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Built in 1986. Not subject to San Jose rent control. Incredible unit mix: (8) 2 bedroom / 1 bathroom townhouse style apartments and (1) 2 bedroom / 1 bathroom flat. All units feature either private patio or large private yard. Very well-maintained property. Newer roof and exterior paint. Strong in-place rents - Current GRM: 13.33 and Current Cap Rate: 4.95%. Tremendous upside potential - Market GRM: 11.88 and Market Cap Rate: 5.84%. Extremely low historical vacancy rate - 1.6% over the past 5 years. The property is located in the Edenvale neighborhood of South San Jose and is convenient to shopping, schools parks and Highways 85 & 101. This property has been lovingly maintained and updated by the same family for almost 25 years and would make a tremendous addition to any real estate portfolio.
| LAST UPDATED | 9/1/2023 | YEAR BUILT | 1986 |
|---|---|---|---|
| COMMUNITY | South San Jose | GARAGE SPACES | 1.0 |
| COUNTY | Santa Clara | STATUS | Sold |
| PROPERTY TYPE(S) | Multi Family |
| School District | East Side Union High |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AMENITIES | Common Utility Room |
| AREA | South San Jose |
| BASEMENT | Foundation: Concrete Perimeter |
| GARAGE | Attached Garage, Carport , Uncovered Parking, Yes |
| HEAT | Central Forced Air - Gas |
| INTERIOR | Floors: Carpet, Laminate, Tile, Vinyl / Linoleum |
| LOT | 0.3232 acre(s) |
| PARKING | 6 |
| SEWER | Sewer: Sewer - Public |
| TAXES | 49876 |
| WATER | Water: Public |
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 5/11/25 10:13 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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This IDX solution is (c) Diverse Solutions 2025.
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