Exceptional San Jose investment opportunity featuring 7 residential units across 2 buildings on one APN. The property includes a 2 bedroom, 1 bath single family residence with approximately 1,200 sq ft of living space and a full cement construction basement, plus a separate 6 unit building with six 1 bedroom, 1 bath units. Generating approximately $13,935 in monthly rental income, the property offers $132,901 in annual NOI and a 6.04% in place cap rate, with pro forma potential of $147,221 NOI and a 6.71% cap rate. Recent capital improvements include new windows and electrical panels. A compelling opportunity for investors seeking established rental income and potential to enhance returns in the San Jose market.
| MLS # | ML82061883 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1957 |
| Days On Site | 54 |
| Listing Provided By | Fathom Realty Group | Patrick Carvalho |
| SQ Feet | 4,056 |
|---|---|
| Car Port | Yes |
| Building(s) | 2 |
| Zoning | R3 |
| Acreage | 0.23 |
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|
| Property | 13157 |
|---|
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95126 |
| Area | 699 Not Defined |
| Listing VS Median (in 95126) | |
Price: $2,099,000 low | high Med: $998,500 sqft: 4,056 low | high Med: 1,256 $ / sqft: $518 low | high Med: $830 On site: 54 low | high Med: 42.5 | |
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95126 |
| Area | 699 Not Defined |
| Listing VS Median (in 95126) | |
Price: $2,099,000 low | high Med: $998,500 sqft: 4,056 low | high Med: 1,256 $ / sqft: $518 low | high Med: $830 On site: 54 low | high Med: 42.5 | |
![]() | $2,387,000615 Stockton AvenueSan Jose, CA 95126 |