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Property profile & analytics
OFF-MARKET
Estimated value
$1,555,000
Apartment buildings
426 San Fernando St San Jose, CA 95110-2528
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2335084
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1904
Construction
WOOD
Total area
6,598 SF
Lot
0.14 ac (6,159 SF)
Zoning code
M1H
APN
259-45-053
UPID
US09-2335084
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.56M
Owner & transaction history
420-426 West San Fernando LLC · 7 yrs held
420-426 West San Fernando LLC
since 2019
7 recorded transactions
Zoning & alternative use
M1H · San Jose, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+7.2%
Retail stores
$2.5M
+1.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,285,000
6.5%
$2,110,000
7%
$1,960,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,415,000
Current use
OFFICE BUILDING
$2,590,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$2,455,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,950,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.71M · ±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
$236 / 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
$35,301
Tax year 2024
Assessed value
$2,138,075
Assessed 2024
Previous assessed
$2,138,075
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$1,749,832
Assessed improvement
$388,243
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
1904
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
17
Total area
6,598 SF
Lot
0.14 ac (6,159 SF)
Zoning code
M1H
APN
259-45-053
UPID
US09-2335084
Jurisdiction
SANTA CLARA
Zoning & alternative use
M1H · San Jose, CA
Zoning M1H · permitted uses
M1H · 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.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1904
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
17
Lot
0.14 ac
Current owner
From public records · entity-resolved
420-426 West San Fernando LLC
Entity
Mailing address
2382 CASTILLEJO WAY, FREMONT, CA 94539-5107
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
—
420-426 West San Fernando LLC
—
Deed
related
$3,986,323 · Conventus LLC
Dec 12, 2023
—
420 426 West San Fernando LLC
—
Deed
related
$3,850,000 · Conventus LLC
May 13, 2019
$3,500,000
420-426 West San Fernando LLC
Shank Family Living Tru
Grant Deed
$285,000 · Conventus LLC
Nov 5, 2015
—
Baggerly,john H Trust
Baggerly Barbara G Trust
Quit Claim Deed
related
—
Nov 4, 2014
—
Baggerly,j H 2014 Trust
Baggerly,john H
Quit Claim Deed
related
—
Jun 2, 2014
—
John H Baggerly
Baggerly Barbara G Trust
Quit Claim Deed
related
—
Jul 28, 2006
—
Pifferini Jeanne Living Trust
Pifferini,jeanne
Quit Claim Deed
related
—
Nov 16, 2005
—
Baggerly Barbara G Trust
Baggerly J S & B G Trust
Quit Claim Deed
related
—
Aug 5, 2002
—
Shank,tr
Shank,gayle B
Quit Claim Deed
related
—
May 3, 2001
—
Jeanne B Pifferini
Pifferini,michael J
Quit Claim Deed
related
—
Apr 3, 2001
—
Gayle B Shank
Shank,steven H
Quit Claim Deed
related
—
Mar 16, 1998
—
Jeanne B Pifferini
Pifferini,michael J
Quit Claim Deed
related
—
Feb 3, 1997
—
Baggerly Trust
John S Baggerly Trustee
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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