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Property profile & analytics
FOR LEASE
Bars & Pubs
450 1St St East Sonoma, CA 95476
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-2525274
For Lease
1 / 2
Contact for pricing
450 1St St East, Sonoma, CA 95476
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Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1939
Construction
TILT-UP CONCRETE
Total area
425 SF
Lot
0.01 ac (425 SF)
APN
018-790-009-000
UPID
US09-2525274
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
by Request
Owner & transaction history
First Street East LLC
First Street East LLC
since 2026
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 Sonoma submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sonoma 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
$5,110
Tax year 2024
Assessed value
$310,077
Assessed 2024
Previous assessed
$310,077
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$131,236
Assessed improvement
$178,841
Applied tax rate
6.0000
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
For Lease
Year built
1939
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
425 SF
Lot
0.01 ac (425 SF)
APN
018-790-009-000
UPID
US09-2525274
Jurisdiction
SONOMA
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
1939
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
First Street East LLC
Entity
Free & Clear · 0 yrs held
Mailing address
17852 SAN JACINTO DR, SONOMA, CA 95476-3747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
$1,500,000
First Street East LLC
Ks Mattson Partners LP
Trust Deed
related
—
Dec 8, 2025
—
Jodi Bazzani
Jodis American Music Hall LLC
Deed
related
$100,000 · Soco Investments LLC
Nov 24, 2025
—
Gary Bazzani & Jodi Stevens Bazzani
Gary Bazzani
Deed
—
Aug 4, 2022
$245,000
Timothy D Thomas
Ks Mattson Partners LP
Grant Deed
—
Jun 6, 2022
$290,000
Rahman Rana Fazale
Ks Mattson Partners LP
Grant Deed
—
Jun 6, 2022
$370,000
Mukesh V Taneja
Ks Mattson Partners LP
Grant Deed
—
Jun 6, 2022
$360,000
Rahman Rana Fazale
Ks Mattson Partners LP
Grant Deed
—
Jun 11, 2021
$1,600,000
Brad D Driver
Ks Mattson Partners LP
Grant Deed
—
Dec 7, 2020
$548,000
Ham Pond LLC
Marion Anne Broeker
Grant Deed
$497,957 · Marion Anne Broeker Survivors Trust
Dec 21, 2018
—
Ks Mattson Partners LP
—
Deed
related
$1,925,000 · Socotra Opportunity Fund LLC
Dec 20, 2018
$200,000
Gary Bazzani
Clayton F M 1996 Trust
Grant Deed
$170,000 · Clayton F M 1996 Trust (pt)
Aug 17, 2018
$1,950,000
Ks Mattson Partners LP
Sommer Peter S & Dylis Trust
Grant Deed
—
Jun 28, 2018
—
Artlee LLC
452 First Street East LP
Quitclaim Deed
related
—
Jun 28, 2018
$375,000
Jodis American Music Hall LLC
Rubin,lea
Grant Deed
$281,200 · Harvest Small Busn Fin LLC
Mar 25, 2010
—
Clayton Francine M 1996 Trust
Clayton R N 1981 Trust
Quit Claim Deed
related
—
Nov 20, 2007
—
Francine M Clayton
Owner,record
Grant Deed
related
—
Oct 2, 1998
$75,000
Richard N Clayton Trustee
452 First Street East
Grant Deed
—
—
—
452 First Street East LP
—
Deed Of Trust
related
$250,000 · 561 Broadway LP
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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