$2,100,000
FOR SALEActive780 Deland Avenue
San Jose CA 95128
4,307
SF
Commercial
Type
1961
Built
$488/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
Active
Status
RM
Zoning
0.15 acres
Lot Size
4,307 SF
Square Footage
$487.58/SF
Price per SF
$26,693
Annual Tax
1,961
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82059224
Listed:
Nalren refreshed:
Last updated
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Listed by: Coldwell Banker Realty
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.