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Property profile & analytics
OFF-MARKET
Estimated value
$3,335,000
Apartment buildings
1188 Armand Dr Mountain View, CA 94043-0009
Entity Owned
3-yr Hold
Free & Clear
Property ID
US09-5166991
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2023
Construction
CONCRETE
Total area
12,572 SF
Lot
0.96 ac (41,818 SF)
Zoning code
P(39)
APN
116-14-111
UPID
US09-5166991
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.34M
Owner & transaction history
County Of Santa Clara · 3 yrs held
County Of Santa Clara
since 2022
7 recorded transactions
Zoning & alternative use
P(39) · Mountain View, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Mountain View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain View 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
$265 / 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 2023Property tax & assessments
Tax year 2023
Applied tax rate
5.0000
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
2023
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Units
100
Total area
12,572 SF
Lot
0.96 ac (41,818 SF)
Zoning code
P(39)
APN
116-14-111
UPID
US09-5166991
Jurisdiction
SANTA CLARA
Zoning & alternative use
P(39) · Mountain View, CA
Zoning P(39) · permitted uses
P(39) · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountain View. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
100
Lot
0.96 ac
Current owner
From public records · entity-resolved
County Of Santa Clara
Entity
Free & Clear · 3 yrs held
Mailing address
22645 N GRAND ST STE #200, HAYWARD, CA 94541-5031
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2022
—
Avenida Armand LP
—
Deed
related
$3,000,000 · Housing Trust Silicon Valley
Dec 15, 2022
—
County Of Santa Clara
Eden Pratt Developement LLC
Grant Deed
—
Aug 26, 2022
—
Eden Pratt Development LLC
—
Deed
related
$15,010,000 · County Of Santa Clara
Jan 4, 2018
$6,300,000
Eden Pratt Dev LLC
Sherwood R/e Holdings LLC
Grant Deed
$9,700,000 · Housing Trust Silicon Valley
Nov 23, 2010
—
Sherwood R/e Holdings LLC
Sherwood Finance LLC
Quit Claim Deed
—
Sep 7, 2007
$3,500,000
Sherwood Finance Delaware LLC
Peter Davis
Grant Deed
—
Dec 11, 2006
—
Peter Davis
Davis,kannika
Quit Claim Deed
related
—
Dec 11, 2006
$3,000,500
Peter Davis
Narog,kim
Grant Deed
—
Oct 16, 2002
—
Kim Narog
Narog,leslie
Quit Claim Deed
related
$3,000,000 · Peter Davis
Jul 6, 2000
—
Kim Narog
Narog,leslie J
Quit Claim Deed
related
$350,000 · Elena F Aspromonte #66445793
Aug 27, 1999
—
Leslie Narog
Narog,leslie & Kim
Quit Claim Deed
related
$300,000 · Actagro INC
Oct 2, 1997
—
Lesie Narog
Narog,yvette
Quit Claim Deed
related
—
Apr 24, 1990
$720,000
Yvette Nar Narog
Whittaker,g.&w./
Grant Deed
$630,000 · Topa Thrift & Loan
—
—
Sherwood R/e Holdings LLC
—
Deed Of Trust
related
$700,000 · Merrill Lynch Com'l Finance
—
—
The Narog Trust/
—
Deed Of Trust
related
$61,000 · Individual
—
—
Narog,y. Trustee
—
Deed Of Trust
related
$725,000 · Topa Thrift & Loan
—
—
Sherwood Real Estate Holdings
—
Deed Of Trust
related
$1,799,500 · Bank Of America
—
—
Yvette Nar Narog
—
Deed Of Trust
related
$42,000 · 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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