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Property profile & analytics
OFF-MARKET
Estimated value
$2,155,000
Apartment buildings
2539 Polk St San Francisco, CA 94109-1665
Entity Owned
1-yr Hold
Absentee Owner
Property ID
US09-5791373
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1909
Construction
WOOD
Total area
7,590 SF
Lot
0.07 ac (3,025 SF)
Zoning code
RM2
APN
0523 -004
UPID
US09-5791373
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
$2.16M
Owner & transaction history
Mardanjo LLC · 1 yrs held
Mardanjo LLC
since 2025
7 recorded transactions
Zoning & alternative use
RM2 · San Francisco, 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 Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,800,000
Current use
RETAIL STORES
$2,520,000
Change: -10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,345,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.37M · ±10%
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
$284 / 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
$42,382
Tax year 2024
Assessed value
$3,488,739
Assessed 2024
Previous assessed
$3,488,739
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$1,569,707
Assessed improvement
$1,919,032
Applied tax rate
1.0000
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
1909
Construction
WOOD
Heating
NONE
Stories
3
Units
13
Rooms
28
Bathrooms
13
Total area
7,590 SF
Lot
0.07 ac (3,025 SF)
Zoning code
RM2
APN
0523 -004
UPID
US09-5791373
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RM2 · San Francisco, CA
Zoning RM2 · permitted uses
RM2 · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1909
Construction
WOOD
Heating
NONE
Stories
3
Units
13
Rooms
28
Bathrooms
13
Lot
0.07 ac
Current owner
From public records · entity-resolved
Mardanjo LLC
Entity
Mailing address
236 W PORTAL AVE #56, SAN FRANCISCO, CA 94127-1423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Mardanjo LLC
Brickendown LLC
Grant Deed
—
Mar 23, 2018
—
Brickendown LLC Dpm
—
Deed
related
$2,850,000 · First Republic Bk
Dec 14, 2012
—
Brickendown LLC
Brickendown LLC
Quit Claim Deed
related
$1,550,000 · J P Morgan Chase Bank
Nov 5, 2012
—
Dpm LLC
Murphy,daniel P
Grant Deed
related
—
Aug 31, 2012
—
Brickendown LLC
Murphy,marguerita
Grant Deed
related
—
Mar 30, 2006
—
Murphy Joan Living Trust
Murphy,joan P
Quit Claim Deed
related
—
Mar 30, 2006
$190,500
Marguerita Murphy
1rl LLC
Grant Deed
—
Dec 27, 2005
—
Ballinree LLC
Murphy Joan M Trust
Quit Claim Deed
related
—
Aug 5, 2005
$2,595,000
Marguerita Murphy
Barringer Properties LLC
Grant Deed
$1,695,000 · First Republic Bank
Aug 5, 2005
—
Daniel P Murphy
Murphy,siobhan
Quit Claim Deed
related
—
May 27, 2004
—
Barringer Properties LLC
Kitchen Kids
Grant Deed
$1,762,500 · First Republic Bank
Feb 3, 1998
—
Kids Kitchen
Kitchen Kids
Quit Claim Deed
related
$1,050,000 · First Republic Bank
Nov 29, 1995
$1,045,000
Kitchen Kids
Morassi,ferruccio & Lynn E
Trustees Deed
$720,000 · American Savings Bank
Nov 29, 1995
—
Yoshihisa Murasawa
Murasawa,jennifer F
Quit Claim Deed
related
—
Oct 15, 1993
—
Robin Rakusin Trustee
Rakusin,r.
Quit Claim Deed
related
—
—
—
Brickendown LLC Dpm
—
Deed Of Trust
related
$2,850,000 · First Republic Bk
—
—
Kids Kitchen
—
Deed Of Trust
related
$250,000 · First Republic 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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