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Property profile & analytics
OFF-MARKET
Estimated value
$21,125,000
Apartment buildings
1898 Senter Rd San Jose, CA 95112-2503
Entity Owned
~
Est. High Equity
Property ID
US09-1898149
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2008
Construction
WOOD
Total area
128,073 SF
Lot
2.5 ac (108,900 SF)
Zoning code
APD
APN
477-20-162
UPID
US09-1898149
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
-
King's pool & spa tech. Swimming Pool Hardware & Home Improvement
-
Maestra alice y su guitarra Training Center
-
Paseo Senter Housing Development Housing Association
-
Native Door Networking (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.13M
Owner & transaction history
Psi Rehab LP
Psi Rehab LP
since 2025
7 recorded transactions
Zoning & alternative use
APD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$165 / 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
$56,723
Tax year 2024
Assessed value
$20,130,002
Assessed 2024
Previous assessed
$20,130,002
+0.0% YoY
Effective rate
0.28%
On assessed value
Assessed land
$6,848,338
Assessed improvement
$13,281,664
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
2008
Construction
WOOD
Heating
CENTRAL
Cooling
YES
Stories
4
Units
117
Total area
128,073 SF
Lot
2.5 ac (108,900 SF)
Zoning code
APD
APN
477-20-162
UPID
US09-1898149
Jurisdiction
SANTA CLARA
Zoning & alternative use
APD · San Jose, CA
Zoning APD · permitted uses
APD · 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.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
4
Units
117
Lot
2.5 ac
Current owner
From public records · entity-resolved
Psi Rehab LP
Entity
Mailing address
1400 PARKMOOR AVE STE #190, SAN JOSE, CA 95126-4893
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 25, 2025
$22,000,000
Psi Rehab LP
Paseo Senter LP
Grant Deed
$21,900,000 · First Citizens Bank & Trust Co
Jul 25, 2025
—
Psi Rehab LP
—
Deed
related
$14,653,625 · Department Of Housing And Community Deve
Sep 18, 2012
—
Paseo Senter LP
—
Deed Of Trust
related
$10,500,000 · Department Of Hsng & Cmnty
Jun 12, 2009
—
Paseo Senter
—
Deed Of Trust
related
$10,500,000 · Department Of Hsng & Cmnty
May 11, 2009
—
Paseo Senter
City Of San Jose
Quit Claim Deed
related
—
Aug 27, 2004
—
Paseo Senter
Synergy Properties LLC
Grant Deed
$200,000 · San Jose City (ca)
—
—
Paseo Senter
—
Deed Of Trust
related
$350,000 · Santa Clara County (ca)
—
—
Paseo Senter
—
Deed Of Trust
related
$250,000 · Santa Clara County (ca)
—
—
Paseo Senter
—
Deed Of Trust
related
$200,000 · San Jose City (ca)
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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