2041 Beatrice Ct - Apartments FOR SALE


San Jose, CA 95128- Del Mar
$3,330,000 USD
408-393-4647
2041 Beatrice Ct, San Jose, CA for Sale
$3,330,000 USD
Apartments - FOR SALE
1/6
null | 5.12% Cap Rate

2041 Beatrice Ct
San Jose, CA 95128
Del Mar


HIGHLIGHTS

  • Below-market rents provide an excellent opportunity to increase NOI through strategic renovations and market-rate adjustments.
  • Situated near a city redevelopment area, investors may benefit from long-term neighborhood appreciation and future infrastructure improvements.
  • Close to shopping centers, transit options, and major highways—ensuring consistent tenant demand and low vacancy.

OVERVIEW

Nestled on a quiet cul-de-sac in San Jose’s desirable Del Mar area, 2041 Beatrice Ct. presents an exceptional 12-unit multi-family investment opportunity offering both stability and growth potential. Built in 1957, this well-maintained two-story garden-style complex sits on approximately 0.31 acres (~13,500 SF) with a total building size of roughly 6,104 SF and a strong unit mix of ten one-bedroom and two two-bedroom apartments, all currently rented below market rates. The property features ample on-site parking, including two private garages, along with a remodeled laundry room, dual-pane windows, enhancing both tenant convenience and long-term asset stability. With rents positioned for growth through modest interior upgrades and strategic adjustments, there is a clear value-add opportunity to increase net operating income. Ideally located near a city redevelopment zone, the property stands to benefit from future neighborhood appreciation and infrastructure improvements, while offering excellent access to major freeways (17, 280, 880), light rail, and premier retail destinations such as Santana Row, Valley Fair, and The Pruneyard. Combining current income, future upside, and strong long-term positioning, this low-vacancy asset is well-suited for both short-term gains and sustained portfolio performance in one of Silicon Valley’s most dynamic submarkets.

FOR SALE DETAILS

PRICE

$3,330,000 USD

PRICE/SF

$546 USD /SF

# OF UNITS

12

PRICE/UNIT

$277,500

CAP RATE

5.12%

% 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

1957

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,487 SF

ZONING

R3, San Jose

APN/PARCEL ID

282-32-042

ASK ABOUT THIS PROPERTY

Steve GuzzettiIntero Real Estate Services - Commercial DivisionMore Info
408-393-4647

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Steve GuzzettiIntero Real Estate Services - Commercial DivisionMore Info
408-393-4647

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