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Property profile & analytics
OFF-MARKET
Office buildings
401 Alberto Way Los Gatos, CA 95032-5404
Entity Owned
~
Est. High Equity
Property ID
US09-3108698
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1966
Construction
WOOD
Total area
3,766 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CH
APN
529-23-018
UPID
US09-3108698
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
-
Janet E. Kraemer, PHD Physician
-
The Center for Sensorial Bodywork & Movement Therapy Wellness Program
-
Thrive Family Therapy Marriage Or Relationship Counselor Family Counselor
-
Fredkin Susan Family Counselor
-
Marci Schwartz Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
405 Alberto Lg LLC
405 Alberto Lg LLC
since 2026
Last sale
$129,000
7 recorded transactions
Zoning & alternative use
CH · Los Gatos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e : Downtown Residential Zone R-D Zone : Residential Duplex Zone R-M Zone : Multi-Family Residential Zone O Zone : Office Zone C-1 Zone : Neighborhood Commercial Zone C-2 Zone : Central Business District Commercial Zone CH Zone : Restricted Highway Commercial Zone CM Zone : Controlled Manufacturing Zone LM Zone : Commercial-Industrial Zone RC Zone : Resource…
Zone name
Restricted Commercial Highway
General category
COMMERCIAL
Zone area
48.30 ac
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
—
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
$10,936,460
Assessed 2023
Previous assessed
$10,722,020
+2.0% YoY
Assessed land
$10,936,460
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
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Units
1
Total area
3,766 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CH
APN
529-23-018
UPID
US09-3108698
Jurisdiction
SANTA CLARA
Zoning & alternative use
CH · Los Gatos, CAZoning 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
Zoning description
e : Downtown Residential Zone R-D Zone : Residential Duplex Zone R-M Zone : Multi-Family Residential Zone O Zone : Office Zone C-1 Zone : Neighborhood Commercial Zone C-2 Zone : Central Business District Commercial Zone CH Zone : Restricted Highway Commercial Zone CM Zone : Controlled Manufacturing Zone LM Zone : Commercial-Industrial Zone RC Zone : Resource Conservation Zone Conditional Use Permit Table - To determine if a business is co
Zone name
Restricted Commercial Highway
General category
COMMERCIAL
Zone area
48.30 ac
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
2.14 ac
Current owner
From public records · entity-resolved
405 Alberto Lg LLC
Entity
Mailing address
535 MIDDLEFIELD RD STE #190, MENLO PARK, CA 94025-3466
Ownership since
2026
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
Apr 29, 2026
$11,750,000
405 Alberto Lg LLC
Sb Real Estate Holding LLC
Grant Deed
$11,250,000 · Stearns Bank
Feb 26, 2026
—
Total Lender Solutions INC
Stearns Bank National Association
Quitclaim Deed
—
Aug 25, 2025
$11,400,000
Sb Real Estate Holding LLC
Total Lender Solutions INC
Deed
related
—
Aug 20, 2025
$11,400,000
Stearns Bank National Association
Lpg 405 Alberto Way Residential LLC
Trust Deed
related
—
Mar 20, 2023
$129,000
Lpg 405 Alberto Way Residential LLC
LP Acquisitions LLC
Grant Deed
$12,045,000 · Stearns Bank NA
Nov 1, 2017
$10,000,000
LP Acquisitions LLC
Cwa Realty
Grant Deed
$7,800,000 · Keystone Real Estate Lending Fund L
Jan 26, 2015
—
LP Acquisitions LLC
Cwa Realty
Grant Deed
—
Jul 6, 2005
—
Clarizio Lily Trust
Clarizio,lily
Quit Claim Deed
related
—
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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