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Property profile & analytics
FOR LEASE
Office buildings
353 Sacramento St San Francisco, CA 94111
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5742361
For Lease
1 / 2
$3,015,000
353 Sacramento St, San Francisco, CA 94111
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Total area
285,219 SF
Lot
0.06 ac (2,596 SF)
Zoning code
C3O
APN
0237 -016
UPID
US09-5742361
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
-
Vanto Group Business Management Consultant
-
MICHAEL C. COOPER Law Firm
-
Gold Law Firm Law Firm
-
SOMAcentral Coworking & Hybrid Office
-
Nestpick - Furnished Apartments & Rooms Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.02M
Owner & transaction history
Reep Royal 353 Sacramento Jv LLC · 1 yrs held
Reep Royal 353 Sacramento Jv LLC
since 2025
7 recorded transactions
Zoning & alternative use
C3O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / 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
$331,282
Tax year 2024
Assessed value
$28,161,276
Assessed 2024
Previous assessed
$28,161,276
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$10,809,378
Assessed improvement
$17,351,898
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1983
Heating
NONE
Stories
23
Rooms
31
Bathrooms
12
Total area
285,219 SF
Lot
0.06 ac (2,596 SF)
Zoning code
C3O
APN
0237 -016
UPID
US09-5742361
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CA
Zoning C3O · permitted uses
C3O · 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.
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Stories
23
Rooms
31
Bathrooms
12
Lot
0.06 ac
Current owner
From public records · entity-resolved
Reep Royal 353 Sacramento Jv LLC
Entity
Mailing address
11150 SANTA MONICA BLVD, LOS ANGELES, CA 90025-3314
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2025
$80,250,617
Reep Royal 353 Sacramento Jv LLC
Pacific Oak Sor 353 Sacramento Stre
Deed
related
—
Nov 22, 2021
—
Pacific Oak Sor 353 Sacramento Stre
—
Deed
related
$101,600,000 · Pccp Credit X Reit Sub Holdco Trs LLC
Oct 14, 2016
—
Kbs Sor 353 Sacramento Street
—
Deed
related
$115,500,000 · Royal Bk/canada
Jul 11, 2016
$169,500,000
Kbs Sor 353 Sacramento Street
Pacific Eih Sacramento LLC
Grant Deed
—
Nov 5, 2014
$130,000,000
Pacific Eih Sacramento LLC
Pacific Eih Sacramento Corp
Grant Deed
related
—
Apr 28, 2004
—
Eih Properties Co Xx LLC
—
Deed Of Trust
related
$51,500,000 · Northwestern Mutual Life Ins
Apr 20, 1999
—
Eih Properties Co
John Hancock Mutual Life Ins
Grant Deed
$52,000,000 · Metropolitan Life Insurance
Jan 28, 1999
—
John Hancock Mutual Life Ins
M&t Partners INC
Grant Deed
related
—
Jun 30, 1992
—
John Hancock Mutual Life Ins Co
Lewis A. Trustee
Quit Claim Deed
related
—
May 7, 1990
—
Mrt Rea Hartford
Peelle Financial
Trustees Deed
related
—
Apr 30, 1990
—
Mrt Rea Hartford
Peelle Financial
Trustees Deed
related
—
—
—
Kbs Sor 353 Sacramento Street
—
Deed Of Trust
related
$115,500,000 · Royal Bk/canada
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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