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Property profile & analytics
OFF-MARKET
Estimated value
$2,060,000
Apartment buildings
200 Pilarcitos Ave Half Moon Bay, CA 94019-1686
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3143926
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Total area
13,912 SF
Lot
0.41 ac (18,000 SF)
Zoning code
R30000
APN
056-144-280
UPID
US10-3143926
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
$2.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
200 Pilarcitos Ave LLC · 4 yrs held
200 Pilarcitos Ave LLC
since 2022
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
R30000 · Half Moon Bay, 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 Half Moon Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Half Moon Bay 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
$2,060,000
ML approach
$2,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.06M
Range $1.85M – $2.27M · ±10% · vs last sale $2.30M (Apr 26 2022)
Last sale anchor
$2.30M
Apr 26 2022
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
$148 / 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
$55,376
Tax year 2024
Assessed value
$3,750,554
Assessed 2024
Previous assessed
$3,750,554
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$1,686,660
Assessed improvement
$2,063,894
Applied tax rate
17.0000
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
1987
Heating
NONE
Stories
2
Units
11
Rooms
36
Total area
13,912 SF
Lot
0.41 ac (18,000 SF)
Zoning code
R30000
APN
056-144-280
UPID
US10-3143926
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · Half Moon Bay, CAZoning R30000 · permitted uses
R30000 · Half Moon Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
2
Units
11
Rooms
36
Lot
0.41 ac
Current owner
From public records · entity-resolved
200 Pilarcitos Ave LLC
Entity
Mailing address
1177 7TH AVE, SAN MATEO, CA 94402-1322
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
—
200 Pilarcitos Ave LLC
Ted Mayer
Quit Claim Deed
related
—
Apr 20, 2022
—
Roy Mayer
Roy Mayer
Intrafamily Transfer
related
—
Apr 19, 2022
—
Ted Mayer
Ted Mayer
Intrafamily Transfer
related
—
Feb 18, 2021
—
Roy Mayer
Roy Mayer
Intrafamily Transfer
related
—
Jan 12, 2021
—
Roy Mayer
—
Deed
related
$1,675,000 · First Republic Bank
Jul 31, 2020
—
Roy Mayer
Mayer Family Trust
Quit Claim Deed
related
$425,000 · Bruce Herman
Oct 2, 2019
—
Mayer Family Trust
Mary L Mayer
Affidavit Of Death
related
—
Mar 1, 2007
—
Mayer Family Trust
Roy Mayer
Quit Claim Deed
related
—
Feb 26, 2007
—
Mayer,ted L Trust
Ted Mayer
Quit Claim Deed
related
—
Feb 17, 2006
$2,300,000
Roy Mayer
Steven M Karp
Grant Deed
$1,500,000 · First Republic Bank
Jun 16, 2000
$1,650,000
Karp Trust
Ainge Trust
Trustees Deed
—
Jun 16, 2000
—
Ronald M Karp
Karp,robin
Quit Claim 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.
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