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Property profile & analytics
OFF-MARKET
Estimated value
$370,000
Assisted living facilities
304 22nd Ave San Mateo, CA 94403-1710
Trust Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0705527
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1946
Total area
3,110 SF
Lot
0.22 ac (9,692 SF)
Zoning code
R10006
APN
039-052-120
UPID
US09-0705527
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
-
HAVEN @ 22ND RCFE Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$370k
Owner & transaction history
Delacruz Anicia V Living Trust · 14 yrs held
Delacruz Anicia V Living Trust
since 2011
7 recorded transactions
Zoning & alternative use
R10006 · San Mateo, 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 Mateo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Mateo 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
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$370k
Range $333k – $407k · ±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
$119 / 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
$16,598
Tax year 2024
Assessed value
$977,500
Assessed 2024
Previous assessed
$977,500
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$488,750
Assessed improvement
$488,750
Applied tax rate
12.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1946
Heating
CENTRAL
Cooling
CENTRAL
Rooms
12
Bathrooms
2
Total area
3,110 SF
Lot
0.22 ac (9,692 SF)
Zoning code
R10006
APN
039-052-120
UPID
US09-0705527
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R10006 · San Mateo, CAZoning R10006 · permitted uses
R10006 · San Mateo, 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
1946
Heating
CENTRAL
Cooling
Yes
Rooms
12
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Delacruz Anicia V Living Trust
Trust
Mailing address
2844 HILLSIDE DR, BURLINGAME, CA 94010-5907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
—
Anicia V Dela Cruz
—
Deed
related
$900,000 · Avidbank
Sep 20, 2011
—
Delacruz Anicia V Living Trust
Delacruz,anicia V
Quit Claim Deed
related
—
May 19, 2006
—
Anicia V De La Cruz
Anicia V De La Cruz
Intrafamily Transfer
related
$900,000 · Americas Wholesale Lender
Mar 12, 1999
—
Anicia Tandoc
Tandoc,gilberto E
Quit Claim Deed
related
—
Mar 12, 1999
$636,000
Tandoc,anicia
De Laa Llagas,caruso B & Marilyn
Trustees Deed
$477,000 · Borel Bank & Trust
Oct 1, 1997
$616,000
Llagas Caruso B De Las
Fortaleza,alicia
Grant Deed
$572,400 · Cenfed Bank
Aug 9, 1994
—
Thomas E Gebhardt
Gebhardt,thomas
Quit Claim Deed
related
—
Aug 9, 1994
$540,000
Fortaleza,alicia
Gebhardt,thomas
Trustees Deed
$480,000 · Bank Of Oakland
Nov 2, 1992
—
Ruth H Sullivan Trust
Johnson,r.
Grant Deed
related
—
Aug 25, 1992
—
Ruth H Sullivan Trust
Sullivan,r.
Quit Claim Deed
related
—
—
—
James R Scuderi
—
Deed Of Trust
related
$321,000 · Washington Mutual Fsb
—
—
James R Scuderi
—
Deed Of Trust
related
$250,000 · Washington Mutual Fsb
—
—
James R Scuderi
—
Deed Of Trust
related
$250,000 · Washington Mutual Fsb
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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