About this home

Excellent opportunity to acquire a well positioned six unit multifamily property in a desirable San Jose location. The property offers an attractive unit mix of three 2 bedroom units, two 1 bedroom units, and 1 studio. The property generates $172,284 in gross rental income and offers over a 5% cap rate based on listed income and expenses. Recent capital improvements include a new roof, new main electrical panel, upgraded electrical subpanels, and a new water heater reducing near term capital expenditures for the next owner. Additional features include covered parking spaces, individually metered gas and electricity, and on site coin laundry. A compelling opportunity for investors seeking established income, a strong unit mix, significant recent improvements, and long term appreciation potential in the heart of Silicon Valley. Offering memorandum and financial information available upon request. Please do not disturb tenants.

Facts and features

Schools

• Sherman Oaks Elementary School

  elementary · K-8 · 0.6 mi

  7

• Del Mar High School

  high · 9-12 · 1.0 mi

  5

• Renaissance Learner Academy

  high · 9-12 · 0.2 mi

• Monroe Middle School

  middle · 6-8 · 1.6 mi

  2

• BASIS Independent Silicon Valley

  elementary · 5-12 · 0.4 mi

• BASIS Independent Silicon Valley

  elementary · 5-12 · 0.4 mi

Price history

• Oct 20, 2026 · Listed$2,100,000
• Apr 8, 2024 · Sold$1,600,000
• Jun 29, 2001 · Sold$830,000
• Sep 1, 1995 · Sold$370,000

Tax history

• 2024$17,830 tax · $1,250,668 assessed
• 2023$17,417 tax · $1,202,105 assessed
• 2022$17,324 tax · $1,178,535 assessed
• 2021$16,942 tax · $1,155,427 assessed
• 2020$16,629 tax · $1,143,580 assessed
• 2019$16,438 tax · $1,121,158 assessed
• 2018$16,004 tax · $1,099,176 assessed
• 2017$15,795 tax · $1,077,624 assessed

Home value

$2,079,000

• Collateral Analytics$2,079,000
• Quantarium$1,550,747

Where it is