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Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 Property Information

Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110
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Address

Primary address 488 Almaden Boulevard, San Jose
Zip code 95110
County Santa Clara
Neighborhood Downtown San Jose
Parcel ID 264-28-171

Sales & Tax Overview for 488 Almaden Boulevard, San Jose

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 05/21/2021
Sale price $153,700,000
Arm's length
Property tax $2,009,581

Lot & Building Information for 488 Almaden Boulevard, San Jose

Building sqft 381,000
Building class Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)
Acreage 1.4
Lot sqft 60,819
Units 1
Year built 2001
Stories 17
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district

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Other Property Data for 488 Almaden Boulevard, San Jose

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About 488 Almaden Boulevard, San Jose

How many square feet does Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 have?

This Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59) located at Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 has a total of 381,000 square feet.

What is the year built & the current market value of Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110?

Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 was built in 2001 and has a current tax assessor's market value of $166,369,821.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 488 Almaden Boulevard, San Jose

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Purchase date Purchase price Buyer name Seller name
05/21/2021 $153,700,000
09/16/2010 $52,800,000
       
       
       
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Title Documents for 488 Almaden Boulevard, San Jose

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
05/19/2025 Ucc - Financing Statement - Assignment
05/19/2025 Assignment of Rents and Leases
05/19/2025 Assignment Deed of Trust
05/15/2025 Ucc - Financing Statement - Termination
05/15/2025 Ucc - Financing Statement - Termination
05/15/2025 Reconveyance
Substitution Trustee
05/15/2025 Grant Deed
10/11/2022 Assignment of Rents and Leases
10/11/2022 Agreement
Amendment/Modification Deed of Trust
Assignment of Rents and Leases
Fixture Filing
07/23/2021 Assignment
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R: Recorded date
D: Document date

Property Taxes for 488 Almaden Boulevard, San Jose

Access detailed property tax data for Sobrato Office Tower - Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax $2,009,581
Market value $166,369,821

Assessment History for 488 Almaden Boulevard, San Jose

Here's the assessment & property tax history for 488 Almaden Boulevard, San Jose, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $166,369,821 1.2079 $2,009,581 +7.38%
2024-2025 $163,107,669 1.1474 $1,871,497 +1.50%
2023-2024 $159,909,480 1.1531 $1,843,916 -0.59%
2022-2023 $159,072,514 1.1661 $1,854,945 +5.74%
2021-2022 $149,639,199 1.1723 $1,754,220 -2.36%

Permits for 488 Almaden Boulevard, San Jose

The complete history of permits filed for 488 Almaden Boulevard, San Jose, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Status
02/12/2025
07/05/2023
03/02/2022
11/06/2021
10/14/2021
07/14/2021
03/19/2021
08/22/2017
08/30/2016
08/09/2016
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Demographics by Zip Code

Total population 19,963
Median age 35.3
Average household income $169,632
Family households 57.4%
Occupied housing units 6,791
Owner occupied units 40.1%
Average number of people per household 2.72
Median year structure built 1985
Median value for units with a mortgage $1,026,400
Median value for units without a mortgage $889,400

Risk

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FEMA flood zone(s) 0.2 (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

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Neighbors for 488 Almaden Boulevard, San Jose

Here are the neighbors for Sobrato Office Tower - 488 Almaden Boulevard, San Jose.

Address Square feet Purchase date Purchase price
366 Meridian Ave, San Jose 01/11/2013 $495,000
372 Meridian Ave, San Jose 09/07/2017 $783,000
370 Meridian Ave, San Jose 02/05/2010 $475,000
52 Ryland Park Way, San Jose 05/12/2009
378 Meridian Ave, San Jose 11/19/2021 $975,000
1032 Keeble CT, San Jose 01/10/2019
1465 Alegria Loop, San Jose 09/27/2002 $448,000
1484 Alegria Loop, San Jose 02/27/2019
384 Meridian Ave, San Jose 05/14/2021 $945,000
364 Meridian Ave, San Jose 08/31/2012
1395 Auzerais Ave, San Jose 09/21/2001 $278,500
357 Race St, San Jose 08/09/2022 $1,030,000
359 Race St, San Jose 10/13/2023 $1,100,000
1481 Alegria Loop, San Jose 01/02/2020 $810,000
1472 Alegria Loop, San Jose 03/26/2020 $900,000
1468 Alegria Loop, San Jose 01/14/2003 $432,500
1393 Auzerais Ave, San Jose 10/19/2021 $760,000
670 Lincoln Ave, San Jose 50,000 01/02/2002 $11,636,000
1025 Keeble CT, San Jose 04/26/2024 $1,232,000
21 S Keeble Ave, San Jose 07/21/2016

Nearby ZIP Codes for 488 Almaden Boulevard, San Jose

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