21, 1994
—
Mills Peninsula Hospitals
Comprehensive Hu
Grant Deed
related
—
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.
Try Rey
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