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Property profile & analytics
OFF-MARKET
Estimated value
$78,125,000
Apartment buildings
3645 Hvn Ave, Menlo Park, CA 94025-1073
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5278644
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2017
Total area
179,025 SF
Lot
4.96 ac (215,867 SF)
APN
055-170-370
UPID
US09-5278644
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
-
Deep Cleaned Luxurious and Tasteful Menlo Park 3BR with King Beds Hotel & Motel Vacation Rental
-
No-Fuss Menlo Park Suite for Business Travelers Hotel & Motel Vacation Rental
-
Elan Menlo Park Apartments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$74.96M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$78.13M
Owner & transaction history
CV MENLO PARK LLC · 1 yrs held
CV MENLO PARK LLC
since 2025
Last sale
$78.8M
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$121.1M
+21.5%
Office building
$114.8M
+15.3%
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 Menlo Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menlo Park 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
$80,040,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$81,210,000
6.5%
$74,960,000
7%
$69,610,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$99,610,000
Current use
RESTAURANT
$121,055,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$114,840,000
Change: +15% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$96,610,000
Change: -3% · Conversion: Difficult
RETAIL STORES
$91,040,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$82,735,000
Change: -17% · Conversion: Moderate
AUTO REPAIR, GARAGE
$81,325,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$78.13M
Range $70.31M – $85.94M · ±10% · vs last sale $78.75M (Mar 3 2025)
Last sale anchor
$78.75M
Mar 3 2025
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
$436 / 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
$1,383,947
Tax year 2024
Assessed value
$106,648,587
Assessed 2024
Previous assessed
$106,648,587
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$19,677,355
Assessed improvement
$86,971,232
Applied tax rate
8.0000
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
2017
Heating
NONE
Stories
3
Units
146
Rooms
516
Bathrooms
2
Total area
179,025 SF
Lot
4.96 ac (215,867 SF)
APN
055-170-370
UPID
US09-5278644
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
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$99.6M
RESTAURANT
Est. value
$121.1M
OFFICE BUILDING
Est. value
$114.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$96.6M
RETAIL STORES
Est. value
$91.0M
COMMERCIAL (GENERAL)
Est. value
$82.7M
AUTO REPAIR, GARAGE
Est. value
$81.3M
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2017
Heating
NONE
Stories
3
Units
146
Rooms
516
Bathrooms
2
Lot
4.96 ac
Current owner
From public records · entity-resolved
CV MENLO PARK LLC
Entity
Free & Clear · 1 yrs held
Mailing address
180 BROAD ST #300, CHARLESTON, SC 29401-2456
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
$78,750,000
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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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