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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Sports & entertainment properties
285 Main St Los Gatos, CA 95030-6106
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0020413
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1980
Construction
TILT-UP CONCRETE
Total area
22,947 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C-1
APN
529-27-018
UPID
US09-0020413
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
-
The Club at Los Gatos Gym & Fitness Center
-
CrossFit Los Gatos Gym & Fitness Center
-
Tobe Hanson Muscle Therapy HMT Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.31M
Owner & transaction history
Dswlg LLC · 8 yrs held
Dswlg LLC
since 2018
7 recorded transactions
Zoning & alternative use
C-1 · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.9M
+115.0%
Apartment house (5+ units)
$1.2M
+41.9%
Warehouse, storage
$1.1M
+30.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$865,000
Current use
INDUSTRIAL (GENERAL)
$1,860,000
Change: +115% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Change: +42% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,125,000
Change: +30% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$800,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±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
$57 / 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
$186,159
Tax year 2024
Assessed value
$15,407,826
Assessed 2024
Previous assessed
$15,407,826
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$6,892,963
Assessed improvement
$8,514,863
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
1
Total area
22,947 SF
Lot
1.12 ac (48,787 SF)
Zoning code
C-1
APN
529-27-018
UPID
US09-0020413
Jurisdiction
SANTA CLARA
Zoning & alternative use
C-1 · Los Gatos, CA
Zoning C-1 · permitted uses
C-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$865,000
INDUSTRIAL (GENERAL)
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$800,000
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Dswlg LLC
Entity
Free & Clear · 8 yrs held
Mailing address
14428 BIG BASIN WAYA, SARATOGA, CA 95070-6010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jan 29, 2018
—
Dswlg LLC
Wilson,david S & Sandra W
Quit Claim Deed
—
Jan 30, 2015
$6,000,000
David S Wilson
Joseph Ralph Gigantino JR
Grant Deed
$2,300,000 · United American Bank
Oct 30, 2008
$3,000,000
Health & Fitness Trust
Burke 2004 Living Trust
Grant Deed
$2,940,000 · Burke Family Living Trust
Dec 27, 2004
—
Burke 2004 Trust
Burke,edward & Shirley
Quit Claim Deed
related
—
Jan 27, 2004
$397,500
Edward Burke
Foley,mary A
Grant Deed
—
Jul 29, 2003
$702,000
Edward Burke
Pastrone,tr
Grant Deed
—
Jul 29, 2003
$397,500
Edward Burke
Foley,eugene F
Grant Deed
—
Jun 12, 2003
$604,000
Edward Burke
Micheal,william & Florence
Grant Deed
—
May 23, 2003
—
Edward Burke
Main Street Development
Grant Deed
related
—
Aug 21, 1989
$1,004,000
Gerald Mcgowin
Los Gatos Office
Grant Deed
related
—
—
—
Ng H.
—
Deed Of Trust
related
$150,000 · Allied 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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