New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Apartment buildings
245 Market St, Daly City, CA 94014-2961
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1859371
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1962
Total area
21,350 SF
Lot
0.35 ac (15,179 SF)
APN
006-253-110
UPID
US09-1859371
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
-
maria's cleaning and janitorial services LLC Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Jeffrey L Hoppin · 2 yrs held
Jeffrey L Hoppin
since 2023
7 recorded transactions
Zoning & alternative use
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 Daly City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Daly City 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
$126 / 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
$33,590
Tax year 2024
Assessed value
$1,305,650
Assessed 2024
Previous assessed
$1,305,650
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$413,344
Assessed improvement
$892,306
Applied tax rate
5.0000
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
1962
Heating
NONE
Stories
3
Units
26
Rooms
78
Bathrooms
3
Total area
21,350 SF
Lot
0.35 ac (15,179 SF)
APN
006-253-110
UPID
US09-1859371
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
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
1962
Heating
NONE
Stories
3
Units
26
Rooms
78
Bathrooms
3
Lot
0.35 ac
Current owner
From public records · entity-resolved
Jeffrey L Hoppin
Individual
Free & Clear · 2 yrs held
Mailing address
5105 VALMAR CT, ELK GROVE, CA 95758-4139
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2023
—
Jeffrey L Hoppin
Jeffrey L Hoppin
Intrafamily Transfer
related
—
Nov 10, 2020
—
Hoppin Family Trust
Jeffrey L Hoppin
Quit Claim Deed
related
—
Oct 5, 2020
—
Hang Eight Properties II LLC
Seyranian D Marita
Quit Claim Deed
—
Jul 14, 2020
$118,500
Seyranian,gregory D Trust
Seyranian D & B Marita Trust
Grant Deed
related
—
Apr 2, 2020
—
Seyranian,d & B Marital Trust
Hang Eight Properties LLC
Quit Claim Deed
—
Jun 21, 2019
—
Hoppin Family Trust
Hoppin,christopher L
Quit Claim Deed
related
—
Apr 11, 2019
—
Hang Eight Properties LLC
Seyranian D & B Marita Trust
Quit Claim Deed
—
Jan 12, 2016
—
Seyranian,d & B Trust
Seyranian D & B 1990 Trust
Quit Claim Deed
related
—
Mar 16, 2010
—
Hoppin L W & D E Trust
Hoppin,deborah E
Quit Claim Deed
related
—
Aug 25, 1998
—
Boyle Trust
Boyle,mary E
Quit Claim Deed
related
—
—
—
Langdon E Boyle
—
Deed Of Trust
related
$550,000 · 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.
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 245 Market St?
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.
