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Property profile & analytics
OFF-MARKET
Estimated value
$4,380,000
Office buildings
461 Bush St 463 San Francisco, CA 94108-3706
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5742337
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1907
Construction
TILT-UP CONCRETE
Total area
18,750 SF
Lot
0.11 ac (4,800 SF)
Zoning code
C3R
APN
0287 -018
UPID
US09-5742337
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
-
Downtown Chiropractic Office Alternative Medicine Practice
-
TSE Technical Employment Agency
-
505Design Inc. Construction Company General Contractor
-
The Search Experience Employment Agency
-
LandDesign Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.38M
Owner & transaction history
463 Bush St LLC · 21 yrs held
463 Bush St LLC
since 2004
7 recorded transactions
Zoning & alternative use
C3R · San Francisco, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$234 / 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
$61,120
Tax year 2024
Assessed value
$4,079,756
Assessed 2024
Previous assessed
$4,079,756
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$2,207,780
Assessed improvement
$1,871,976
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Rooms
14
Bathrooms
11
Total area
18,750 SF
Lot
0.11 ac (4,800 SF)
Zoning code
C3R
APN
0287 -018
UPID
US09-5742337
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3R · San Francisco, CA
Zoning C3R · permitted uses
C3R · 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.
Building & site characteristics
From public records
Year built
1907
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
4
Rooms
14
Bathrooms
11
Lot
0.11 ac
Current owner
From public records · entity-resolved
463 Bush St LLC
Entity
Mailing address
3133 GEARY BLVD, SAN FRANCISCO, CA 94118-3316
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Jul 30, 2004
—
463 Bush St LLC
Chen,tr
Quit Claim Deed
related
$1,000,000 · Mers Trustee
Jun 24, 2004
—
463 Bush Street LLC
461 Bush Family LP
Grant Deed
related
—
Jun 18, 2004
—
Erwin R Chen
Chen,erwin R & Maureen W
Quit Claim Deed
related
—
Mar 31, 2003
—
461 Bush Street LLC
Chena/wu,tr
Grant Deed
related
—
Apr 4, 2001
—
Wu Trust
Chen Trust
Grant Deed
related
—
Dec 3, 1997
—
461 Bush Flp
Chen Trust
Grant Deed
related
—
Nov 7, 1997
—
Rose T Chen
Chen Trust
Quit Claim Deed
related
—
Jan 31, 1997
—
Walter J Chen
Chen,walter J
Quit Claim Deed
related
—
Jun 21, 1995
—
Chen Trust
Chen,jung H
Quit Claim Deed
related
—
Dec 13, 1994
—
Chen Trust
Chen,edward M & Janet L
Quit Claim Deed
related
—
May 5, 1989
$2,200,000
Erwin Chen
461 Bush Associa
Grant Deed
$1,300,000 · First Nationwide 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.
Try Rey
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