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Property profile & analytics
OFF-MARKET
Estimated value
$3,175,000
Apartment buildings
1248 Sunnyvale Saratoga Rd Sunnyvale, CA 94087-2553
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3272733
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1964
Construction
WOOD
Total area
16,798 SF
Lot
0.82 ac (35,868 SF)
Zoning code
R4
APN
211-34-003
UPID
US09-3272733
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
-
Mi casita 🏠🥰 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
$3.18M
Owner & transaction history
Cal Properties LLC · 5 yrs held
Cal Properties LLC
since 2020
7 recorded transactions
Zoning & alternative use
R4 · Sunnyvale, 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 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
$189 / 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
$48,317
Tax year 2024
Assessed value
$4,142,191
Assessed 2024
Previous assessed
$4,142,191
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,375,597
Assessed improvement
$2,766,594
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
NONE
Stories
2
Units
30
Total area
16,798 SF
Lot
0.82 ac (35,868 SF)
Zoning code
R4
APN
211-34-003
UPID
US09-3272733
Jurisdiction
SANTA CLARA
Zoning & alternative use
R4 · Sunnyvale, CA
Zoning R4 · permitted uses
R4 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
30
Lot
0.82 ac
Current owner
From public records · entity-resolved
Cal Properties LLC
Entity
Mailing address
1447 FALCON AVE, SUNNYVALE, CA 94087-3446
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
—
Cal Properties LLC
Cal Properties LLC
Correction Deed
related
$4,640,000 · First Republic Bank
Jun 19, 2015
—
Cal Properties LLC
Cal Properties LLC
Intrafamily Transfer
related
$3,650,000 · Luther Burbank Savings
Nov 28, 2000
—
Cal Properties LLC
Chen Trust
Grant Deed
related
—
Dec 28, 1998
—
Chen Trust
Chen,robert H & Sophia M
Quit Claim Deed
related
—
Jul 17, 1998
—
Robert H Chen
Japra Trust
Grant Deed
$2,025,000 · Home Savings Of America
Mar 23, 1994
—
Japra Trust
Japra,romesh K &
Quit Claim Deed
related
—
Jan 19, 1989
$100,000
Romesh Japra
—
Trustees Deed
related
—
—
—
Cal Properties LLC
—
Deed Of Trust
related
$3,000,000 · First Republic Bank
—
—
Cal Properties
—
Deed Of Trust
related
$2,600,000 · Provident Cu
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.
Try Rey
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