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
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Listing Snapshot
Price
$4,675,000
Days On Site
131 Days
Bedrooms
N/A
Inside Area (SqFt)
18,274 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.5739 Acres
Year Built
1964
MLS® Number
ML81998688
Status
Pending
Property Tax
$70,607
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
yesterday
Listing updated with changes from the MLS®
3 days ago
Status changed to Pending
a month ago
Price changed to $4,675,000
4 months ago
Listing first seen on site
General Features
Acres
0.5739
Parking Spaces
2
Special Circumstances
Standard
SqFt Total
18274
Water Source
Public
Zoning
C1H
Interior Features
Cooling
None
Heating
Electric
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Community Features
MLS Area
699 - Not Defined
School District
Other
Schools
School District
Other
Elementary School
Other
Middle School
Other
High School
Other
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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