1244 Quincy Dr - Apartments FOR SALE


San Jose, CA 95132- St Victor
$2,000,000 USD
408-438-0969
1244 Quincy Dr, San Jose, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/12
null | 5.86% Cap Rate

1244 Quincy Dr
San Jose, CA 95132
St Victor


HIGHLIGHTS

  • Turn-key six-unit investment, fully occupied with all units offering efficient 2BR/1BA layouts.
  • Extensive recent renovations, with 5 of 6 units upgraded featuring modern kitchens, quartz counters, new cabinetry, and updated appliances.
  • Major capital improvements completed, including new roof & siding (Dec 2025), energy-efficient windows (2022), and copper repipe (2016).
  • Prime Berryessa location, walkable to top-rated schools (Piedmont Hills High 10/10), near Berryessa BART, major highways, shopping, and parks.

OVERVIEW

Magnify is pleased to present 1244 Quincy Dr in San Jose. This fully occupied complex features six spacious units, each consisting of 2 bedrooms and 1 bathroom. The property offers a turn-key investment opportunity with high-quality renovations and significant recent capital improvements, situated in a stable and highly desirable rental market. The property has been meticulously maintained, with 5 out of the 6 units recently remodeled to include modern kitchens and bathrooms featuring new cabinetry, quartz countertops, and updated appliances. Major long-term capital expenditures have been addressed, including a brand-new roof and siding completed in December 2025, new energy-efficient windows installed in 2022, and a copper repipe performed in 2016. These upgrades ensure a low-maintenance asset for new ownership and immediate appeal to high-quality tenants. Residents benefit from functional living spaces, with half of the units featuring private outdoor patios. The property also offers plenty of on-site parking. Located in the sought-after Berryessa neighborhood, 1244 Quincy Dr is positioned within a prime micro-location with very low inventory. The property is within walking distance of the top-rated Piedmont Hills High School (rated 10/10), as well as Noble Elementary and Piedmont Middle School, making it an ideal location for families. The site offers exceptional regional connectivity, located just minutes from the Berryessa BART station and major thoroughfares including I-680 and Highway 880. Its proximity to major Silicon Valley employment hubs, the Sierra Plaza shopping center, and Penitencia Creek County Park further enhances its rental desirability and long-term value appreciation.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$391 USD /SF

# OF UNITS

6

PRICE/UNIT

$333,333

CAP RATE

5.86%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,252 SF

ZONING

R3, San Jose

APN/PARCEL ID

591-14-036

ASK ABOUT THIS PROPERTY

Eric KatzMagnify EquityMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eric KatzMagnify EquityMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.