Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,005,000
Apartment buildings
1336 Fruitdale Ave San Jose, CA 95126-4029
Entity Owned
~
Est. High Equity
Property ID
US09-2632205
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1971
Construction
WOOD
Total area
32,848 SF
Lot
1.65 ac (71,874 SF)
Zoning code
RM
APN
264-02-006
UPID
US09-2632205
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
$10.51M
Comparable Approach
Comparable
$9.11M
Blend (final)
Blend
$10.01M
Owner & transaction history
1336 Fruitdale Avenue LLC
1336 Fruitdale Avenue LLC
since 2026
Last sale
$10.2M
3 recorded transactions
Zoning & alternative use
RM · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$15.0M
+20.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,385,000
6.5%
$10,510,000
7%
$9,760,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,450,000
Current use
WAREHOUSE, STORAGE
$15,030,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$11,850,000
Change: -5% · Conversion: Moderate
RETAIL STORES
$10,250,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$10.01M
Range $9.00M – $11.01M · ±10% · vs last sale $10.20M (Mar 3 2026)
Last sale anchor
$10.20M
Mar 3 2026
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
$305 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$4,191,540
Assessed 2023
Previous assessed
$4,110,125
+2.0% YoY
Assessed land
$995,721
Assessed improvement
$3,195,819
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
1971
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
46
Total area
32,848 SF
Lot
1.65 ac (71,874 SF)
Zoning code
RM
APN
264-02-006
UPID
US09-2632205
Jurisdiction
SANTA CLARA
Zoning & alternative use
RM · San Jose, CA
Zoning RM · permitted uses
RM · 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
$12.5M
WAREHOUSE, STORAGE
Est. value
$15.0M
OFFICE BUILDING
Est. value
$11.9M
RETAIL STORES
Est. value
$10.3M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
46
Lot
1.65 ac
Current owner
From public records · entity-resolved
1336 Fruitdale Avenue LLC
Entity
Mailing address
PO BOX 1839, KOLOA, HI 96756-1839
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2026
$10,200,000
1336 Fruitdale Avenue LLC
Hermitage Arms LLC
Grant Deed
—
Jan 27, 2017
—
Hermitage Arms LLC
—
Deed
related
$950,000 · Wells Fargo Bank NA
Mar 18, 1998
$1,700,000
Hermitage Arms Partners
Baumgratz Trust
Grant Deed
$1,700,000 · World Savings Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1336 Fruitdale Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.