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Property profile & analytics
OFF-MARKET
Estimated value
$108,975,000
Apartment buildings
1250 Lakeside Dr Sunnyvale, CA 94085-4541
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-5367016
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2021
Construction
WOOD
Total area
247,388 SF
Lot
3.16 ac (137,649 SF)
Zoning code
M1PD
APN
216-43-037
UPID
US09-5367016
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
-
1250 Lakeside Apartments Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$80.45M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$108.98M
Owner & transaction history
Ept Lakeside Sv LLC
Ept Lakeside Sv LLC
since 2025
Last sale
$143.5M
1 recorded transaction
Zoning & alternative use
M1PD · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$155.9M
+43.4%
Retail stores
$134.6M
+23.8%
Industrial (general)
$113.6M
+4.4%
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 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$87,150,000
6.5%
$80,445,000
7%
$74,700,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$108,755,000
Current use
OFFICE BUILDING
$155,945,000
Change: +43% · Conversion: Moderate
RETAIL STORES
$134,645,000
Change: +24% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$113,575,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$87,945,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$108.98M
Range $98.08M – $119.87M · ±10% · vs last sale $143.50M (Nov 24 2025)
Last sale anchor
$143.50M
Nov 24 2025
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
$441 / 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
$1,606,833
Tax year 2024
Assessed value
$139,202,562
Assessed 2024
Previous assessed
$139,202,562
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$6,697,218
Assessed improvement
$132,505,344
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
2021
Construction
WOOD
Heating
NONE
Stories
6
Units
250
Total area
247,388 SF
Lot
3.16 ac (137,649 SF)
Zoning code
M1PD
APN
216-43-037
UPID
US09-5367016
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1PD · Sunnyvale, CA
Zoning M1PD · permitted uses
M1PD · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$108.8M
OFFICE BUILDING
Est. value
$155.9M
RETAIL STORES
Est. value
$134.6M
INDUSTRIAL (GENERAL)
Est. value
$113.6M
WAREHOUSE, STORAGE
Est. value
$87.9M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2021
Construction
WOOD
Heating
NONE
Stories
6
Units
250
Lot
3.16 ac
Current owner
From public records · entity-resolved
Ept Lakeside Sv LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2151 MICHELSON DR STE #282, IRVINE, CA 92612-1374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 24, 2025
$143,500,000
Ept Lakeside Sv LLC
Sunnyvale Partners Ltd
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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