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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Office Spaces
48 Joost Ave 1 San Francisco, CA 94131
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6152337
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1979
Construction
WOOD
Total area
1,545 SF
Zoning code
NC2
APN
6756 -036
UPID
US09-6152337
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
$940k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$965k
Owner & transaction history
Drs Long And Dickerson · 4 yrs held
Drs Long And Dickerson
since 2021
Last sale
$975,000
7 recorded transactions
Zoning & alternative use
NC2 · San Francisco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$790,000
+6.4%
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
$965,000
ML approach
$940,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$740,000
Current use
RETAIL STORES
$790,000
Change: +6% · Conversion: Moderate
COMMERCIAL (GENERAL)
$660,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $975k (Sep 27 2021)
Last sale anchor
$975k
Sep 27 2021
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
$625 / 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
$12,910
Tax year 2024
Assessed value
$1,034,676
Assessed 2024
Previous assessed
$1,034,676
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$517,338
Assessed improvement
$517,338
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
1,545 SF
Zoning code
NC2
APN
6756 -036
UPID
US09-6152337
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 Current
Est. value
$740,000
RETAIL STORES
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$660,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
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
1979
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Current owner
From public records · entity-resolved
Drs Long And Dickerson
Individual
Free & Clear · 4 yrs held
Mailing address
4 JOOST AVE, SAN FRANCISCO, CA 94131-3266
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 27, 2021
—
Drs Long And Dickerson
Drs Longa And Dickerson
Intrafamily Transfer
related
—
Oct 9, 2020
$975,000
Drs Longa & Dickerson
Joseph W Inkenbrandt
Grant Deed
$780,000 · Jp Morgan Chase Bk
Mar 31, 2015
$650,000
Inkenbrandt,joseph W
Hassanein Sal
Grant Deed
$330,000 · Jp Morgan Chase Bk
Mar 31, 2015
—
Inkenbrandt,joseph W
Inkenbrandt Patricia
Quit Claim Deed
related
—
Jul 13, 2010
—
Saleh M Hassanein
Hassanein,faten K
Quit Claim Deed
related
—
Aug 3, 2007
—
Faten K Hassanein
Hassanein,faten K
Quit Claim Deed
related
—
Dec 21, 2004
—
Faten K Hassanein
Hassanein,sal
Quit Claim Deed
related
—
Dec 21, 2004
$430,000
Faten K Hassanein
Jweinat John C & M Trust
Grant Deed
$300,000 · Roger D Kleid
Dec 15, 2004
—
Jweinat John C & Maha Trust
Jweinat,john & Maha
Quit Claim Deed
related
—
—
—
Saleh M Hassanein
—
Deed Of Trust
related
$95,000 · Mohamed I Sharkawy
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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