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Property profile & analytics
FOR SALE
Specialty properties
2021 Alum Rock Ave San Jose, CA 95116
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1242733
For Sale
1 / 2
$3,500,000
2021 Alum Rock Ave, San Jose, CA 95116
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1930
Total area
2,828 SF
Lot
0.17 ac (7,405 SF)
Zoning code
LI
APN
481-07-023
UPID
US09-1242733
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
-
Lily's Bar & Night Club Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Gbd Commercial Investments LLC · 3 yrs held
Gbd Commercial Investments LLC
since 2023
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
LI · 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
Method
Estimation
Statistic approach
$2,445,000
ML approach
$2,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±10% · vs last sale $2.70M (Jun 26 2023)
Last sale anchor
$2.70M
Jun 26 2023
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
$909 / 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
$37,240
Tax year 2024
Assessed value
$2,754,000
Assessed 2024
Previous assessed
$2,754,000
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$1,734,000
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
For Sale
Year built
1930
Heating
NONE
Cooling
EVAPORATIVE
Total area
2,828 SF
Lot
0.17 ac (7,405 SF)
Zoning code
LI
APN
481-07-023
UPID
US09-1242733
Jurisdiction
SANTA CLARA
Zoning & alternative use
LI · San Jose, CA
Zoning LI · permitted uses
LI · 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
1930
Heating
NONE
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gbd Commercial Investments LLC
Entity
Mailing address
3400 DUTCH FLT CT, MODESTO, CA 95354-3377
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 26, 2023
$2,700,000
Gbd Commercial Investments LLC
Thoa Thi Pham Hong
Grant Deed
$2,600,000 · Celtic Bank Corporation
Jun 26, 2023
—
Gbd Commercial Investments LLC
—
Deed
related
$160,000 · Hong Thoa Thi Pham Revocable Trust
Sep 23, 2022
—
Thoa Thi Pham Hong
—
Deed
related
$570,000 · Zb NA
Jun 11, 2018
—
Fernandez Family Living Trust
Fernandez,j Jesus & Virginia
Quit Claim Deed
related
—
Jun 11, 2018
$900,000
Pham,hong T T Trust
Fernandez Fam L/tr
Grant Deed
$800,000 · Fernandez Family L/tr (lt)
Sep 18, 2000
—
Fernandez Trust
Fernandez,jesus & Virginia
Quit Claim Deed
related
—
Aug 9, 1991
$227,000
Fernandez J
Negrete,l.
Grant Deed
$50,000 · Individual
—
—
Lily A Negrete
—
Deed Of Trust
related
$56,000 · Individual
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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