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Property profile & analytics
FOR LEASE
Hotels
581 Eddy St San Francisco, CA 94109
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6154626
No photos on file
For Lease
$2,390,000
581 Eddy St, San Francisco, CA 94109
View Listing →
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1925
Construction
TILT-UP CONCRETE
Total area
34,202 SF
Lot
0.12 ac (5,031 SF)
Zoning code
RC4
APN
0336 -014A
UPID
US09-6154626
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
$2.04M
Blend (final)
Blend
$2.39M
Owner & transaction history
587 Eddy Street LLC · 6 yrs held
587 Eddy Street LLC
since 2020
7 recorded transactions
Zoning & alternative use
RC4 · San Francisco, 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 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
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
$2.39M
Range $2.15M – $2.63M · ±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
$70 / 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
$250,930
Tax year 2024
Assessed value
$20,750,368
Assessed 2024
Previous assessed
$20,750,368
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$11,670,558
Assessed improvement
$9,079,810
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
Hotels
Use group
HOTEL
Status
For Lease
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
6
Units
68
Rooms
82
Bathrooms
79
Total area
34,202 SF
Lot
0.12 ac (5,031 SF)
Zoning code
RC4
APN
0336 -014A
UPID
US09-6154626
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
RC4 · San Francisco, CA
Zoning RC4 · permitted uses
RC4 · 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.
Building & site characteristics
From public records
Year built
1925
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
6
Units
68
Rooms
82
Bathrooms
79
Lot
0.12 ac
Current owner
From public records · entity-resolved
587 Eddy Street LLC
Entity
Mailing address
402 8TH AVE STE #207, SAN FRANCISCO, CA 94118-3057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2020
—
587 Eddy Street LLC
—
Deed
related
$475,455 · Bank Of Guam
Apr 28, 2020
—
587 Eddy Street LLC
Patel D & K 2011 Trust
Grant Deed
related
—
Feb 22, 2018
—
D & K Patel 2011 Trust
D & K Patel 2011 Trust
Quit Claim Deed
related
$13,585,000 · Bank Of Guam
Aug 3, 2017
$125,000
Manishh Gajiwala
2011 D & K Patel Trust
Grant Deed
—
Aug 1, 2017
$1,950,000
Patel,d & K Trust
Gajiwala,manishh
Grant Deed
—
Jun 6, 2017
$17,750,000
Patel,d & K 2011 Trust
Coral Partners LLC
Grant Deed
$12,500,000 · Sterling Bk
Dec 23, 2011
—
Zagari Of Eddy St LLC
Zagari Of Eddy St LLC
Quit Claim Deed
related
$2,600,000 · First Republic Bank
Oct 25, 2011
$2,002,800
Coral Partners LLC
Dagovitz,melvin & Angela
Grant Deed
—
Oct 17, 2011
$411,000
Zagari Of Eddy Street LLC
Coral Partners LLC
Grant Deed
—
Apr 21, 2008
—
Coral Partners LLC
Chiatello,john
Grant Deed
related
—
Dec 27, 2007
—
John Chistello
Leslie Hotel Partners LLC
Grant Deed
related
—
Aug 8, 1997
$2,750,000
Leslie Hotel Partners LLC
Mason,mary K
Grant Deed
—
Aug 26, 1988
—
J.&m. Mason
Mason,j.&m.
Quit Claim Deed
related
$2,185,000 · First Republic Trust
—
—
Leslie Hotel Partners LLC
—
Deed Of Trust
related
$423,000 · Individual
—
—
Mason J.
—
Deed Of Trust
related
$50,000 · Individual
—
—
John T Mason
—
Deed Of Trust
related
$400,000 · First Republic Thrift & Loan
—
—
Mason J.
—
Deed Of Trust
related
$10,000 · Individual
—
—
Patel,d & K 2011 Trust
—
Deed Of Trust
related
$13,585,000 · Bank Of Guam
—
—
Mason J.
—
Deed Of Trust
related
$160,000 · Firstrep Bancorp
—
—
Leslie Hotel Partners LLC
—
Deed Of Trust
related
$3,700,000 · First Republic Bank
—
—
Coral Partners LLC
—
Deed Of Trust
related
$900,000 · First Republic Bank
—
—
587 Eddy Street LLC
—
Deed Of Trust
related
$475,455 · Bank Of Guam
—
—
Mason J.
—
Deed Of Trust
related
$22,000 · Individual
—
—
Mason J.
—
Deed Of Trust
related
$17,000 · Individual
—
—
Coral Partners LLC
—
Deed Of Trust
related
$750,000 · Sal Zagari
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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