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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Apartment buildings
400 Ravenswood Ave, Menlo Park, CA 94025-3461
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1970899
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1948
Total area
9,728 SF
Lot
0.36 ac (15,625 SF)
APN
061-411-050
UPID
US09-1970899
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
$2.36M
Owner & transaction history
City Of Menlo Park · 2 yrs held
City Of Menlo Park
since 2023
7 recorded transactions
Zoning & alternative use
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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$243 / 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
$33,187
Tax year 2024
Assessed value
$1,743,663
Assessed 2024
Previous assessed
$1,743,663
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$1,360,246
Assessed improvement
$383,417
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
1948
Heating
NONE
Stories
2
Units
9
Rooms
36
Bathrooms
9
Total area
9,728 SF
Lot
0.36 ac (15,625 SF)
APN
061-411-050
UPID
US09-1970899
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
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Stories
2
Units
9
Rooms
36
Bathrooms
9
Lot
0.36 ac
Current owner
From public records · entity-resolved
City Of Menlo Park
Entity
Mailing address
2225 ADELINE DR, BURLINGAME, CA 94010-5505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 24, 2023
—
City Of Menlo Park
Adrienne D Chan
Quit Claim Deed
related
—
Nov 6, 2020
—
Cynthia E Imanaka
Judy M Chan
Quit Claim Deed
related
—
Oct 19, 2020
—
Cynthia E Imanka
Chan A S
Quit Claim Deed
related
—
Jul 29, 2020
—
Chan,a S & Survivors M Trust
May L Chan
Affidavit Of Death
related
—
Feb 29, 2016
—
Chan,adrienne D 2008 Trust
Chan,adrienne D
Quit Claim Deed
related
—
Sep 22, 2015
—
Amber,j M & Chan J 2003 Trust
Chan,judy M
Quit Claim Deed
related
—
Jun 1, 2015
—
Longa,t M & Chan C 2002 Trust
Chan Christine L
Quit Claim Deed
related
—
Jul 21, 2014
—
Chan,albert S & May L Trust
Chan,may L
Quit Claim Deed
related
—
Jul 2, 2014
—
Chan,albert S Trust
Albert Chan & May Chan Family
Quit Claim Deed
—
Sep 3, 1999
—
Albert & May Chan Family LP
Chan,albert S & May L
Quit Claim Deed
related
—
Jan 29, 1999
—
Albert S Chan
Albert Chan & May Chan Family
Quit Claim Deed
related
$630,000 · Washington Mutual Fsb
Dec 30, 1998
—
Albert Chan Family LP
Chan,albert S & May L
Quit Claim Deed
related
—
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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