New search
Property profile & analytics
OFF-MARKET
Sports & entertainment properties
2220 University Ave, East Palo Alto, CA 94303-1716
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0992741
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
2003
Total area
5,102 SF
Lot
0.44 ac (19,046 SF)
Zoning code
CL00
APN
063-331-410
UPID
US09-0992741
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2200 University LLC · 1 yrs held
2200 University LLC
since 2024
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
CL00 · East Palo Alto, 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 East Palo Alto submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Palo Alto 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
—
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
$25,050
Tax year 2024
Assessed value
$1,630,269
Assessed 2024
Previous assessed
$1,630,269
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$530,251
Assessed improvement
$1,100,018
Applied tax rate
21.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
2003
Heating
NONE
Stories
1
Total area
5,102 SF
Lot
0.44 ac (19,046 SF)
Zoning code
CL00
APN
063-331-410
UPID
US09-0992741
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00 · East Palo Alto, CA
Zoning CL00 · permitted uses
CL00 · East Palo Alto, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Palo Alto. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
2200 University LLC
Entity
Mailing address
2220 UNIVERSITY AVE, EAST PALO ALTO, CA 94303-1716
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
$3,155,000
2200 University LLC
Three Brothers Tacos INC
Grant Deed
—
Oct 3, 2019
—
Three Brothers Tacos INC
—
Deed
related
$1,230,000 · Wells Fargo Bank NA
Jan 31, 2017
—
Mendoza,paulina Living Trust
Mendoza,paulina
Quit Claim Deed
related
—
Nov 28, 2006
—
Paulina Mendoza
Mendoza,bernardo G
Quit Claim Deed
related
—
Mar 12, 1999
$500,000
Three Brothers Tacos INC
Peebles,james E
Grant Deed
$285,000 · Seller
Aug 26, 1993
$310,000
James Peebles
Redwood Mortgage
Grant Deed
$266,000 · Redwood Coast Mortgage
Feb 25, 1993
—
Redwood Mortgage Investors LP
Plm Lender Servi
Trustees Deed
related
—
—
—
Lb Realty
—
Deed Of Trust
related
$37,000 · Individual
—
—
Mandela Estates
—
Deed Of Trust
related
$80,000 · Mccarary Constru
—
—
Three Brothers Tacos INC
—
Deed Of Trust
related
$1,419,000 · Heritage Bank Of Commerce
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2220 University Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
