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Property profile & analytics
OFF-MARKET
Estimated value
$3,685,000
Apartment buildings
518 Ave Alhambra El Granada, CA 94018-8133
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1866373
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Total area
5,856 SF
Lot
0.19 ac (8,171 SF)
Zoning code
R30000
APN
047-204-150
UPID
US09-1866373
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
$3.70M
CAP Approach
CAP
$2.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.69M
Owner & transaction history
Kesada LLC · 1 yrs held
Kesada LLC
since 2025
Last sale
$3.7M
4 recorded transactions
Zoning & alternative use
R30000 · El Granada, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.0M
+82.9%
Office building
$3.8M
+73.5%
Neighborhood: shopping center
$3.2M
+45.9%
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
$3,720,000
ML approach
$3,700,000
CAP Approach
CAP Return
Estimation
6%
$2,655,000
6.5%
$2,450,000
7%
$2,275,000
Alternative Use
Use
Estimation
RESTAURANT
$3,960,000
Change: +83% · Conversion: Difficult
OFFICE BUILDING
$3,755,000
Change: +73% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,160,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$2,980,000
Change: +38% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,705,000
Change: +25% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,660,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,240,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$3.69M
Range $3.32M – $4.05M · ±10% · vs last sale $3.66M (Jan 2 2025)
Last sale anchor
$3.66M
Jan 2 2025
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
$629 / 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
$23,736
Tax year 2024
Assessed value
$1,168,483
Assessed 2024
Previous assessed
$1,168,483
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$350,535
Assessed improvement
$817,948
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
1971
Heating
BASEBOARD
Stories
2
Units
12
Rooms
36
Bathrooms
12
Total area
5,856 SF
Lot
0.19 ac (8,171 SF)
Zoning code
R30000
APN
047-204-150
UPID
US09-1866373
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · El Granada, CA
Zoning R30000 · permitted uses
R30000 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.2M
RESTAURANT
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
1971
Heating
BASEBOARD
Stories
2
Units
12
Rooms
36
Bathrooms
12
Lot
0.19 ac
Current owner
From public records · entity-resolved
Kesada LLC
Entity
Mailing address
18954 YAWL PL, COTTONWOOD, CA 96022-7902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
$3,660,000
Kesada LLC
Calvin D Wilde
Grant Deed
$2,110,000 · Tri Counties Bank
May 6, 1997
—
Calvin D Wilde
Wilde,calvin D & Debra
Quit Claim Deed
related
$536,000 · Bay View Federal Bank
Jan 24, 1992
$670,000
Calvin Wilde
Kass,f.&c.
Grant Deed
$482,000 · Seller
—
—
Calvin D Wilde
—
Deed Of Trust
related
$745,000 · Quaker City Financial Corp
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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