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Property profile & analytics
OFF-MARKET
Estimated value
$5,725,000
Apartment buildings
1990 Latham St Mountain View, CA 94040-2161
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US09-2187975
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1959
Construction
WOOD
Total area
24,504 SF
Lot
0.83 ac (35,970 SF)
Zoning code
R3-1*
APN
154-13-002
UPID
US09-2187975
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
-
Atrium Court Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.17M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.73M
Owner & transaction history
Sasaki Go SR. · 13 yrs held
Sasaki Go SR.
since 2013
7 recorded transactions
Zoning & alternative use
R3-1* · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,765,000
6.5%
$7,165,000
7%
$6,655,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,710,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$5.73M
Range $5.15M – $6.30M · ±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
$234 / 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
$121,682
Tax year 2024
Assessed value
$10,442,991
Assessed 2024
Previous assessed
$10,442,991
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$2,595,655
Assessed improvement
$7,847,336
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
3
Units
36
Total area
24,504 SF
Lot
0.83 ac (35,970 SF)
Zoning code
R3-1*
APN
154-13-002
UPID
US09-2187975
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3-1* · Mountain View, CA
Zoning R3-1* · permitted uses
R3-1* · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$8.7M
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
3
Units
36
Lot
0.83 ac
Current owner
From public records · entity-resolved
Sasaki Go SR.
Individual
Mailing address
PO BOX 536, LOS ALTOS, CA 94023-0536
Ownership since
2013
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
Jun 26, 2013
—
Sasaki Go SR.
1990 Latham Apartments LLC
Grant Deed
$6,350,000 · Jpmorgan Chase Bank NA
Jul 1, 2011
$6,250,000
1990 Latham Apartments LLC
Latham Regal Investors LLC
Grant Deed
$4,190,000 · Cbre Capital Markets INC
Aug 29, 2006
—
Latham-regal Investors LLC
Latham-regal Investors LLC
Quit Claim Deed
related
—
Nov 30, 2000
—
Latham-regal Investors LLC
Regal Properties LLC
Quit Claim Deed
related
$7,644,600 · Heller Financial
Oct 18, 2000
—
Regal Properties LLC
Vilkin,peter D
Grant Deed
related
—
Sep 11, 1997
—
Iris Apartment Investors
Web Service Co INC
Quit Claim Deed
$2,206,945 · Bay View Federal Bank
Apr 27, 1989
$2,435,000
Apartment I Iris
Corsiglia,j. Tru
Grant Deed
$1,700,000 · American Savings Bank
—
—
Latham Shapiro LLC
—
Deed Of Trust
related
$1,500,000 · Shapiro Stephen L & J Trust
—
—
Latham-regal Investors LLC
—
Deed Of Trust
related
$6,000,000 · Borel Private Bank & Trust Co
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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