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Financial
Distress signals
Property profile

630 Masonic Way Belmont, CA 94002

FOR SALE
Apartment buildings
Property ID
US09-2751174
10,048 SF 0.23 ac lot Built 1964
Last sale Feb 2026 · $4,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A, 10-unit apartment building, located at 630 Masonic Way in Belmont, California (94002), presents a compelling investment opportunity. Built in 1964 and extensively renovated between 2021 and 2023, the property boasts 7,100 square feet of net rentable space situated on a 0.23-acre lot. Each of the ten units features a one-bedroom, one-bathroom floorplan, with seven units offering private balconies or patios. Nine of the ten units have undergone complete renovations,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$67k
Tax billed · 2024
Assessed value$4.93M
Assessed land$4.07M
Assessed improvement$858k
Effective rate1.35%

Value estimate

· Oct 2026
$2.58M
$2.32M – $2.83M
NOI build-up
Gross scheduled income$525k
Vacancy & credit loss−$27k
Operating expenses−$224k
NOI · 7.12% cap applied$273k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$346/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$162 – $474
Qualifying comparables20

Cap rate analysis

How does the asset earn?
7.12%
$273k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store9.5
Travel Agency8.8
Watch Repair Shop8.8

Location

630 Masonic Way Belmont, CA 94002
County assessor Recorded deeds · 5 transfers 20 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
620 Masonic, Belmont, CA 94002-2776 $3,600,000 Dec 2025 9,233 SF
2186 Carlmont, Belmont, CA 94002-3469 $4,125,000 Jul 2025 9,688 SF
1665 6th, Belmont, CA 94002-3861 $3,950,000 Oct 2024 11,595 SF
1621 6th, Belmont, CA 94002-3874 $4,171,000 May 2024 9,898 SF
1612 5th, Belmont, CA 94002-3879 $1,768,000 Aug 2023 8,956 SF
1139 Vlg, Belmont, CA 94002-3460 $4,910,000 Nov 2022 9,275 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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