145 Sunol St - Apartments FOR SALE


San Jose, CA 95126- St Leo's
$1,350,000 USD
408-483-5040
145 Sunol St, San Jose, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/22
null | 7.68% Cap Rate

145 Sunol St
San Jose, CA 95126
St Leo's


HIGHLIGHTS

  • Ideal Unit Mix with Spacious Layouts
  • Exceptional In-Place Cash Flow
  • Robust Local Demographics & Employment Base
  • Prime Transit & Lifestyle Access

OVERVIEW

Contact jcastellanos@marcusmillichap.com for OM. $12,600 monthly rent // 7.68% current cap rate! Nestled in the heart of San Jose’s vibrant Midtown district, 145 Sunol Street presents a rare opportunity to acquire a five-unit multifamily community with distinctive architectural charm and a strong in-place return. Originally built in 1900, this Folk Victorian-style property exudes timeless character while offering an impressive gross building area of approximately 3,264 square feet on a generous 8,960 square foot lot. The unit mix is especially compelling, consisting of one studio, one oversized one-bedroom unit, and three spacious two-bedroom, two-bathroom units, a configuration that appeals to a wide range of tenants. With a day-one cap rate well over 7%, investors can enjoy immediate cash flow alongside long-term upside.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

5

PRICE/UNIT

$270,000

CAP RATE

7.68%

% 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

1900

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,960 SF

ZONING

M1

APN/PARCEL ID

261-36-031

ASK ABOUT THIS PROPERTY

Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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Jimmy CastellanosMarcus & MillichapMore Info
408-483-5040

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