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Property profile & analytics
OFF-MARKET
Estimated value
$7,770,000
Apartment buildings
1575 Blossom Hl Rd, San Jose, CA 95118-3303
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2378626
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1963
Construction
WOOD
Total area
38,232 SF
Lot
1.65 ac (72,048 SF)
Zoning code
R3H
APN
567-30-002
UPID
US09-2378626
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
-
Blossom Village Apartment Apartment Building
-
Shopping My Way (Bike/Boat/Book/etc) Store Cosmetic Store
-
My Shop My Choices Hair Salon Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.99M
Blend (final)
Blend
$7.77M
Owner & transaction history
Blossom Village Partners · 16 yrs held
Blossom Village Partners
since 2009
7 recorded transactions
Zoning & alternative use
R3H · San Jose, 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 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,290,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$7.77M
Range $6.99M – $8.55M · ±10%
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
$203 / 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
$161,723
Tax year 2024
Assessed value
$11,024,404
Assessed 2024
Previous assessed
$11,024,404
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$3,693,264
Assessed improvement
$7,331,140
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
1963
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
48
Total area
38,232 SF
Lot
1.65 ac (72,048 SF)
Zoning code
R3H
APN
567-30-002
UPID
US09-2378626
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3H · San Jose, CA
Zoning R3H · permitted uses
R3H · 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
INDUSTRIAL (GENERAL)
Est. value
$11.3M
INDUSTRIAL (GENERAL)
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
1963
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
48
Lot
1.65 ac
Current owner
From public records · entity-resolved
Blossom Village Partners
Entity
Free & Clear · 16 yrs held
Mailing address
1353 ULLOA ST, SAN FRANCISCO, CA 94116-2534
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Dec 15, 2009
—
Blossom Village Partners
Whelan Family Trust
Grant Deed
—
Oct 13, 2009
$42,000
Sharon W Macsweeney
Whelan,james J
Grant Deed
—
Sep 17, 2009
—
James J Whelan
Whelan Family Trust
Quit Claim Deed
related
—
Sep 14, 2009
—
Whelan Family Trust
Whelan,veronica & Vera
Affidavit Of Death
related
—
Jan 17, 2001
—
Sheila Whelan-gallagher
Gallagher,conal
Quit Claim Deed
related
—
Jun 10, 1998
—
Montclair Hills
Web Service Co INC
Quit Claim Deed
$3,281,000 · Bankers Mutual
Nov 27, 1996
$3,300,000
Montclair Hills
Menicucci,alexander L & Barbara
Grant Deed
$2,475,000 · Home Savings Of America
May 22, 1991
$2,466,500
Alexan Menicucci
Brighton Blossom
Grant Deed
$2,025,000 · Bay View Federal Bank
—
—
Blossom Village LLC
—
Deed Of Trust
related
$3,289 · Bankers Mutual
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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