Updated Oct 9, 2026
Dan Woods Of El Camino Hospital Acquires Office Building In Milpitas For $13.2M
1533 California Circle
$13,200,000
$489/SF
Building Size
26,976 SF
Asset Type
Office
Closing
Aug 15, 2025
About this deal
AI
El Camino Hospital has acquired an office building located at 1533 California Circle, Milpitas. The transaction was completed for a total of $13.2 million, reflecting a price per square foot of approximately $489 for the 26,976-square-foot property.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $13,200,000
- Address: 1533 California Circle
- Market: Milpitas
- Square Footage: 26,976
- Price per Square Foot: $489
- Buyer: Dan Woods - El Camino Hospital
Dan Woods represents El Camino Hospital in this transaction, reflecting the hospital's goal to grow its real estate portfolio for future expansions.
On the Map
$13,200,000
$489/SF
Office
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Milpitas Office Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.20%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93