PRICE REDUCTION! 6.14% Cap Rate | Seller Currently Undertaking Balcony Repairs - SB 721 Compliance Upon Close of Escrow!
Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath
- Exterior Elevated Elements Inspected Nov. 2024 | Seller is currently completing balcony repairs; SB 721 compliance clearance will be provided at close of escrow.
- 22-Unit Value-Add Opportunity – Upside potential through unit upgrades and rent growth.
- Prime East San Jose Location – Near top tech employers, schools, and within walking distance of shopping, dining, and medical services.
- 100% Occupied & Stable Cash Flow – Fully leased with strong tenant demand.
- Convenient Parking – 23 tuck-under spaces.
- Excellent Transit & Highway Access – Near VTA bus lines, Hwy 101, 680, and 280.
- High Traffic Exposure – 27,550 VPD on S White Road for strong visibility.
- Close to Recreation – 1.2 miles from Lake Cunningham Park’s trails and activities.