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Property profile & analytics
FOR LEASE
Office buildings
16400 Lark Ave Los Gatos, CA 95032
Entity Owned
20-yr Hold
Free & Clear
Property ID
US10-2980583
For Lease
1 / 2
$9,480,000
16400 Lark Ave, Los Gatos, CA 95032
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Construction
WOOD
Total area
24,000 SF
Lot
0.91 ac (39,639 SF)
Zoning code
CH
APN
424-18-042
UPID
US10-2980583
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
-
Equilibrio Body Gym & Fitness Center
-
Loree Pinnavaia, DC Alternative Medicine Practice
-
Equilibrio Health Physician
-
Silicon Valley Properties Property Management Company
-
Farzaneh Tabrizi MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.48M
Owner & transaction history
Silicon Valley Properties · 20 yrs held
Silicon Valley Properties
since 2005
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$395 / 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
$7,016,861
Assessed 2023
Previous assessed
$6,068,999
+15.6% YoY
Assessed land
$2,979,154
Assessed improvement
$4,037,707
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
For Lease
Year built
1984
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
3
Units
10
Total area
24,000 SF
Lot
0.91 ac (39,639 SF)
Zoning code
CH
APN
424-18-042
UPID
US10-2980583
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
1984
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Units
10
Lot
0.91 ac
Current owner
From public records · entity-resolved
Silicon Valley Properties
Entity
Free & Clear · 20 yrs held
Mailing address
16400 LARK AVE STE #400, LOS GATOS, CA 95032-2564
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2005
—
Silicon Valley Properties
Moayed-tabrizi Trust
Grant Deed
—
Aug 12, 2004
—
Moayed-tabrizi,tr
Moayed-tabrizi,tr
Quit Claim Deed
related
—
Oct 15, 2003
$5,100,000
Moayed,tr
Dzf Properties LLC
Grant Deed
$2,550,000 · Bridge Bank NA
Apr 13, 2001
—
Dzf Properties LLC
Valentine Investments LLC
Grant Deed
related
—
Sep 19, 2000
—
Valentine Investments LLC
—
Deed Of Trust
related
$1,100,000 · Mid Peninsula Bank
Jul 26, 2000
—
Roberts Trust
Roberts,lynn W
Quit Claim Deed
related
—
Apr 8, 1999
$1,629,000
Roberts Trust
Stratton/ Wilson Investments
Grant Deed
—
Sep 10, 1998
—
Stratton/wilson Investments Ll
Flamingo Consolidated
Grant Deed
related
—
Feb 21, 1997
$561,000
Paul R Cipriano Trustee
16400 Lark Ave Ltd
Grant Deed
—
Apr 17, 1996
$2,175,000
16400 Lark Ave Partnership
Kelez,robert W
Trustees Deed
—
Apr 17, 1996
—
Robert W Kelez
Kelez,anita
Quit Claim Deed
related
—
Jun 29, 1990
—
Robert Kelez
Investment Prope
Grant Deed
related
—
—
—
Francis Oaks I LLC
—
Deed Of Trust
related
$3,260,000 · Cupertino National Bank
—
—
Dzf Properties LLC
—
Deed Of Trust
related
$100,000 · Cupertino Nat'l Bank & Trust
—
—
Dzf Properties LLC
—
Deed Of Trust
related
$800,000 · Rmrf Enterprises INC
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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