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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Apartment buildings
435 Esplanade Ave Pacifica, CA 94044-1851
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3080087
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
5,102 SF
Lot
0.17 ac (7,485 SF)
APN
009-134-460
UPID
US10-3080087
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
$2.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
435 Esplanade Ave LLC · 13 yrs held
435 Esplanade Ave LLC
since 2012
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+25.0%
Auto repair, garage
$2.3M
+22.9%
Warehouse, storage
$2.0M
+3.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,315,000
6.5%
$2,135,000
7%
$1,985,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,885,000
Current use
COMMERCIAL (GENERAL)
$2,360,000
Change: +25% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,320,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,950,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10%
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
$302 / 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
$31,351
Tax year 2024
Assessed value
$2,143,652
Assessed 2024
Previous assessed
$2,143,652
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$1,112,019
Assessed improvement
$1,031,633
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
1959
Heating
NONE
Stories
2
Units
8
Rooms
25
Bathrooms
8
Total area
5,102 SF
Lot
0.17 ac (7,485 SF)
APN
009-134-460
UPID
US10-3080087
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
$1.9M
COMMERCIAL (GENERAL)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1959
Heating
NONE
Stories
2
Units
8
Rooms
25
Bathrooms
8
Lot
0.17 ac
Current owner
From public records · entity-resolved
435 Esplanade Ave LLC
Entity
Mailing address
465 GIRARD ST, SAN FRANCISCO, CA 94134-1715
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 23, 2018
—
435 Esplanade Ave LLC
—
Deed
related
$675,000 · Opus Bank
Dec 21, 2012
—
435 Esplanade Ave LLC
435 Esplanade LLC
Quit Claim Deed
$750,000 · Opus Bank
Feb 10, 2006
—
435 Esplanade LLC
Shatara,george N & Wafa G
Grant Deed
—
Dec 21, 2005
—
George N Shatara
Shatara,george N & Wafa G
Quit Claim Deed
related
—
Oct 18, 2005
$1,600,000
George N Shatara
Velasco,francisco M III & Elsa B
Grant Deed
$800,000 · World Savings
May 11, 1990
—
Francisc Velasco
Borel Bank & Tru
Grant Deed
related
—
Mar 30, 1990
$610,000
Francisc Velasco
Velasco Starker
Grant Deed
related
$422,000 · Bay View Federal Bank
Jun 14, 1989
—
Dumas D. Michael
Michael Dumas D.
Quit Claim Deed
related
—
—
—
435 Esplanade LLC
—
Deed Of Trust
related
$800,000 · World Savings
—
—
Francisco M Velasco
—
Deed Of Trust
related
$660,000 · United Commercial Bank
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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