Santa Clara County  »  95110  »  Almaden Blvd  »  488 Almaden Blvd

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

Also known as: 488 Almaden Blvd

Property image for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110
static Mapbox map

Property type

Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings) (59)

Year built

2001

Acreage

1.4

Sale price

$153,700,000

General Information

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

Owner

Find out who owns Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110. Uncover corporate and individual owners with a free account.

Sales
Sale date
05/21/2021
Sale price
$153,700,000
Arm's length
Tax
Tax year
2025-2026
Property tax
$2,009,581
Building
Property type
Offices, High-Rise Office Buildings, Banks and Clinics (Category Also Includes Parking for Existing Office Buildings)
Building sq. ft.
381,000
Stories
17
Year built
2001
Lot
Acreage
1.4
Lot sq. ft.
60,819
Zoning & use
Zoning
Qualified opportunity zone
Units
1

Area overview

Walk score
88 /100.  Very Walkable
Transit score
68 /100.  Good Transit
Bike score
93 /100.  Biker's Paradise

Ownership information for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110

Sale date Sale price Buyer name Seller name
05/21/2021 $153,700,000 XXX XXXXXXX XXXXX XXX XXXXXX XXXXXXX XXX
09/16/2010 $52,800,000 XXXXXX XXXXXXX XXX; XXXXXX XXX XXX XXX XXXXXXX XXX; XXXXXX XXXXXXX XXXX

*Most recent sales on record for this property.

More about Santa Clara County property records.

Title documents

Date Type Amount Party 1 Party 2
05/19/2025 Ucc - Financing Statement - Assignment XXXX XXXX XXX XXX XXXXXX XX XXXXX XXX XXXXXX X
05/19/2025 Assignment of Rents and Leases XXX XXXXXXX XXXXX XXX XXXXXX XX XXXXX XXX XXXXXX X
05/19/2025 Assignment Deed of Trust XXX XXXXXXX XXXXX XXX XXXXXX XX XXXXX XXX XXXXXX X
05/15/2025 Ucc - Financing Statement - Termination XXXX XXXX XXX XXX XX XXXXXX XXXX XX XXXXXXXX
05/15/2025 Ucc - Financing Statement - Termination XXXX XXXX XXX XXX XXX XXXXXXX XXXXX XXX
05/15/2025 Reconveyance
Substitution Trustee
XXX XXXXXXX XXXXX XXX XXXX XXXX XXX XXX
05/15/2025 Grant Deed XXX XXXXXXX XXXXX XXX XXXXX XXXXX XXXXXX XXXXXXXXXXXXXX XXXXXXXXX
10/11/2022 Assignment of Rents and Leases XXX XXXXXXX XXXXX XXX XXXX XXXX XXX XXX
10/11/2022 Agreement
Amendment/Modification Deed of Trust
Assignment of Rents and Leases
Fixture Filing
XXX XXXXXXX XXXXX XXX XXXX XXXX XXX XXX
07/23/2021 Assignment XXXXXX XX XXXXX XXX XXXXXX X XXXX XXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$2,009,581
Recent tax assessments
Market value
$166,369,821
Land value
$52,714,445
Building value
$113,655,376

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y 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%
2020-2021 $154,385,358 1.1637 $1,796,582 +0.89%
2019-2020 $152,855,960 1.165 $1,780,772 -0.38%
2018-2019 $151,542,787 1.1796 $1,787,599 -1.06%
2017-2018 $151,106,621 1.1957 $1,806,721 +1.57%
2016-2017 $146,750,241 1.2121 $1,778,760 -2.13%

Permit information for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA

Issued date Permit number Permit type Sub type Valuation Finaled date Status
07/20/2026
02/12/2025
07/05/2023
03/02/2022
11/06/2021

*Most recent permits on record for this property.

Demographics by ZIP code

Total population
19,963
Median age
35.3
Average household income
$169,632
Family households
57.4%
People per household (average)
2.72
Occupied housing units
6,791
Owner-occupied units
40.1%
Median year structure built
1985
Median value mortgaged units
$1,026,400
Median value unmortgaged units
$889,400

Risk

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FEMA flood zones

FEMA flood zones
0.2
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110?

The development at Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 was built in 2001.

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

The current market value of Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 is $166,369,821.

What is the total square footage of Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110?

Sobrato Office Tower - 488 Almaden Boulevard, San Jose, CA 95110 has a total of 381,000 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

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