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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Apartment buildings
475 Milton Ave, San Bruno, CA 94066-4429
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3280478
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Total area
4,637 SF
Lot
0.11 ac (4,999 SF)
Zoning code
R30000
APN
020-391-100
UPID
US10-3280478
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
$2.02M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.89M
Owner & transaction history
Mezzh LLC · 3 yrs held
Mezzh LLC
since 2023
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
R30000 · San Bruno, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.0M
+106.9%
Neighborhood: shopping center
$2.5M
+74.1%
Retail stores
$2.4M
+64.1%
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 Bruno submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Bruno 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
$2,015,000
ML approach
$2,020,000
CAP Approach
CAP Return
Estimation
6%
$2,105,000
6.5%
$1,940,000
7%
$1,805,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,435,000
Current use
OFFICE BUILDING
$2,975,000
Change: +107% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,500,000
Change: +74% · Conversion: Difficult
RETAIL STORES
$2,360,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,145,000
Change: +49% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,105,000
Change: +47% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,775,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±10% · vs last sale $1.75M (May 23 2023)
Last sale anchor
$1.75M
May 23 2023
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
$408 / 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
$26,670
Tax year 2024
Assessed value
$1,785,000
Assessed 2024
Previous assessed
$1,785,000
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$765,000
Applied tax rate
10.0000
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
5
Rooms
20
Bathrooms
5
Total area
4,637 SF
Lot
0.11 ac (4,999 SF)
Zoning code
R30000
APN
020-391-100
UPID
US10-3280478
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · San Bruno, CA
Zoning R30000 · permitted uses
R30000 · San Bruno, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Bruno. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.4M
OFFICE BUILDING
Est. value
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
5
Rooms
20
Bathrooms
5
Lot
0.11 ac
Current owner
From public records · entity-resolved
Mezzh LLC
Entity
Mailing address
1061 FOLSOM ST, SAN FRANCISCO, CA 94103-4025
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
$1,750,000
Mezzh LLC
475 Milton Avenue LLC
Grant Deed
—
Mar 25, 2008
—
475 Milton Avenue LLC
Tam,yuk Y C
Grant Deed
—
Oct 26, 2007
—
Yuk Y C Tam
Tam,yuk Y C
Quit Claim Deed
related
—
Sep 7, 2007
$1,000,000
Yuk Y C Tam
Radford,mary M
Grant Deed
$425,000 · Oceanic Bank
Sep 7, 2007
—
Yuk Y C Tam
Tam,chun S
Quit Claim Deed
related
—
Apr 20, 1994
—
Mary M Radford
Radford,mary M
Quit Claim Deed
related
$265,000 · World Savings & Loan
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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