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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Apartment buildings
530 Walnut St San Carlos, CA 94070-2397
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US09-1302225
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2020
Total area
13,168 SF
Lot
0.2 ac (8,525 SF)
Zoning code
R40000
APN
050-064-070
UPID
US09-1302225
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$965k
Owner & transaction history
530 Walnut St LLC · 5 yrs held
530 Walnut St LLC
since 2021
Last sale
$872,500
7 recorded transactions
Zoning & alternative use
R40000 · San Carlos, 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 Carlos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Carlos 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
$1,030,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $873k (Mar 9 2021)
Last sale anchor
$873k
Mar 9 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
$73 / 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
$78,444
Tax year 2024
Assessed value
$6,356,038
Assessed 2024
Previous assessed
$6,356,038
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,803,456
Assessed improvement
$4,552,582
Applied tax rate
11.0000
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
2020
Heating
CENTRAL
Stories
4
Units
9
Rooms
21
Bathrooms
10
Total area
13,168 SF
Lot
0.2 ac (8,525 SF)
Zoning code
R40000
APN
050-064-070
UPID
US09-1302225
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R40000 · San Carlos, CA
Zoning R40000 · permitted uses
R40000 · San Carlos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Carlos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
CENTRAL
Stories
4
Units
9
Rooms
21
Bathrooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
530 Walnut St LLC
Entity
Mailing address
1592 UN ST, SAN FRANCISCO, CA 94123-4505
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2021
—
530 Walnut St LLC
Ryan Martin Axelson
Correction Deed
related
$3,000,000 · Avidbank
Oct 4, 2016
$9,000
530 Walnut St LLC
Su,christina Y
Quit Claim Deed
related
—
Apr 20, 2012
$872,500
Ryan M Axelson
Anderson,lois M
Grant Deed
$567,125 · Sterling Bank & Trust Fsb
Apr 4, 2008
—
Lois M Anderson
Dallal L J & D B 1981 Trust
Grant Deed
—
Mar 26, 2008
—
Deborah E G Wilder
Dallal,louis J
Affidavit Of Death
related
—
May 24, 2004
—
Dallal,tr
Dallal,louis J
Quit Claim Deed
related
—
May 19, 2004
—
Louis J Dallal
Dallal,tr
Quit Claim Deed
related
$400,000 · Bayporte Enterprises
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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