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Property profile & analytics
OFF-MARKET
Estimated value
$25,335,000
Apartment buildings
2081 Whitman Way, San Bruno, CA 94066-4005
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0047332
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Total area
65,900 SF
Lot
1.25 ac (54,358 SF)
Zoning code
R30000
APN
019-253-160
UPID
US09-0047332
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
-
Park Plaza Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.60M
Comparable Approach
Comparable
$26.60M
Blend (final)
Blend
$25.34M
Owner & transaction history
875 Woodside LLC · 2 yrs held
875 Woodside LLC
since 2023
Last sale
$23.0M
7 recorded transactions
Zoning & alternative use
R30000 · San Bruno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$35.6M
+74.1%
Retail stores
$33.5M
+64.1%
Commercial (general)
$30.5M
+49.1%
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 Bruno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bruno 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
$26,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$29,895,000
6.5%
$27,595,000
7%
$25,625,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$20,430,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$35,560,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$33,515,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$30,455,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$29,935,000
Change: +47% · Conversion: Difficult
WAREHOUSE, STORAGE
$25,215,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$25.34M
Range $22.80M – $27.87M · ±10% · vs last sale $23.00M (Aug 7 2023)
Last sale anchor
$23.00M
Aug 7 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
$384 / 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
$324,534
Tax year 2024
Assessed value
$24,660,645
Assessed 2024
Previous assessed
$24,660,645
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$14,935,774
Assessed improvement
$9,724,871
Applied tax rate
10.0000
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
1964
Heating
NONE
Stories
3
Units
49
Rooms
17
Bathrooms
6
Total area
65,900 SF
Lot
1.25 ac (54,358 SF)
Zoning code
R30000
APN
019-253-160
UPID
US09-0047332
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · San Bruno, CA
Zoning R30000 · permitted uses
R30000 · San Bruno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Bruno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$20.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$35.6M
RETAIL STORES
Est. value
$33.5M
COMMERCIAL (GENERAL)
Est. value
$30.5M
AUTO REPAIR, GARAGE
Est. value
$29.9M
WAREHOUSE, STORAGE
Est. value
$25.2M
APARTMENT HOUSE (5+ UNITS) Current
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
1964
Heating
NONE
Stories
3
Units
49
Rooms
17
Bathrooms
6
Lot
1.25 ac
Current owner
From public records · entity-resolved
875 Woodside LLC
Entity
Mailing address
558 BREWSTER AVE STE #102, REDWOOD CITY, CA 94063-1684
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2023
—
875 Woodside LLC
875 Woodside LLC
Intrafamily Transfer
related
$15,541,391 · Homestreet Bank
Nov 9, 2022
—
875 Woodside LLC
—
Deed
related
$4,300,000 · Lake1925 LP
Nov 22, 2019
$23,000,000
Giampietro Benedetti
Marymount Place LLC
Grant Deed
—
Sep 11, 2007
$9,125,000
Marymount Place LLC
Ire Xxi Park Plaza Investors
Grant Deed
$5,915,000 · Washington Mutual Bank
Feb 27, 2003
—
I R E Xxi Park Plaza Investors
Web Service Co INC
Quit Claim Deed
related
—
Feb 27, 2003
$525,000
Ire Xxi Park Plaza Investors
Sterling Call Family LLC
Grant Deed
$1,980,000 · Citibank West Fsb
Dec 28, 2000
—
Sterling Call Family LLC
Call Trust
Quit Claim Deed
related
—
Sep 30, 1996
—
Call Trust
Call,sterling & Lois K
Quit Claim Deed
related
—
Jul 16, 1993
—
Ire Park Plaza Investors LP
—
Quit Claim Deed
related
$1,570,000 · American Savings Bank
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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