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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Apartment buildings
241 San Bruno W Ave San Bruno, CA 94066
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1834374
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
7,578 SF
Lot
0.17 ac (7,498 SF)
Zoning code
C00000
APN
020-122-320
UPID
US09-1834374
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
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$835k
Owner & transaction history
Spiros Kakoniktis · 4 yrs held
Spiros Kakoniktis
since 2021
Last sale
$765,000
5 recorded transactions
Zoning & alternative use
C00000 · San Bruno, 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 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
$900,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$835k
Range $752k – $919k · ±10% · vs last sale $765k (Nov 4 2021)
Last sale anchor
$765k
Nov 4 2021
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
$110 / 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
$20,714
Tax year 2024
Assessed value
$1,228,995
Assessed 2024
Previous assessed
$1,228,995
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$406,709
Assessed improvement
$822,286
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
1948
Heating
NONE
Stories
2
Units
14
Rooms
34
Bathrooms
13
Total area
7,578 SF
Lot
0.17 ac (7,498 SF)
Zoning code
C00000
APN
020-122-320
UPID
US09-1834374
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C00000 · San Bruno, CAZoning C00000 · permitted uses
C00000 · San Bruno, 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
1948
Heating
NONE
Stories
2
Units
14
Rooms
34
Bathrooms
13
Lot
0.17 ac
Current owner
From public records · entity-resolved
Spiros Kakoniktis
Individual
Mailing address
PO BOX 636, MILLBRAE, CA 94030-0636
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
—
Spiros Kakoniktis
Spiros Kakoniktis
Intrafamily Transfer
related
$2,250,000 · River City Bank
May 29, 2003
—
Kakoniktis,tr
Kakonitis,sprios-niki
Quit Claim Deed
related
—
Oct 5, 1990
$765,000
Spiro Kakoniktis
Independent Exch
Grant Deed
$490,000 · Home Savings Of America
—
—
Spiros Kakoniktis
—
Deed Of Trust
related
$700,000 · World Savings Bank
—
—
Kakoniktis,tr
—
Deed Of Trust
related
$650,000 · Marshall Canyon Estates Ltd
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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