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$ 4,383,500
$ 4,675,000 6.2%
Est. payment | /mo
$ 4,383,500
$ 4,675,000 6.2%
Est. payment | /mo
Key Details
Sold Price $4,383,500
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81998688
Sold Date 09/05/25
HOA Y/N No
Year Built 1964
Annual Tax Amount $70,607
Property Description
PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C1H
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Total Parking Spaces 2
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 64712038
Financing Conventional
Special Listing Condition Standard
Listed by Bryan Danforth Compass
Bought with Bryan Danforth Compass
Bought with Bryan Danforth Compass
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Mitch Stein
Partner | Lic# DRE# 02081632