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Property profile & analytics
OFF-MARKET
Estimated value
$20,255,000
Office buildings
62 1st St San Francisco, CA 94105-2534
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6164159
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1917
Construction
CONCRETE
Total area
70,680 SF
Lot
0.27 ac (11,817 SF)
Zoning code
C3O
APN
3708 -006
UPID
US09-6164159
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
Current use
Occupant on record · Public records
-
Dsync Tek (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.26M
Owner & transaction history
Tohigh Property Investment LLC · 11 yrs held
Tohigh Property Investment LLC
since 2015
7 recorded transactions
Zoning & alternative use
C3O · 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$30,235,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$20.26M
Range $18.23M – $22.28M · ±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
$287 / 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
$853,756
Tax year 2024
Assessed value
$71,791,956
Assessed 2024
Previous assessed
$71,791,956
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$71,791,956
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 buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1917
Construction
CONCRETE
Heating
NONE
Stories
5
Rooms
8
Bathrooms
11
Total area
70,680 SF
Lot
0.27 ac (11,817 SF)
Zoning code
C3O
APN
3708 -006
UPID
US09-6164159
Jurisdiction
SAN FRANCISCO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
C3O · San Francisco, CA
Zoning C3O · permitted uses
C3O · 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
COMMERCIAL (GENERAL)
Est. value
$30.2M
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
1917
Construction
CONCRETE
Heating
NONE
Stories
5
Rooms
8
Bathrooms
11
Lot
0.27 ac
Current owner
From public records · entity-resolved
Tohigh Property Investment LLC
Entity
Mailing address
3 EMBARCADERO CTR #29, SAN FRANCISCO, CA 94111-4003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2015
$296,000,000
Tohigh Property Investment LLC
Fm Owner LLC
Grant Deed
—
Oct 29, 2014
—
Fm Owner LLC
—
Grant Deed
related
$60,000,000 · Wells Fargo Bk
Jun 27, 2013
—
Fm Owner LLC
First Street Holdings LLC
Quit Claim Deed
related
—
Jun 27, 2013
$88,050,000
Fm Owner LLC
Ms Mission Holdings LLC
Quit Claim Deed
related
—
Jan 18, 2012
$10,000,000
Ms Mission Holdings LLC
Old Republic Title Co
Trustees Deed
related
—
May 12, 2006
—
Sixty-two First Street LLC
—
Deed Of Trust
related
$67,100,000 · Capitalsource Finance LLC
Apr 28, 2003
—
Sixty-two First Street LLC
Golden Gate University
Grant Deed
related
$6,300,000 · East West Bank
Dec 21, 1994
—
Golden Gate University
Epsilon Properties INC
Grant Deed
related
—
Dec 12, 1994
—
Epsilon Properties INC
L & W Investors Ltd
Quit Claim Deed
related
—
—
—
Sixty-two First Street LLC
—
Deed Of Trust
related
$4,400,000 · Redwood Mtg Investors Viii
—
—
Golden Gate University
—
Deed Of Trust
related
$2,600,000 · Union Bank Of California
—
—
Oceanwide Center LLC
—
Deed Of Trust
related
$43,002,352 · Haitong Int'l Equity Invs Mgmt
—
—
Sixty-two First St LLC
—
Deed Of Trust
related
$1,000,000 · East West Bank
—
—
Oceanwide Center LLC
—
Loan Modification
related
—
—
—
L Investors
—
Deed Of Trust
related
$6,800,000 · First Nationwide Bank
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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