About this home

The Bay Area Portfolio: four apartment communities totaling 41 units across Millbrae, Redwood City, Martinez, and Concord, spanning San Mateo and Contra Costa Counties. Individual assets range from 8 to 15 units. The Offering is available as a whole, in sub-portfolios, or asset by asset. The portfolio divides along county lines by basis and by yield. The San Mateo County sub portfolio accounts for 25 units and $11,300,000 at an average go-to-market cap rate of 4.94%, while the Contra Costa County sub portfolio accounts for 16 units and $4,450,000 at 5.26% go-to-market cap rate. On the Peninsula, 472-480 Lincoln Circle sits in the affluent Telescope Hills neighborhood roughly one mile from the Millbrae Intermodal Station, the only platform in the region where BART connects directly with Caltrain. 1548 Hudson Street holds the portfolio's largest floorplans, averaging about 1,160 square feet per unit, in Redwood City's Palm Park neighborhood. In-place rents at the two Peninsula assets run 10.54% and 10.34% below market, respectively. 472-480 Lincoln Circle, Millbrae 1548 Hudson St, Redwood City 3550 Chestnut Ave, Concord 1524-1534 Willow St, 1131 Warren St, Martinez

Facts and features

Schools

• Taylor Middle School

  middle · 6-8 · 0.2 mi

  8

• Mills High School

  high · 9-12 · 0.7 mi

  10

• Meadows Elementary School

  elementary · K-5 · 1.0 mi

  9

• St. Dunstan's Elementary School

  elementary · 0.4 mi

• Green Hills Elementary School

  elementary · K-5 · 0.4 mi

  10

• Capuchino High School

  high · 9-12 · 0.7 mi

  7

Price history

• Oct 14, 2026 · Price Changed$5,900,000
• Aug 25, 2026 · Listed$6,425,000
• Jun 13, 2018 · Sold$8,040,000
• Aug 26, 2010 · Sold$3,300,000
• Aug 3, 2010 · Listing Removed$3,500,000
• Jun 22, 2010 · Listed$3,500,000
• Jan 3, 1997 · Sold$1,500,000
• Mar 18, 1986 · Sold$1,260,000

Tax history

• 2025$128,697 tax · $9,148,143 assessed
• 2024$123,059 tax · $9,148,143 assessed
• 2023$120,973 tax · $8,792,911 assessed
• 2022$97,884 tax · $8,620,502 assessed
• 2021$96,783 tax · $8,451,474 assessed
• 2020$95,201 tax · $8,364,816 assessed
• 2019$92,940 tax · $8,200,800 assessed
• 2018$43,214 tax · $3,715,745 assessed

Home value

$9,667,282

• Quantarium$9,667,282
• Collateral Analytics$2,213,000

Where it is