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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Office buildings
1534 Carob Ln Los Altos, CA 94024-6006
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-2547138
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1942
Construction
WOOD
Total area
1,185 SF
Lot
0.17 ac (7,200 SF)
Zoning code
CN
APN
189-15-038
UPID
US09-2547138
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
-
SMP Co Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$685k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Saeid Razavi · 3 yrs held
Saeid Razavi
since 2023
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
CN · Los Altos, 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 Los Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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
$665,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$740,000
6.5%
$685,000
7%
$635,000
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $660k (Mar 14 2023)
Last sale anchor
$660k
Mar 14 2023
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
$561 / 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
$901,928
Assessed 2023
Previous assessed
$884,244
+2.0% YoY
Assessed land
$642,286
Assessed improvement
$259,642
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1942
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Total area
1,185 SF
Lot
0.17 ac (7,200 SF)
Zoning code
CN
APN
189-15-038
UPID
US09-2547138
Jurisdiction
SANTA CLARA
Zoning & alternative use
CN · Los Altos, CA
Zoning CN · permitted uses
CN · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Saeid Razavi
Individual
Mailing address
10440 CALVERT DR, CUPERTINO, CA 95014-3840
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2023
$700,000
Saeid Razavi
Alfredo Andrade
Quit Claim Deed
related
—
Nov 23, 2016
—
R & P Living Trust
Razavi,saeid
Quit Claim Deed
related
—
Apr 30, 2007
—
Saeid Razavi
R & P Living Trust
Grant Deed
related
$510,000 · Security National Life Ins
May 24, 2005
—
R & P Trust
Razavi,saeid
Grant Deed
related
—
Apr 15, 2005
—
Saeid Razavi
Razavi,saeid
Quit Claim Deed
related
—
Aug 7, 2003
$660,000
Saied Razavi
Soltanzad,farhang & Fahry N
Grant Deed
$495,000 · Farhang & Fahry N Soltanzad
Aug 7, 2003
—
Saied Razavi
Pishadadi,mitra
Grant Deed
related
—
Feb 22, 1996
$278,000
Luke A Ciamboli
Thompson,james T & Maxine M
Grant Deed
$208,000 · Bank Of Los Altos
Feb 22, 1996
—
Ciamboli,luke A
Miyamoto,miyuki
Trustees Deed
related
—
Jan 3, 1995
—
Thompson Family Ptshp
Thompson Family Ltd
Quit Claim Deed
related
—
Jan 4, 1994
$38,500
Thompson Family LP
Sims,shelley A
Trustees Deed
—
Jan 4, 1994
$86,954
Thompson Family LP
James F Thompson
Trustees Deed
related
—
—
—
Saeid Razavi
—
Deed Of Trust
related
$502,000 · Tamalpais 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.
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