345 Park Ave, San Jose, CA 95110 – Office Building Low Rise 1 - 4 stories

OfficeYear Built 1996Total Assessed Value $132,848,314County Santa Clara

Property Details

The Office property 345 Park Ave, San Jose, CA 95110 is located in Santa Clara County. The specific property type is Office Building Low Rise 1 - 4 stories. The total assessed value of this property is $132,848,314.

The gross building area is 350,000 square feet and the land area is 91,128 square feet for this Office Building Low Rise 1 - 4 stories built in 1996.

Legal description: City/Muni/Twp:San Jose

Market Value

7.15%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeOffice

Sub Property TypeOffice Building Low Rise 1 - 4 stories

Building Area350,000

Land Size91,128

Land Value$10,946,010

Improved Value$121,902,304

Total Assessed Value$132,848,314

Year Built1996

County NameSanta Clara

Account Number259-44-085

Cap Rate7.15%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningYes

HeatingNone

Type ConstructionSteel

No of Stories18

Number of Units100

Elevator

Sales History

8/11/2014

Arms-lengthNot Disclosed

Buyer

Adobe Systems Inc

Seller

Smbc Leasing & Finance Inc

Book Number

2014.22674560

Recording Date

8/11/2014

Transaction Details

Adobe Systems Inc acquired the property from Smbc Leasing & Finance Inc through a Arms-length transaction on 8/11/2014 for .

7/24/2008

Arms-lengthNot Disclosed

Buyer

Adobe Systems Inc

Seller

The Redevelopment Agency Of The City Of

Book Number

2008.19933228

Recording Date

7/24/2008

Transaction Details

Adobe Systems Inc acquired the property from The Redevelopment Agency Of The City Of through a Arms-length transaction on 7/24/2008 for .

Property constructed in 1996

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$10,946,010	$121,902,304	$132,848,314	-	Adobe Systems Inc	-	City/Muni/Twp:San Jo...	-	-	91,128	350,000
2024	$10,731,383	$124,690,774	$135,422,157	-	Adobe Systems Inc	-	CITY/MUNI/TWP:SAN JO...	-	-	91,128	350,000
2023	$10,520,964	$124,885,125	$135,406,089	$135,406,089	Adobe Systems Inc	345 Park Ave	CITY/MUNI/TWP:SAN JO...	-	-	91,128	350,000
2022	$10,314,671	$123,350,327	$133,664,998	$133,664,998	Adobe Systems Inc	345 Park Ave	City/Muni/Twp:San Jo...	-	-	91,128	350,000
2019	$9,812,484	$132,132,798	$141,945,282	-	Adobe Systems Inc	345 Park Ave	-	-	-	91,115	350,000
2018	$9,620,083	$132,930,775	$142,550,858	-	Adobe Systems Inc; C...	345 Park Ave	-	-	-	91,115	350,000
2017	$9,431,454	$111,865,125	$121,296,579	-	Adobe Systems Inc; C...	345 Park Ave	-	-	-	91,115	350,000
2016	$9,246,524	$88,562,805	$97,809,329	-	Adobe Systems Inc; C...	345 Park Ave	-	-	-	91,115	350,000
2015	$9,107,633	$79,277,182	$88,384,815	-	Adobe Systems Inc	345 Park Ave	-	-	-	91,115	350,000

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Rent & Occupancy

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Comparables

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	345 Park Ave, San Jose, CA 95110	—	-	91,128	1996	350,000	$ 132,848,314	$ 10,946,010	-
Avatar Sj Dev 2 Llc	77 N 4th St, San Jose, CA 95112	09/24/2025	$ 13,920,000	18,953	1922	9,453	$ 9,883,800	$ 9,857,790	-
Bpc Lending I Llc	486 W San Carlos St, San Jose, CA 95110	08/25/2025	$ 112,500,000	10,119	1957	9,936	$ 3,746,064	$ 3,746,064	Uc Madera Owner Llc
West Coast Community Bank	1098 Lincoln Ave, San Jose, CA 95125	07/05/2025	$ 6,500,000	22,198	2021	1,705	$ 11,118,474	$ 2,739,474	Willow Glen Hq Llc
Standard Insurance Company	85 Notre Dame Ave, San Jose, CA 95113	06/09/2025	$ 2,400,000	16,653	1951	3,000	$ 1,229,582	$ 1,229,582	Green Valley Corporation
Standard Insurance Company	99 Notre Dame Ave, San Jose, CA 95113	06/09/2025	$ 2,400,000	8,930	0	-	$ 1,746,414	$ 312,722	Green Valley Corporation
Us Bank National Association	320 S 3rd St, San Jose, CA 95112	04/23/2025	$ 1,618,500	6,303	1950	5,080	$ 863,799	$ 329,671
Gtfy Capital Management Llc	798 N 1st St, San Jose, CA 95112	03/18/2025	$ 600,000	14,100	1963	5,698	$ 3,025,000	$ 1,270,000	Valuable Capital Investment Li
Corevest American Fin Lndr Llc	499 Park Ave, San Jose, CA 95110	01/13/2025	$ 435,000	2,200	0	-	$ 50,015	$ 44,388	499 Park Ave Llc
United Wholesale Mortgage Llc	876 Chestnut St, San Jose, CA 95110	12/16/2024	$ 665,900	5,759	1926	1,008	$ 46,135	$ 22,160
Cpc Mortgage Inc	124 N 15th St, San Jose, CA 95112	10/01/2024	$ 15,150,000	0	0	-	-	-

Mean$ 10,592,421

Median$ 2,200,000.0

Loan Amount Range$ 215,000 - $ 112,500,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
345 PARK AVE, SAN JOSE, CA 95110-2704	SAN JOSE SPORTS AUTHORITY	4082882930	EVENTS-SPECIAL
345 PARK AVE, SAN JOSE, CA 95110-2704	MYERS, JEFFREY	4085365403	ATTORNEYS
345 PARK AVE, SAN JOSE, CA 95110-2704	ADOBE ECHO SIGN	8773246744	CELLULAR TELEPHONES (SERVICES)
345 PARK AVE, SAN JOSE, CA 95110-2704	CACHE CHAMBER OF COMMERCE	4357522161	CHAMBERS OF COMMERCE
345 PARK AVE, SAN JOSE, CA 95110-2704	BRAUN	3107983123	NONCLASSIFIED ESTABLISHMENTS
345 PARK AVE, SAN JOSE, CA 95110-2704	FOTOLIA LLC	8006854171	PHOTOGRAPHS-STOCK
345 PARK AVE, SAN JOSE, CA 95110-2704	NEW HORIZON LED	8884295597	NONCLASSIFIED ESTABLISHMENTS
345 PARK AVE, SAN JOSE, CA 95110-2704	KOLNES, DONNA	4085363268	ATTORNEYS
345 PARK AVE, SAN JOSE, CA 95110-2704	KLEINER PERKINS CAUFIELD	4158322000	INVESTORS NEC
345 PARK AVE, SAN JOSE, CA 95110-2704	BEACH BUMS PET SITTING LLC	8436155297	PET SHOPS

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License Details

License Number

32084694200

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

5/12/2017

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	FRAME IO, INC
	Address Line	345 park ave
	City / State / Zip	san jose CA 95110
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	6085
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	95110
Registration Details	SOS Code

License Timeline

License Issued

5/12/2017

Currently Active

Status: -

Renewal Required

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