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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Apartment buildings
642 Kirkland Dr Sunnyvale, CA 94087-5734
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-2379763
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1961
Construction
WOOD
Total area
6,595 SF
Lot
0.23 ac (10,010 SF)
Zoning code
R3
APN
323-35-032
UPID
US09-2379763
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
$2.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
Ami Desai
Ami Desai
since 2026
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
R3 · Sunnyvale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+33.8%
Retail stores
$3.7M
+19.8%
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 Sunnyvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunnyvale 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%
$2,325,000
6.5%
$2,145,000
7%
$1,990,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$3,105,000
Current use
OFFICE BUILDING
$4,155,000
Change: +34% · Conversion: Moderate
RETAIL STORES
$3,725,000
Change: +20% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,030,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±10% · vs last sale $3.43M (Jan 9 2026)
Last sale anchor
$3.43M
Jan 9 2026
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
$385 / 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
$41,811
Tax year 2024
Assessed value
$3,597,811
Assessed 2024
Previous assessed
$3,597,811
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,321,169
Assessed improvement
$1,276,642
Applied tax rate
9.0000
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
1961
Construction
WOOD
Heating
NONE
Cooling
NONE
Stories
2
Units
8
Total area
6,595 SF
Lot
0.23 ac (10,010 SF)
Zoning code
R3
APN
323-35-032
UPID
US09-2379763
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3 · Sunnyvale, CA
Zoning R3 · permitted uses
R3 · Sunnyvale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sunnyvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$3.1M
OFFICE BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.0M
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
1961
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
8
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ami Desai
Individual
Mailing address
21827 TER DR, CUPERTINO, CA 95014-4776
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jan 9, 2026
$3,425,000
Ami Desai
Sharone Zehavi
Grant Deed
—
Jul 9, 2021
—
Sharone Zehavi
—
Deed
related
$1,420,000 · First Republic Bank
Jan 27, 2016
$3,100,000
D&s Zehavi Living Trust
Joseph Wong
Grant Deed
$1,600,000 · First Republic Bank
Apr 9, 2009
—
Wong Joseph Living Trust
Wong,chen-lin
Quit Claim Deed
related
—
May 14, 1991
$768,000
Chen Lin Me Wong
Chen,s.&y.
Grant Deed
related
—
Feb 1, 1990
$665,000
Shi Chen
Exchange Advanta
Grant Deed
$400,000 · World Savings & Loan
—
—
Zehavi,d & S Living Trust
—
Deed Of Trust
related
$1,600,000 · First Republic Bk
—
—
Wong Joseph & S Living Trust
—
Deed Of Trust
related
$200,000 · Bank Of The West
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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