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Property profile & analytics
OFF-MARKET
Estimated value
$1,420,000
Apartment buildings
731 Rollins Rd Burlingame, CA 94010-2793
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2285797
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Total area
3,059 SF
Lot
0.12 ac (5,275 SF)
Zoning code
R30000
APN
029-074-170
UPID
US09-2285797
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
-
Dj Speedy Productions Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$999k
Blend (final)
Blend
$1.42M
Owner & transaction history
The Lin H Nay Family Trust
The Lin H Nay Family Trust
since 2025
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
R30000 · Burlingame, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+69.1%
Neighborhood: shopping center
$1.7M
+42.2%
Retail stores
$1.6M
+34.0%
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 Burlingame submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlingame 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
$1,425,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
$1,390,000
6.5%
$1,280,000
7%
$1,190,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,160,000
Current use
OFFICE BUILDING
$1,960,000
Change: +69% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,650,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: +34% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,415,000
Change: +22% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,390,000
Change: +20% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,060,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.42M
Range $1.28M – $1.56M · ±10% · vs last sale $1.40M (May 8 2025)
Last sale anchor
$1.40M
May 8 2025
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
$464 / 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
$7,710
Tax year 2024
Assessed value
$643,111
Assessed 2024
Previous assessed
$643,111
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$248,820
Assessed improvement
$394,291
Applied tax rate
4.0000
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
1953
Heating
NONE
Stories
2
Units
4
Rooms
15
Bathrooms
5
Total area
3,059 SF
Lot
0.12 ac (5,275 SF)
Zoning code
R30000
APN
029-074-170
UPID
US09-2285797
Jurisdiction
SAN MATEO
Metro division
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA METROPOLITAN DIVISION
Zoning & alternative use
R30000 · Burlingame, CA
Zoning R30000 · permitted uses
R30000 · Burlingame, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlingame. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1953
Heating
NONE
Stories
2
Units
4
Rooms
15
Bathrooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
The Lin H Nay Family Trust
Trust
Mailing address
3308 ELIZABETH DR, LAKEPORT, CA 95453-9383
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2025
—
The Lin H Nay Family Trust
—
Deed
related
$500,000 · The Borella Family Trust
Nov 7, 2025
$1,550,000
The Lin H Nay Family Trust
Aron Homes LLC
Grant Deed
$500,000 · Borella Family Trust
May 8, 2025
$1,400,000
Aron Homes LLC
Robert Galassi
Grant Deed
$1,260,000 · Conventus LLC
May 2, 2014
—
Galassi,robert 2014 Trust
Galassi,robert
Quit Claim Deed
related
—
Feb 19, 1998
—
Robert Galassi
Galassi,alberto
Quit Claim Deed
related
$240,000 · World Savings Bank
—
—
Alberto Galassi
—
Deed Of Trust
related
$60,000 · Individual
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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