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Property profile & analytics
OFF-MARKET
Estimated value
$4,185,000
Apartment buildings
420 Norfolk Dr, Pacifica, CA 94044-2025
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2038868
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Total area
20,184 SF
Lot
0.69 ac (30,121 SF)
APN
009-383-250
UPID
US09-2038868
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
$4.19M
Owner & transaction history
Jericho Project INC · 3 yrs held
Jericho Project INC
since 2022
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 Pacifica submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pacifica 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
$207 / 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
$26,698
Tax year 2024
Assessed value
$3,626,544
Assessed 2024
Previous assessed
$3,626,544
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$2,832,278
Assessed improvement
$794,266
Applied tax rate
16.0000
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
1965
Heating
NONE
Stories
2
Units
18
Rooms
70
Bathrooms
18
Total area
20,184 SF
Lot
0.69 ac (30,121 SF)
APN
009-383-250
UPID
US09-2038868
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
1965
Heating
NONE
Stories
2
Units
18
Rooms
70
Bathrooms
18
Lot
0.69 ac
Current owner
From public records · entity-resolved
Jericho Project INC
Entity
Mailing address
51 GOLDEN ASTER CT, BRISBANE, CA 94005-1272
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
—
Jericho Project
—
Deed
related
$2,061,500 · Bank Of America NA
Oct 26, 2022
—
Jericho Project INC
Jericho Project INC
Intrafamily Transfer
related
$1,600,000 · Cbp Fund V LLC
May 2, 2016
—
Jericho Project
Jericho Project INC
Quit Claim Deed
related
$1,850,000 · Bank Of America
Sep 7, 2007
—
Galipeau Family Living Trust
Galipeau,sue A
Quit Claim Deed
related
—
Aug 23, 2006
—
Sue A Galipeau
Borchers Margaret J Trust
Grant Deed
related
—
Oct 31, 2005
—
Sue A Galipeau
Borchers,fred
Grant Deed
related
—
Oct 2, 1998
—
Borchers Trust
Borchers,margaret J
Quit Claim Deed
related
—
—
—
Jericho Project
—
Deed Of Trust
$2,061,500 · Bank Of America
—
—
Jericho Project
—
Deed Of Trust
related
$1,850,000 · Bank Of America
—
—
George C Ziegler
—
Deed Of Trust
related
$100,000 · Curtis Trust
—
—
Borchers,tr
—
Deed Of Trust
related
$100,000 · Joseph Jo Guisto Trustee
—
—
Borchers,tr
—
Deed Of Trust
related
$100,000 · Joseph & Patricia Guisto
—
—
Borchers Margaret J Trust
—
Deed Of Trust
related
$110,000 · Guisto Joseph & P (te)
—
—
Borchers Margaret J Trust
—
Deed Of Trust
related
$100,000 · Private Lender
—
—
Borchers Margaret J Trust
—
Deed Of Trust
related
$100,000 · Guisto Joseph & Patricia (te)
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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