139-143 E Julian St - Apartments FOR SALE


San Jose, CA 95112- Northside
$1,650,000 USD
415-535-7414
139-143 E Julian St, San Jose, CA for Sale
$1,650,000 USD
Apartments - FOR SALE
1/17
null | 7.65% Cap Rate

139-143 E Julian St
San Jose, CA 95112
Northside


HIGHLIGHTS

  • Proximity to San Jose State.
  • Stabilized in-place positive cash flow.
  • High-yield opportunity near downtown San Jose.

OVERVIEW

139 E Julian St (the Property) is a two-story multifamily asset built in 1898, situated on a 0.11 acre lot in the Northside submarket and compromised of eight (8) studio units and One (1) one bed one bath unit, with an additional building in the back of the property. The Property has nearly 5,000 square feet of rentable space, additional side yard space, and parking. The Property’s potential offers an investor the rare opportunity to purchase investment real estate in a high barrier to entry market. The investment appeal of the property is driven by the property’s existing positive cash flow. Perfectly situated near San Jose State, Downtown San Jose, and highway 280, this asset is just moments away from prominent Silicon Valley companies such as Google, Zoom, Adobe, and many more. In addition, the nearest BART stop is 5-minutes away and the nearest VTA station is 6 minutes away. This offering is being made on an as is, Where is basis.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

9

PRICE/UNIT

$183,333

CAP RATE

7.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1898

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CO, San Jose

APN/PARCEL ID

249-46-034

ASK ABOUT THIS PROPERTY

Ben MollahanCBREMore Info
415-535-7414

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Ben MollahanCBREMore Info
415-535-7414

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