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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Office buildings
518 Santa Cruz Ave Los Gatos, CA 95030-4323
Entity Owned
20-yr Hold
Free & Clear
Property ID
US09-1738561
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1920
Construction
WOOD
Total area
616 SF
Lot
0.71 ac (31,000 SF)
Zoning code
C2
APN
529-07-081
UPID
US09-1738561
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
-
JR Banderas Real Estate Agency
-
Intero Real Estate Services Real Estate Agency
-
Heather Crane - Intero Real Estate Services Real Estate Agency
-
Lauren Proctor, Intero Real Estate Services Real Estate Agency
-
Susie Mize, Intero Real Estate Services Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
518 North Santa Cruz Ave LLC · 20 yrs held
518 North Santa Cruz Ave LLC
since 2006
7 recorded transactions
Zoning & alternative use
C2 · Los Gatos, 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 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
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$1,047 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$4,783,038
Assessed 2023
Previous assessed
$4,689,254
+2.0% YoY
Assessed land
$2,405,185
Assessed improvement
$2,377,853
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
1920
Construction
WOOD
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
1
Total area
616 SF
Lot
0.71 ac (31,000 SF)
Zoning code
C2
APN
529-07-081
UPID
US09-1738561
Jurisdiction
SANTA CLARA
Zoning & alternative use
C2 · Los Gatos, CA
Zoning C2 · permitted uses
C2 · 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.
Building & site characteristics
From public records
Year built
1920
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
518 North Santa Cruz Ave LLC
Entity
Free & Clear · 20 yrs held
Mailing address
2068 NE KATSURA ST, ISSAQUAH, WA 98029-7658
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2006
—
518 North Santa Cruz Ave LLC
Owner,record
Grant Deed
related
—
Oct 27, 2003
$560,000
Eugene A Blefari
Lakewood Holdings INC
Grant Deed
$300,000 · Lakewood Holdings INC
Dec 12, 2002
$1,700,000
Lakewood Holdings INC
Kenneth M Blackwell INC
Grant Deed
related
—
Sep 19, 1997
$1,100,000
Kenneth M Blackwell INC
Anderson,leonard C
Grant Deed
—
Mar 9, 1995
—
Leonard C Anderson
Anderson,pamela J
Quit Claim Deed
related
$120,000 · Intergovernmental Investment
—
—
Leonard C Anderson
—
Deed Of Trust
related
$50,000 · Individual
—
—
518 North Santa Cruz Avenue Ll
—
Deed Of Trust
related
$1,808,835 · Bridge Bank NA
—
—
Leonard C Anderson
—
Deed Of Trust
related
$365,000 · E F Foley & Co INC
—
—
Leonard C Anderson
—
Deed Of Trust
related
$16,772 · Individual
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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