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Property profile & analytics
OFF-MARKET
Estimated value
$10,215,000
Apartment buildings
100 Oak Rim Way Los Gatos, CA 95032-3473
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0976870
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
25,248 SF
Lot
1.15 ac (50,094 SF)
Zoning code
RM512
APN
529-16-055
UPID
US09-0976870
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
-
Valley Oaks Apartments Apartment Complex Apartment Building
-
Alborz Team Training Center
-
Greenland Trее Landscaping General Contractor
-
J M Ridgway Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.27M
CAP Approach
CAP
$7.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.22M
Owner & transaction history
Spieker Living Trust · 6 yrs held
Spieker Living Trust
since 2020
Last sale
$9.9M
7 recorded transactions
Zoning & alternative use
RM512 · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$14.4M
+37.4%
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 Los Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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
$10,885,000
ML approach
$10,270,000
CAP Approach
CAP Return
Estimation
6%
$8,000,000
6.5%
$7,385,000
7%
$6,855,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$10,490,000
Current use
RETAIL STORES
$14,415,000
Change: +37% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,975,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$10.22M
Range $9.19M – $11.24M · ±10% · vs last sale $9.85M (May 29 2020)
Last sale anchor
$9.85M
May 29 2020
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
$405 / 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
$133,062
Tax year 2024
Assessed value
$10,561,187
Assessed 2024
Previous assessed
$10,561,187
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$4,889,239
Assessed improvement
$5,671,948
Applied tax rate
3.0000
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
1961
Construction
WOOD
Heating
CENTRAL
Cooling
NONE
Stories
2
Units
24
Total area
25,248 SF
Lot
1.15 ac (50,094 SF)
Zoning code
RM512
APN
529-16-055
UPID
US09-0976870
Jurisdiction
SANTA CLARA
Zoning & alternative use
RM512 · Los Gatos, CA
Zoning RM512 · permitted uses
RM512 · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$10.5M
RETAIL STORES
Est. value
$14.4M
WAREHOUSE, STORAGE
Est. value
$9.0M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
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
1961
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
24
Lot
1.15 ac
Current owner
From public records · entity-resolved
Spieker Living Trust
Trust
Mailing address
1020 CORPORATION WAY, PALO ALTO, CA 94303-4328
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2020
$9,850,000
Spieker Living Trust
Teresi Investments II
Grant Deed
—
Jun 17, 2002
—
Teresi Investments II
Teresi Trust
Quit Claim Deed
related
—
Dec 21, 2001
—
Teresi Trust
Teresi Trust
Quit Claim Deed
related
$3,220,000 · California Federal Bank
Jun 1, 2000
$4,650,000
Teresi Trust
Valley Oaks Apartments
Grant Deed
$3,391,500 · Luther Burbank Savings & Loan
Aug 5, 1988
$3,700,000
Valley Oaks Apar
Brown,h.&i.
Grant Deed
$1,493,000 · Glendale Federal Bank
—
—
Teresi Investments II
—
Deed Of Trust
related
$2,766,000 · Greystone Servicing Corp
—
—
Teresi Investments II
—
Deed Of Trust
related
$2,615,000 · Washington Mutual Fsb
—
—
Valley Oaks Apartments
—
Deed Of Trust
related
$2,830,000 · Bay View 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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