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Property profile & analytics
FOR SALE
Office buildings
420 Peninsula Ave 3 San Mateo, CA 94401
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US10-3025417
For Sale
1 / 8
$1,499,000
420 Peninsula Ave,Unit 3, San Mateo, CA 94401
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Lot
0.28 ac (12,212 SF)
Zoning code
EA00E2
APN
032-131-630
UPID
US10-3025417
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
-
Leong Dental Dental Office
-
Dr. Waymond K. Leong, DDS Dental Office
-
Dr. Roland Leong, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lkrw LLC · 14 yrs held
Lkrw LLC
since 2012
7 recorded transactions
Zoning & alternative use
EA00E2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$20,376
Tax year 2024
Assessed value
$1,672,687
Assessed 2024
Previous assessed
$1,672,687
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,115,127
Assessed improvement
$557,560
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Heating
NONE
Lot
0.28 ac (12,212 SF)
Zoning code
EA00E2
APN
032-131-630
UPID
US10-3025417
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
EA00E2 · San Mateo, CA
Zoning EA00E2 · permitted uses
EA00E2 · San Mateo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Mateo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.28 ac
Current owner
From public records · entity-resolved
Lkrw LLC
Entity
Mailing address
420 PENINSULA AVE, SAN MATEO, CA 94401-1653
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2018
—
Lkrw LLC
—
Deed
related
$450,000 · Wfb NA
Sep 11, 2017
—
Lkrw LLC
—
Deed
related
$800,000 · Wells Fargo Bank NA
Jun 13, 2012
—
Lkrw LLC
Leong Dental INC
Grant Deed
$985,000 · Us Bank NA
Apr 1, 2004
$1,200,000
Leong Dental INC
Duester Haerle & Co
Grant Deed
$600,000 · United Commercial Bank
Jan 24, 1996
$730,000
Duester Haerle & Company LLC
Ho,ralph & Margaret
Grant Deed
$450,000 · Individual
Jul 28, 1988
$635,000
Ralph&margare Ho
Ehrnest Ballagh
Grant Deed
$421,000 · America California Bank
—
—
Duester Haerle & Co LLC
—
Deed Of Trust
related
$282,000 · Wells Fargo Bank
—
—
Duester Haerle & Co LLC
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
Lkrw LLC
—
Deed Of Trust
related
$450,000 · Wfb NA
—
—
Leong Dental INC
—
Deed Of Trust
related
$496,000 · Capital Business Group INC
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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