Commercial > Multi-family / Apartments
Sold
09/20/2023
Sold Price
$74,250,000$--/ft²
98 1st St
San Jose, CA 95113
- -Bed
- -Bath
- -Living Area
- 1.4acLot Size
- -Pool
- -Car
- 2020Year Built
- -DOM
- 21Permits
98 1st St, San Jose, CA 95113 is a multi-family/apartments property built in 2020 on a 1.419 acre lot with 21 construction permits. This multi-family/apartments is currently off market, and it was last sold in 2023 for $74,250,000.
Permits
98 1st St has 21 permit records of total value of $30,846,713.
Permit History
21
Permits
$30,846,713
Total Permit Value
September 8, 2021
Description: Basic zoning letterStatus: completeType: Public information servicesSub Type: Basic zoning letterEffective Date: 2021-09-08Permit Number: 2021 046519 PI
July 22, 2020
Description: Install a new 441 sq ft pool and 100 sq ft spa in multi family developmentJob Value: $215,000Status: issuedType: Commercial/industrialSub Type: Recreation buildingEffective Date: 2020-07-22Permit Number: 2017 039142 CI
July 8, 2020
Description: Retail shell at new apartment projectJob Value: $745,162Status: issuedType: Commercial/industrialSub Type: RetailBusiness Name: Fairfield Development LPEffective Date: 2020-07-08Permit Number: 2016 136869 CI
March 26, 2020
Description: Leasing office/amenities/clubhouse at new apartment projectJob Value: $1,281,292Status: issuedType: Commercial/industrialSub Type: Mixed useBusiness Name: Fairfield Development LPEffective Date: 2020-03-26Permit Number: 2016 136873 CI
February 20, 2020
Description: Installation of 6 illuminated wall mounted sign & each letter weight less than 20 lbs at a multi-family residential complexStatus: finalType: Multiple attached dwellingsSub Type: Apt/condo/townhouseBusiness Name: Outdoor DimensionsEffective Date: 2020-02-20Permit Number: 2018 133821 MF
March 22, 2019
Description: Building a 190 unit apartment building over a podium garageJob Value: $28,520,559Status: issuedType: Multiple attached dwellingsSub Type: Apt/condo/townhouseBusiness Name: Fairfield Development LPEffective Date: 2019-03-22Permit Number: 2016 137692 MF
November 20, 2018
Description: 15-104423 sprinkler permit 17-001290Status: completeType: Fire engineeringSub Type: VarianceBusiness Name: Automatic Fire Sprinklers INEffective Date: 2018-11-20Permit Number: 2018 143607 FE
September 6, 2018
Status: approvedType: Over the counterSub Type: Sign permitEffective Date: 2018-09-06Permit Number: 2018 133788 CO
September 29, 2017
Description: Permit adjustment for finalizing the planting species and other landscape details for a multi-family residential projectStatus: approvedType: Over the counterSub Type: Permit adjustmentEffective Date: 2017-09-29Permit Number: 2017 037233 CO
May 10, 2017
Description: Install a new 441 sq ft pool and 100 sq ft spa in multi family developmentStatus: issuedType: Commercial/industrialSub Type: Recreation buildingBusiness Name: Fairfield Development LPEffective Date: 2017-05-10Permit Number: 2017 018225 CI
March 10, 2017
Description: Scope of work: construct in-ground pool (457sf) and spa (110 sf) in courtyardStatus: canceledType: Commercial/industrialSub Type: UndefinedBusiness Name: Waterworks Industries INCEffective Date: 2017-03-10Permit Number: 2017 009622 CI
January 4, 2017
Description: 15-104423 5/23/17@135 approved plans/permit picked up by ricardo.!!jf 5/17/17 1:21pm victor dropped of resubmittal plans & red lines. Routed to du lam 5/5/17@1120 redlines (du has appl) picked up by victor. jf 4/19/17@11am disapproved plans/no appl rcvd frm victor jf 4/7/17 disapproved plans no appl picked up by victor. jfStatus: completeType: Fire engineeringSub Type: Fire overhead sprinkler systemBusiness Name: Automatic Fire Sprinklers INEffective Date: 2017-01-04Permit Number: 2017 001290 FE
December 19, 2016
Description: 15-104423 7/13/17 approved plans and application picked up by ryan Status: approvedType: Fire engineeringSub Type: Fire alarm systemBusiness Name: Allied Universal Security SystemsEffective Date: 2016-12-19Permit Number: 2016 146265 FE
December 2, 2016
Description: 15-104423 3/15/17 11:43 am victor picked up approved plans & application Status: approvedType: Fire engineeringSub Type: Fire pumpEffective Date: 2016-12-02Permit Number: 2016 144391 FE
December 2, 2016
Description: 15-104423 3/17/17 @ 10:45 am victor picked up approved plans & applicaiton.!!!!!djStatus: approvedType: Fire engineeringSub Type: Fire standpipe systemBusiness Name: Automatic Fire Sprinklers INEffective Date: 2016-12-02Permit Number: 2016 144393 FE
September 29, 2016
Description: 15-104423 refer also to approved variance #14-033664 this variance covers the following -- issue: the retail and restaurant tenant spaces on the first floor are required to be designed per sjfd requirements for spec space clng height greater than 14 ft eh 0.33 gpm over 3000 sf plus 500 gpm hose allowance. Mitigation: design sprinkler system with 0.20 gpm over 3, 000 sf plus 250 gpm hose allowance. No high-piled or high-hazard storage. The restriction will be included in all tenant lease agreements for retail and restaurant spaces. Letter provided by ownerStatus: completeType: Fire engineeringSub Type: VarianceBusiness Name: Fairfield Development LPEffective Date: 2016-09-29Permit Number: 2016 136253 FE
September 7, 2016
Description: 15-104423 **** emergency radio frequency ****Status: approvedType: Fire engineeringSub Type: Fire engineering site developmentBusiness Name: Leaf Communications INCEffective Date: 2016-09-07Permit Number: 2016 133224 FE
August 29, 2016
Description: Modifications to garage layout and elevationsStatus: approvedType: Over the counterSub Type: Permit adjustmentEffective Date: 2016-08-29Permit Number: 2016 132048 CO
May 16, 2016
Description: 15-104423 190 unit apartment bulding (type3a) over concrete garage (type 1a); battery type inverters for emergency lighting in inverter room (b101)Status: completeType: Hazardous materialsSub Type: Battery systemBusiness Name: Fairfield Development LPEffective Date: 2016-05-16Permit Number: 2016 117734 HZ
December 18, 2015
Description: Landscape items at new apartment project to include planter walls cmu walls seat wall cmu columns green screen outdoor bbq's and counter fire pit table trellis arborJob Value: $84,700Status: filedType: Multiple attached dwellingsSub Type: Apt/condo/townhouseBusiness Name: TCA ArchitectsEffective Date: 2015-12-18Permit Number: 2015 105470 MF
December 11, 2015
Description: Building a 190 unit apartment building w/retail over a podium garage. R-2 iiia over s-2 iaStatus: filedType: Tract/multifamilySub Type: Multi familyBusiness Name: APM; Fairfield Development LP; LDI Mechanical; TCA Architects0Effective Date: 2015-12-11Permit Number: 2015 104423 TM
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$1,248,800.36From latest Total Assessed Value1.27%Total Assessed Value$98,670,281=Land+
Assessed Value$10,396,627Additions
Assessed Value$88,273,654
In 2023, taxes billed for 98 1st St were $1,248,800.36, which is 1.27% from latest Total Assessed Value of $98,670,281.
Property History
98 1st St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 98 1st St
Hazard Risks
Earthquake401Carb Mono102Nat'l Avg100Particulates100Ozone90Air Pollution88Lead45Wind2Tornado1Weather1Hail0Hurricane0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 98 1st St.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
98 1st St has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Noise Level
58 dB
Quiet Suburban Residential 0-49
Suburban Residential 50-54
Urban Residential 55-59
Noisy Urban Residential 60-64
Very Noisy Urban Residential 65+
Noise at 98 1st St is around 58dBs, which is comparable to a Urban Residential area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
41°F
High
59°F
Summer
Average
Low
54°F
High
81°F
In the winter at 98 1st St, temperatures range from 40.79°F to 59.18°F with an average of 49.99°F. In the summer, the temperature ranges from 54°F to 80.66°F with and average of 67.33°F.
School Information
Public/private schools serving 98 1st St
Public Schools
Horace Mann Elementary School
Grades: KG-5
0.32 mi
C-
San Jose High School
Grades: 9-12
1.35 mi
D
Burnett Middle School
Grades: 6-8
1.23 mi
D+
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 98 1st St have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Downtown San Jose, San Jose, CA 95113.
Seasonal Housing units 95113
23%of housing is for seasonal rent.
Daytime Population for 95113
+352%of people during work hours.
Boundary map of Downtown San Jose.
Crime Index for 95113
196
196
The crime index in 95113 is 196, which is 2.0 times higher than national average.
Market Trends
Historical market data near 98 1st St over selected time period.
Nearby Properties on 1st St
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