1501 McCarthy Blvd, Milpitas, CA 95035 Property Records

Santa Clara County property record for 1501 McCarthy Blvd, Milpitas, CA 95035

Property Summary

Property TypeR&D Facility, Laboratory
Details135,648 sqft · built 1983
Lot Size9.41 acres (410,335 sqft)
OwnerCompany Name on Record
Last Sale$28,509,000 (Sep 2018)
Tax Bill$648,912 (2025)
Deeds & MortgagesNov 2023 Transfer
Apr 2017 Mortgage
+ 3 more
Flood ZoneZone X (moderate risk)
APN083-31-006

Property Details

APN / Parcel Number

Primary APN083-31-006
Alternative APN
  • 08603005

Interior

Stories2 Stories
Building Area135,648 sqft Total Area
ElevatorElevator

Exterior

Year BuiltBuilt 1983
Effective Year BuiltEffective 2015
Architectural StyleCustom Design
Construction TypeConcrete
Fire ResistanceMasonry Walls, Wood Interior
Lot Area410,335 sqft
View / LotCreek

Utilities, Heating & Cooling

Cooling SystemHVAC
Water SourceWell

Location & Zoning

Street Address1501 MCCARTHY BLVD
CityMILPITAS
StateCA
Zip95035-7420
Property CategoryIndustrial
Property TypeIndustrial > R&D Facility, Laboratory
Local Zoning CodeMIS
Legal DescriptionLOT 8 RECORDER'S BOOK 441 PAGE 44
JurisdictionSANTA CLARA CA
Township / Civil DivisionSAN JOSE
Census Block Group1
Census Block1022
Census Tract505006

Owner

Source: Santa Clara County records, as of July 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Nov 16, 2023Intrafamily Transfer, Transfer
Apr 20, 2017Deed of Trust, Mortgage · Commercial Mortgage
STOCKRIDGE VALUE FUND II HOLDINGS LLC
Dec 16, 2019Deed of Trust, Mortgage · Commercial Mortgage
EAST WEST BANK
Nov 5, 2020Loan Modification, Mortgage
FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE
Sep 25, 2018Grant Deed, Transfer · Commercial Mortgage
EAST WEST BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 25, 2018 · Amount on Record
Deed SaleSep 25, 2018 · Amount on Record
Prior SaleMar 20, 2014 · Amount on Record
Deed Document Number201824030057
Record UpdatedOct 29, 2026

November 2023: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionSANTA CLARA CA
Recording DateNov 16, 2023
Property Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Document Number0025559518
Map ReferenceMB 441 PG 43&44
Instrument DateOct 6, 2023
Instrument25559518
Transaction TypeTransfer
Record UpdatedDec 4, 2023

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420

April 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANTA CLARA CA
Property Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Transaction TypeMortgage
Record UpdatedJul 25, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0023629749
DateApr 20, 2017
Instrument23629749
Lender
NameSTOCKRIDGE VALUE FUND II HOLDINGS LLC
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

December 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSANTA CLARA CA
Property Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Transaction TypeMortgage
Record UpdatedJul 25, 2022
Title CompanyACCOMMODATION

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0024357888
DateDec 16, 2019
Instrument24357888
Lender
NameEAST WEST BANK
TypeBank
AddressEL MONTE, CA 91731
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

November 2020: Loan Modification, Mortgage

Document TypeLoan Modification
JurisdictionSANTA CLARA CA
Property Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Document Number0024785284
Instrument DateNov 5, 2020
Transaction TypeMortgage
Record UpdatedJan 25, 2021
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INSURANCE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1501 MCCARTHY BLVD MILPITAS CA 950357420, MILPITAS, CA 95035-7420

September 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionSANTA CLARA CA
Recording DateSep 25, 2018
Property Address1501 MCCARTHY BLVD, MILPITAS, CA 95035-7420
Document Number0024030057
Map ReferenceMB440 PG43-444
Instrument DateSep 18, 2018
Instrument24030057
Transaction TypeTransfer
Record UpdatedJul 25, 2022
Title CompanyFIRST AMERICAN TITLE INS CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address3347 GATEWAY BLVD, FREMONT, CA 94538-6526

Mortgage

Document Number0024030058
DateSep 25, 2018
Instrument24030058
Lender
NameEAST WEST BANK
TypeBank
AddressEL MONTE, CA 91731
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 27, 2026

Property Jurisdictions

TypeName
StateCalifornia
CountySanta Clara County
MunicipalityMilpitas City
Unified School DistrictMilpitas Unified School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$39,465,165 (-29.65%) Land $18,660,401 Building $20,804,764
2025$648,912.00 (+46.91%)$56,100,000 (+50.85%) Land $35,572,500 Building $20,527,500
2023$441,700.00 (+0.38%)$37,188,910 Land $17,584,114 Building $19,604,796
2022$440,038.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective January 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies8 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 94% of the US · lower than 96% of California
Wildfire Likelihood0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF MILPITAS
serves 81,915 people · EPA ID CA4310005
Water SourcePurchased surface water from several systems
Last State InspectionNov 2025
Lead3 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 21 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
Tekify Fiber & Wireless
Fixed Wireless
144 / 32
Ridge Wireless
Fixed Wireless
100 / 60
AT&T
Fixed Wireless
100 / 20

May also be available: Etheric Networks, GeoLinks, Sail Internet, T-Mobile, Xfinity.

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