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Property profile & analytics
OFF-MARKET
Estimated value
$9,800,000
Apartment buildings
1066 Sunnyvale Saratoga Rd Sunnyvale, CA 94087-2548
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2635365
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
59,830 SF
Lot
2.36 ac (102,801 SF)
Zoning code
R4
APN
211-22-012
UPID
US09-2635365
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
-
Twin Pines Manor Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.80M
Owner & transaction history
M J M Land Development Company INC · 13 yrs held
M J M Land Development Company INC
since 2013
1 recorded transaction
Zoning & alternative use
R4 · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
El Camino Real - High Density Residential (ECR-R4) District. The ECR-R4 zoning district is reserved for the construction, use, and occupancy of not more than thirty-six dwelling units per acre. ( Ord. 3194-22 § 1 ) § 19.36.060 Permitted development types and uses. (a) Development Types and Use Tables. Tables 19.36.060A and 19.36.060B set forth the developmen…
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
271.00 ac
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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$164 / 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
$111,778
Tax year 2024
Assessed value
$9,581,927
Assessed 2024
Previous assessed
$9,581,927
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,991,471
Assessed improvement
$7,590,456
Applied tax rate
9.0000
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
1964
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
81
Total area
59,830 SF
Lot
2.36 ac (102,801 SF)
Zoning code
R4
APN
211-22-012
UPID
US09-2635365
Jurisdiction
SANTA CLARA
Zoning & alternative use
R4 · Sunnyvale, CAZoning R4 · permitted uses
R4 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
El Camino Real - High Density Residential (ECR-R4) District. The ECR-R4 zoning district is reserved for the construction, use, and occupancy of not more than thirty-six dwelling units per acre. ( Ord. 3194-22 § 1 ) § 19.36.060 Permitted development types and uses. (a) Development Types and Use Tables. Tables 19.36.060A and 19.36.060B set forth the development types and uses, respectively, that are permitted, conditionally permitted, and prohibited in the ECR-C, ECR-MU, ECR-O, and ECR-PF zoning districts. Permitted uses in the ECR-R3 and ECR-R4 zoning districts are as identified for the R-3 and R-4 zoning districts, respectively, in Chapter 19.18 , Residential Zoning Districts. (1)
Zone name
High Density Residential
General category
RESIDENTIAL
Zone area
271.00 ac
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
81
Lot
2.36 ac
Current owner
From public records · entity-resolved
M J M Land Development Company INC
Entity
Mailing address
5255 CAMDEN AVE, SAN JOSE, CA 95124-5820
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2013
—
M J M Land Development Company INC
M J M Land Development Company INC
Intrafamily Transfer
related
$3,100,000 · Jpmorgan Chase Bank NA
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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