Property profile

498 Boynton Ave San Jose, CA 95117

OFF-MARKET
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Property ID
US09-1630438
31,807 SF 1.54 ac Built 1973
Last sale Oct 2022·$14,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

Pacific Terrace West is a 46-unit multifamily apartment community located at 498 Boynton Ave in San Jose. The property has had completed improvements including a seismic retrofit, double-pane windows, and an upgraded clubhouse. It is a maintained apartment community with potential for additional upgrades within unit interiors and common-area amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$199k
Tax billed · 2024
Assessed value$14.71M
Assessed land$10.91M
Assessed improvement$3.80M
Effective rate1.35%

Value estimate

· Nov 2026
$11.77M
$10.59M – $12.95M
AI approach$7.92M
CAP approach$10.18M
Submarket $/SF estimate$14.92M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$312/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$180 – $469

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3
JurisdictionSANTA CLARA

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply13.9
Pharmacy13.5
Plumbing Service9.7

Location

498 Boynton Ave San Jose, CA 95117-1483
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1380 Lexington, San Jose, CA 95117-3768 $22,750,000 Apr 2025 18,272 SF
1370 Lexington, San Jose, CA 95117-3767 $22,750,000 Apr 2025 18,272 SF
1360 Lexington, San Jose, CA 95117-3766 $22,750,000 Apr 2025 18,272 SF
975 Boynton, San Jose, CA 95117-2028 $14,444,000 Aug 2023 34,144 SF
1175 Ranchero, San Jose, CA 95117-3173 $15,380,000 Apr 2023 45,385 SF
1120 Ranchero, San Jose, CA 95117-3170 $3,562,500 Dec 2022 21,197 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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