423-445 N 26th St - Apartments FOR SALE


San Jose, CA 95116- Wooster-26th
$8,100,000 USD
650-334-0446
423-445 N 26th St, San Jose, CA for Sale
$8,100,000 USD
Apartments - FOR SALE
1/10
null | 5.5% Cap Rate

423-445 N 26th St
San Jose, CA 95116
Wooster-26th


HIGHLIGHTS

  • ASSUMABLE 2.84 % FINANCING Please inquire for details
  • 5.5 CAP on current - 6.45 CAP on Market - Excellent Occupancy History - Large Lot 1.13 acres - Gorgeous Landscaping
  • Outstanding Unit Mix - 12 1bed/1bath units and 15 2bed/1bath units - All Units have a patio or a balcony - Separate Hot Water Heaters

OVERVIEW

2.84 % ASSUMABLE FINANCING Marcus & Millichap is pleased to present Julian West Apartments, a 27-unit community nestled in a quiet cul-de-sac in San Jose. The property sits on a two separate parcels totaling 1.13 acres lot with 20,620 sq. ft. of rentable space. The unit mix includes (12) 1-bedroom, 1-bath units, (15) 2-bedroom, 1-bath unit providing strong appeal to a variety of tenants. Residents enjoy a variety of convenient amenities, including private covered parking, beautifully maintained landscaping, and multiple on-site laundry facilities, all of which contribute to a comfortable and appealing living environment. Located in the heart of Silicon Valley, Julian West Apartments benefits from its prime location near major employers, transportation corridors, and a diverse array of shopping, dining, and entertainment options. San Jose, the largest city in the Bay Area and Northern California, serves as a global hub for innovation and technology. It is home to leading companies such as Apple, Google, Facebook, Intel, and Cisco Systems, making it a highly desirable location for professionals and families alike. In addition to its economic appeal, San Jose offers a vibrantcultural and recreational scene. Residents have access to renowned attractions like Guadalupe River Park, the SAP Center, the San Jose Museum of Art, and the Cathedral Basilica of St.Joseph. Prestigious educational institutions, including Stanford University, Santa Clara University, and San Jose State University, are all within a 30-minute drive, further enhancing the area’s appeal. With its prime location, excellent unit mix, and proximity to world-class employers, Julian West Apartments represents a standout investment opportunity in Silicon Valley. Its strong tenant appeal and robust rental potential make it a valuable addition to any portfolio.

FOR SALE DETAILS

PRICE

$8,100,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

27

PRICE/UNIT

$300,000

CAP RATE

5.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OPEN HOUSE 5/28/25 11AM-1PM

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

R3

APN/PARCEL ID

249-66-016,249-66-017

ASK ABOUT THIS PROPERTY

Michael HenshawMarcus & MillichapMore Info
650-334-0446

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Michael HenshawMarcus & MillichapMore Info
650-334-0446

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