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Property profile & analytics
OFF-MARKET
Estimated value
$2,800,000
Apartment buildings
1020 Almaden Ave San Jose, CA 95110-3301
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1668718
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
6,315 SF
Lot
0.23 ac (10,010 SF)
Zoning code
R3
APN
434-07-021
UPID
US09-1668718
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
-
Dr. Griffin M. Jamir, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.80M
CAP Approach
CAP
$2.02M
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$2.80M
Owner & transaction history
Javier Jauregui Diaz · 2 yrs held
Javier Jauregui Diaz
since 2024
Last sale
$2.8M
6 recorded transactions
Zoning & alternative use
R3 · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.9M
+25.0%
Office building
$2.5M
+7.2%
Retail stores
$2.4M
+1.6%
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 San Jose submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Jose 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
$2,800,000
ML approach
$2,800,000
CAP Approach
CAP Return
Estimation
6%
$2,190,000
6.5%
$2,020,000
7%
$1,875,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,315,000
Current use
WAREHOUSE, STORAGE
$2,890,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$2,480,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$2,350,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,865,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.80M
Range $2.52M – $3.08M · ±10% · vs last sale $2.80M (Feb 13 2024)
Last sale anchor
$2.80M
Feb 13 2024
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
$443 / 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
$38,944
Tax year 2024
Assessed value
$2,913,120
Assessed 2024
Previous assessed
$2,913,120
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,872,720
Assessed improvement
$1,040,400
Applied tax rate
17.0000
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
1963
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
11
Total area
6,315 SF
Lot
0.23 ac (10,010 SF)
Zoning code
R3
APN
434-07-021
UPID
US09-1668718
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3 · San Jose, CA
Zoning R3 · permitted uses
R3 · San Jose, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Jose. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
11
Lot
0.23 ac
Current owner
From public records · entity-resolved
Javier Jauregui Diaz
Individual
Free & Clear · 2 yrs held
Mailing address
3097 MARKINGDON AVE, SAN JOSE, CA 95127-4627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Feb 13, 2024
—
Javier Jauregui Diaz
Javier J Diaz
Intrafamily Transfer
related
—
Dec 15, 2022
—
Javier J Diaz
—
Deed
related
—
Jun 3, 2022
$2,800,000
Javier J Diaz
Visionary Development LLC
Grant Deed
$1,500,000 · Joswiak Family 2001 Trust
Jul 7, 2021
$2,600,000
Visionary Development LLC
David Perry
Grant Deed
$991,500 · Iron Bridge Mortgage Fund LLC
—
—
David Perry
—
Deed Of Trust
related
$111,000 · Individual
—
—
David Perry
—
Deed Of Trust
related
$100,000 · 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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