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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Office buildings
1605 El Camino Real Mountain View, CA 94040-2459
Entity Owned
~
Est. High Equity
Property ID
US09-2776564
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1946
Construction
WOOD
Total area
3,663 SF
Lot
0.22 ac (9,800 SF)
Zoning code
P38
APN
189-32-077
UPID
US09-2776564
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
-
Jasmine H. Teleki, PsyD Physician Medical Clinic
-
Amenity Day Spa Spa & Massage Center Gym & Fitness Center
-
Moira Kessler, MD Physician
-
Personalized Placements Employment Agency
-
Longevity Acupuncture and Herbs Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.09M
CAP Approach
CAP
$2.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Novara Holdings LLC
Novara Holdings LLC
since 2025
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
P38 · Mountain View, 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 Mountain View submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mountain View 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
$3,145,000
ML approach
$3,090,000
CAP Approach
CAP Return
Estimation
6%
$2,290,000
6.5%
$2,115,000
7%
$1,965,000
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.70M (Jun 8 2025)
Last sale anchor
$2.70M
Jun 8 2025
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
$751 / 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
$2,627,943
Assessed 2023
Previous assessed
$2,576,416
+2.0% YoY
Assessed land
$2,501,803
Assessed improvement
$126,140
Applied tax rate
5.0000
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
1946
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
2
Units
5
Total area
3,663 SF
Lot
0.22 ac (9,800 SF)
Zoning code
P38
APN
189-32-077
UPID
US09-2776564
Jurisdiction
SANTA CLARA
Zoning & alternative use
P38 · Mountain View, CA
Zoning P38 · permitted uses
P38 · Mountain View, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mountain View. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
5
Lot
0.22 ac
Current owner
From public records · entity-resolved
Novara Holdings LLC
Entity
Mailing address
960 N CALIFORNIA AVE, PALO ALTO, CA 94303-3405
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
$2,700,000
Novara Holdings LLC
Veguard USA LLC
Grant Deed
$3,130,000 · The Duval Coluse Family Trust
Jun 9, 2020
$2,500,000
Veguard USA LLC
Garnison Properties LLC
Grant Deed
—
Dec 11, 2018
—
Garnison Properties LLC
Harrison Marital Trust
Quit Claim Deed
related
—
Nov 26, 2018
$17,000
Linda Garnett
Harrison,h W
Quit Claim Deed
related
—
Feb 13, 2017
—
Linda Garnett
Garnett,linda
Quit Claim Deed
related
—
Nov 10, 2016
—
Linda Garnett
Harrison Family Trust
Quit Claim Deed
related
—
Nov 24, 2014
—
Harrison,geraldine Trust
Harrison Family Trust
Quit Claim Deed
related
—
Mar 13, 2012
—
Harrison Trust
Harrison Family Trust
Quit Claim Deed
related
—
Apr 5, 2011
—
Geraldine L Harrison
Harrison,harold W
Affidavit Of Death
related
—
Dec 1, 1998
$620,000
Harrison Trust
Lewis,robert H & Mary C
Grant Deed
—
Nov 1, 1988
$715,000
Robert&mar Lewis
Fidelity Exchang
Grant Deed
$375,000 · American 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.
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