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Property profile & analytics
OFF-MARKET
Estimated value
$12,975,000
Office buildings
4970 El Camino Real Los Altos, CA 94022-1460
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3353765
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
TILT-UP CONCRETE
Total area
19,353 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CT
APN
170-64-120
UPID
US09-3353765
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
-
Los Altos Software Testing House (Bike/Boat/Book/etc) Store Corporate Office
-
Interstate Equities Corporation Real Estate Agency
-
Milestone Financial LLC Loan Service Bank
-
Yap TV (Bike/Boat/Book/etc) Store Corporate Office
-
Crimson Consulting Group Inc Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.17M
Comparable Approach
Comparable
$15.23M
Blend (final)
Blend
$12.98M
Owner & transaction history
4970 El Camino LLC · 6 yrs held
4970 El Camino LLC
since 2019
7 recorded transactions
Zoning & alternative use
CT · Los Altos, 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 Los Altos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Los Altos 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%
$12,105,000
6.5%
$11,170,000
7%
$10,375,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$19,890,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$12.98M
Range $11.68M – $14.27M · ±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
$670 / 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
$145,212
Tax year 2024
Assessed value
$12,651,982
Assessed 2024
Previous assessed
$12,651,982
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$10,775,630
Assessed improvement
$1,876,352
Applied tax rate
11.0000
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
2
Units
10
Total area
19,353 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CT
APN
170-64-120
UPID
US09-3353765
Jurisdiction
SANTA CLARA
Zoning & alternative use
CT · Los Altos, CA
Zoning CT · permitted uses
CT · Los Altos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Los Altos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.9M
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
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
10
Lot
0.77 ac
Current owner
From public records · entity-resolved
4970 El Camino LLC
Entity
Mailing address
171 1ST ST #259, LOS ALTOS, CA 94022-2707
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2019
$11,800,000
4970 El Camino LLC
4970 El Camino Real Venture
Grant Deed
$2,971,731 · Miscellaneous Ins Co
Nov 16, 2018
—
4970 El Camino Real Venture Ll
—
Deed
related
$3,000,000 · Miscellaneous Ins Co
Nov 1, 1996
—
El Camino Real Venture 4970
Emif Properties No 1 LP
Grant Deed
related
—
Oct 23, 1995
$1,716,000
Emif Properties 1 LP
Emif California LP
Grant Deed
related
$1,716,000 · Eastrich Multiple Investor Fun
Nov 16, 1993
—
Emif Calif LP
Petterson,dale L
Grant Deed
related
—
—
—
4970 El Camino Real Venture Ll
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
—
—
4970 El Camino Real Venture Ll
—
Deed Of Trust
related
$1,700,000 · Ameritas Life Insurance Corp
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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