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Property profile & analytics
OFF-MARKET
Estimated value
$5,345,000
Office buildings
15899 Los Gatos Almaden Rd Los Gatos, CA 95032-3739
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US09-3309004
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1976
Construction
WOOD
Total area
17,800 SF
Lot
1.14 ac (49,528 SF)
Zoning code
O
APN
421-13-046
UPID
US09-3309004
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
-
Rosario Marshal MD Physician
-
Strategies for Success Physician
-
Dr. Marybeth Hughes | Marybeth Hughes, MD Pediatrician Medical Clinic
-
Steven K Struck MD Physician Medical Clinic
-
Cultivated Health Acupuncture Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.35M
Owner & transaction history
Mrj Properties · 22 yrs held
Mrj Properties
since 2004
6 recorded transactions
Zoning & alternative use
O · Los Gatos, 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 Gatos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Gatos 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
$300 / 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
$39,414
Tax year 2024
Assessed value
$2,972,380
Assessed 2024
Previous assessed
$2,972,380
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,856,724
Assessed improvement
$1,115,656
Applied tax rate
3.0000
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
1976
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
15
Total area
17,800 SF
Lot
1.14 ac (49,528 SF)
Zoning code
O
APN
421-13-046
UPID
US09-3309004
Jurisdiction
SANTA CLARA
Zoning & alternative use
O · Los Gatos, CA
Zoning O · permitted uses
O · Los Gatos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Gatos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
15
Lot
1.14 ac
Current owner
From public records · entity-resolved
Mrj Properties
Entity
Mailing address
PO BOX 2248, SUNNYVALE, CA 94087-0248
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2004
—
Mrj Properties
Mrj Properties
Quit Claim Deed
related
—
Aug 7, 2002
—
Mrj Properties
Mrj Properties
Quit Claim Deed
related
—
Feb 18, 1998
—
Mrj Properties
Mrj Trust
Quit Claim Deed
related
—
May 31, 1996
$556,000
Javad Salamat
Tda
Grant Deed
related
—
—
—
Mrj Trust
—
Deed Of Trust
related
$1,275,000 · Bay View Federal Bank
—
—
Mrj Properties
—
Deed Of Trust
related
$1,700,000 · Citibank Fsb
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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