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Property profile & analytics
OFF-MARKET
Estimated value
$1,325,000
Investment properties
44 Leese St San Francisco, CA 94110-5826
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-5894731
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Construction
WOOD
Total area
2,000 SF
Lot
0.05 ac (2,322 SF)
Zoning code
NC2
APN
5719 -008
UPID
US09-5894731
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
-
The Good Studios (Bike/Boat/Book/etc) Store Photography Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.33M
Owner & transaction history
44 Leese Street LLC · 1 yrs held
44 Leese Street LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
NC2 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$960,000
+32.8%
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 Francisco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Francisco 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
$1,325,000
ML approach
$1,325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$960,000
Change: +33% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.19M – $1.46M · ±10% · vs last sale $1.33M (Aug 20 2024)
Last sale anchor
$1.33M
Aug 20 2024
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
$663 / 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
$21,045
Tax year 2024
Assessed value
$1,623,736
Assessed 2024
Previous assessed
$1,623,736
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,137,389
Assessed improvement
$486,347
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1976
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Total area
2,000 SF
Lot
0.05 ac (2,322 SF)
Zoning code
NC2
APN
5719 -008
UPID
US09-5894731
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
NC2 · San Francisco, CA
Zoning NC2 · permitted uses
NC2 · San Francisco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Francisco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$960,000
OFFICE BUILDING
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
1976
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Rooms
2
Bathrooms
1
Lot
0.05 ac
Current owner
From public records · entity-resolved
44 Leese Street LLC
Entity
Mailing address
44 LEESE ST, SAN FRANCISCO, CA 94110-5826
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2024
$1,325,000
44 Leese Street LLC
Erik W Newton
Grant Deed
$1,190,000 · Summit State Bank
Aug 22, 2023
—
Erik W Newton
Aubrie Pick
Intrafamily Transfer
related
—
May 28, 2019
$1,300,000
Aubrie Pick
Burkett Family Trust
Grant Deed
$946,500 · Us Bk
May 28, 2019
—
Aubrie Pick
Newton,erik W
Quit Claim Deed
related
—
Jun 25, 2007
—
Burkett Trust
Burkett,michael
Quit Claim Deed
related
—
Nov 24, 1997
$249,000
Michael Burkett
Pellissier,timothy E
Grant Deed
—
Jun 8, 1994
$87,525
Timothy E Pellissier
Tullis,paul D
Trustees Deed
—
Apr 21, 1993
—
Timothy Pellissier
Jeannette,m.
Grant Deed
related
—
Sep 12, 1989
$105,500
Timot Pellissier
Costello III,t.&
Grant Deed
related
—
—
—
Paul Tullis
—
Deed Of Trust
related
$35,000 · Individual
—
—
Timothy E Pellisier
—
Deed Of Trust
related
$31,843 · Individual
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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