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Property profile & analytics
OFF-MARKET
Estimated value
$5,630,000
Office buildings
15991 Los Gatos Blvd Los Gatos, CA 95032-3416
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3822075
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
14,957 SF
Lot
1.11 ac (48,193 SF)
Zoning code
CH
APN
529-65-028
UPID
US09-3822075
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
-
Super Duper Burgers Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.29M
Blend (final)
Blend
$5.63M
Owner & transaction history
Linda L Lester · 8 yrs held
Linda L Lester
since 2017
7 recorded transactions
Zoning & alternative use
CH · 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
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
Blend value · Realmo final
$5.63M
Range $5.07M – $6.19M · ±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
$376 / 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
$185,650
Tax year 2024
Assessed value
$15,367,542
Assessed 2024
Previous assessed
$15,367,542
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$4,799,761
Assessed improvement
$10,567,781
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
2015
Heating
NONE
Cooling
YES
Stories
2
Units
3
Total area
14,957 SF
Lot
1.11 ac (48,193 SF)
Zoning code
CH
APN
529-65-028
UPID
US09-3822075
Jurisdiction
SANTA CLARA
Zoning & alternative use
CH · Los Gatos, CA
Zoning CH · permitted uses
CH · 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
2015
Heating
NONE
Cooling
Yes
Stories
2
Units
3
Lot
1.11 ac
Current owner
From public records · entity-resolved
Linda L Lester
Individual
Free & Clear · 8 yrs held
Mailing address
1960 THE ALAMEDA STE #20, SAN JOSE, CA 95126-1441
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2020
—
Equestrian 3 Investments LLC
—
Deed
related
$6,779,000 · Heritage Bk/commerce
Oct 17, 2018
—
Equestrian 3 Investments LLC
—
Grant Deed
related
$2,000,000 · Heritage Bk/commerce
Aug 21, 2017
—
Linda L Lester
Lester Eva F Family Trust
Quit Claim Deed
related
—
Apr 25, 2017
—
Equestrian 3 Investments LLC
Lester,leland E
Grant Deed
related
$4,000,000 · Heritage Bk/commerce
Apr 20, 2016
—
Equestrian 3 Investments LLC
Lester Linda L 1992 Trust
Quit Claim Deed
—
Apr 29, 2015
$28,568,500
Lester,linda L 1990 Trust|lester,eva F Family Trus
Chl Ventures LP
Grant Deed
—
Oct 29, 2014
—
Chl Ventures
—
Loan Modification
related
$12,200,000 · Preferred Bk
—
—
Equestrian 3 Investments LLC
—
Loan Modification
related
$6,779,000 · Heritage Bk/commerce
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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