Property profile

620 Masonic Way Belmont, CA 94002

OFF-MARKET
Apartment buildings
Property ID
US09-2846012
9,233 SF 0.23 ac lot Built 1963
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1963
Total area 9,233 SF
Lot 0.23 ac (10,164 SF)
APN 040-312-160
UPID US09-2846012

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

620 Masonic Way Belmont, CA 94002-2776
Belmont metro Census 608600 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.87M
Comparable Approach Comparable
$4.38M
Blend (final) Blend
$3.86M

Owner & transaction history

since 2025
Last sale
$3.6M
7 recorded transactions
2025
$3.6M
2023
Price N/A
2022
Price N/A
2022
Price N/A
2016
Price N/A
2015
Price N/A
2003
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $6.2M +95.5%
Office building $5.9M +85.5%
Neighborhood: shopping center $5.0M +56.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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