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Property profile & analytics
OFF-MARKET
Estimated value
$7,150,000
Office buildings
250 California Dr Burlingame, CA 94010-4172
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-0831917
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
0.26 ac (11,530 SF)
Zoning code
CL00C2
APN
029-213-010
UPID
US09-0831917
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
$6.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.15M
Owner & transaction history
Dwf V 250 California Owner LLC · 6 yrs held
Dwf V 250 California Owner LLC
since 2020
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
CL00C2 · Burlingame, 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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$7,150,000
ML approach
$6,980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.15M
Range $6.44M – $7.87M · ±10% · vs last sale $7.25M (May 12 2020)
Last sale anchor
$7.25M
May 12 2020
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
—
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
$245,120
Tax year 2024
Assessed value
$21,873,464
Assessed 2024
Previous assessed
$21,873,464
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$7,773,464
Assessed improvement
$14,100,000
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Lot
0.26 ac (11,530 SF)
Zoning code
CL00C2
APN
029-213-010
UPID
US09-0831917
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
CL00C2 · Burlingame, CAZoning CL00C2 · permitted uses
CL00C2 · Burlingame, 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
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Dwf V 250 California Owner LLC
Entity
Mailing address
PO BOX 130667, CARLSBAD, CA 92013-0667
Ownership since
2020
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
May 12, 2020
$7,250,000
Dwf V 250 California Owner LLC
20 Hobart LLC
Grant Deed
$33,802,426 · Bank Of The Ozarks
Jan 5, 2017
—
20 Hobart LLC
—
Deed
related
$2,400,000 · City National Bank
Jun 29, 2016
$4,250,000
20 Hobart LLC
Harvey K 2005 Trust
Grant Deed
—
Jun 29, 2016
—
Harvey,k 2005 Living Trust
Floridia 1985 Trust
Quit Claim Deed
related
—
Apr 9, 2012
—
Harvey K 2005 Living Trust
—
Deed Of Trust
related
$4,569,000 · Bay Area Emp Development
Apr 11, 2005
—
Harvey Krystyna 2005 Trust
Harvey,krystyna
Quit Claim Deed
related
—
Jun 3, 2002
—
Floridia Trust
Floridia,rosario & Sharon
Quit Claim Deed
related
—
Jan 6, 2000
$2,100,000
Michael R Harvey
Citi Properties LLC
Grant Deed
$2,000,000 · Floridia Trust
Jan 22, 1999
$2,000,000
Citi Properties LLC
Aja Investments LP
Grant Deed
$1,300,000 · Borel Bank & Trust
Dec 30, 1993
—
Aja Investments LP
Anderson,a. Trus
Grant Deed
related
—
—
—
Harvey,k 2005 Living Trust
—
Deed Of Trust
related
$6,252,452 · Bank Of The West
—
—
Harvey,k 2005 Living Trust
—
Deed Of Trust
related
$896,604 · Bank Of The West
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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