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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Apartment buildings
486 The Alameda El Granada, CA 94018-8137
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-1283417
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1984
Total area
10,108 SF
Lot
0.22 ac (9,631 SF)
Zoning code
R20000
APN
047-207-330
UPID
US09-1283417
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
$1.95M
Blend (final)
Blend
$1.74M
Owner & transaction history
Morgan Walford · 6 yrs held
Morgan Walford
since 2019
7 recorded transactions
Zoning & alternative use
R20000 · El Granada, 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 El Granada submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Granada 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±10%
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
$172 / 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
$14,604
Tax year 2024
Assessed value
$1,213,207
Assessed 2024
Previous assessed
$1,213,207
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$360,042
Assessed improvement
$853,165
Applied tax rate
87.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1984
Heating
NONE
Stories
3
Units
7
Rooms
24
Bathrooms
6
Total area
10,108 SF
Lot
0.22 ac (9,631 SF)
Zoning code
R20000
APN
047-207-330
UPID
US09-1283417
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R20000 · El Granada, CA
Zoning R20000 · permitted uses
R20000 · El Granada, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Granada. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Stories
3
Units
7
Rooms
24
Bathrooms
6
Lot
0.22 ac
Current owner
From public records · entity-resolved
Morgan Walford
Individual
Mailing address
PO BOX 1475, EL GRANADA, CA 94018-1475
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2019
—
Morgan Walford
Morgan Walford
Intrafamily Transfer
related
$12,500,000 · Jpmorgan Chase Bank NA
Apr 1, 2014
—
Morgan & Michelle 2005 Trust
Morgan Walford
Intrafamily Transfer
related
$1,050,000 · Jpmorgan Chase Bank NA
Jan 13, 2005
—
Walford Morgan & M 2005 Trust
Walford,morgan B & Michelle H
Quit Claim Deed
related
—
Jan 27, 1998
$775,000
Walford,morgan & Michelle
Phelps,evans
Trustees Deed
$515,000 · World Savings Bank
Jan 27, 1998
—
Walford,morgan & Michelle
Phelps,evans
Trustees Deed
related
—
Dec 3, 1992
—
Evans Davidson
Davidson,e.
Quit Claim Deed
related
—
—
—
Morgan B Walford
—
Deed Of Trust
related
$780,000 · Washington Mutual Fsb
—
—
Morgan Walford
—
Deed Of Trust
related
$633,750 · United Commercial Bank
—
—
Evans Davidson
—
Deed Of Trust
related
$350,000 · San Francisco Federal S & L
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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