High-performing, 100% occupied residential income asset in a prime San Jose rental pocket, delivering immediate cash flow from day one. This is a true turnkey investment with strong in-place income and proven tenant demand, minimizing downtime and operational risk.
Positioned for both yield-focused and value-add investors, the property offers clear upside through rent adjustments and long-term appreciation in one of Silicon Valley’s most supply-constrained markets. Assets with this level of stability and occupancy rarely come to market in this submarket.
Rare scale opportunity: The adjacent property at 1131 Luchessi Dr is also available, allowing investors to secure side-by-side assets and immediately increase unit count, operational efficiency, and long-term portfolio value. Opportunities to acquire contiguous properties in this location are extremely limited.
This offering is ideal for 1031 exchange buyers and investors seeking secure, income-producing real estate in a high-demand rental corridor. Expect strong interest.