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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Apartment buildings
776 El Cerrito Way Gilroy, CA 95020-4150
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0098720
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
6,354 SF
Lot
0.32 ac (13,860 SF)
Zoning code
R3
APN
790-23-004
UPID
US09-0098720
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
-
Mary kay Olga Cruz Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$713k
Blend (final)
Blend
$970k
Owner & transaction history
Gill & Sharma Properties LLC · 1 yrs held
Gill & Sharma Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
R3 · Gilroy, 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 Gilroy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gilroy 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±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
$153 / 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
$17,957
Tax year 2024
Assessed value
$1,442,181
Assessed 2024
Previous assessed
$1,442,181
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$399,770
Assessed improvement
$1,042,411
Applied tax rate
2.0000
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
1969
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
2
Units
7
Total area
6,354 SF
Lot
0.32 ac (13,860 SF)
Zoning code
R3
APN
790-23-004
UPID
US09-0098720
Jurisdiction
SANTA CLARA
Zoning & alternative use
R3 · Gilroy, CA
Zoning R3 · permitted uses
R3 · Gilroy, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gilroy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
7
Lot
0.32 ac
Current owner
From public records · entity-resolved
Gill & Sharma Properties LLC
Entity
Mailing address
1019 REED AVE, SUNNYVALE, CA 94086-6806
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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 30, 2024
—
Gill & Sharma Properties LLC
Kumar Sharma Ashvani
Grant Deed
$1,000,000 · Cathay Bank A Californi
Jun 3, 2014
$2,400,000
Kumar Sharma Ashvani
Sherman N Tran
Grant Deed
$1,500,000 · Wells Fargo Bank NA
Jan 19, 2012
—
Tran Sherman N Tr
Janini Beverly
Grant Deed
related
—
Jan 13, 2012
—
Jung Family Trust
Jung Family Trust
Quit Claim Deed
related
—
Jan 13, 2012
$1,675,000
Tran Sherman N Trust
Jung Family Trust
Grant Deed
$1,088,750 · Sterling Savings Bank
Dec 30, 2011
—
Jung Family Trust
Jung Family Trust
Quit Claim Deed
related
—
Jan 9, 2007
$1,250,000
Tony K M Yu
Toste Stephen A
Grant Deed
—
Jan 9, 2007
—
Wilson Jung
Jung,christine A
Quit Claim Deed
related
—
Apr 19, 2005
—
Toste Stephen A Tr
Toste,steve A
Quit Claim Deed
related
—
Feb 10, 2005
$1,050,000
Steve A Toste
Miller 1989 Trust
Grant Deed
$735,000 · Santa Barbara Bank & Trust
Mar 16, 2000
—
Miller Trust
Miller,scott H & Sheryl M
Quit Claim Deed
related
—
—
—
Scott H Miller
—
Deed Of Trust
related
$30,000 · Miller Trust
—
—
Scott H Miller
—
Deed Of Trust
related
$750,000 · American Savings Bank
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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