423 N 26th St - Apartments FOR SALE


San Jose, CA 95116- Wooster-26th
$3,906,000 USD
626-483-5136
423 N 26th St, San Jose, CA for Sale
$3,906,000 USD
Apartments - FOR SALE
1/18
null | 6.41% Cap Rate

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


HIGHLIGHTS

  • The 2 Bedroom units are equipped with forced air heating.
  • Amenities include communal courtyard, laundry room, assigned carport parking and balconies on select units.
  • Strong in-place income.

OVERVIEW

This building can be purchased individually or together with 445 N 26th St. The R&Z Group of Compass Commercial is excited to introduce 423 N 26th St, San Jose CA 95116 to the open market. This two-story building is located in the Wooster neighborhood and offers its tenants a great location with near-by transportation, entertainment, dining and attractions. This standout property boasts a versatile unit mix of (7) 2 Bed, 1 Bath and (7) 1 Bed 1 Bath units, all equipped with designated carports, and a convenient coin operated laundry room with 2 washers and 2 dryers with card readers that are owned. With approximately 10,360 square feet of living space on a 0.56-acre lot, this building provides both comfort for tenants and strong rental income for investors. The entire building is well kept, with a courtyard in the middle and a manicured landscape. The location couldn’t be better! You’re a short drive from Downtown San Jose and have easy access to Highway 280, 87, and 101, putting all of San Jose within reach. Plus, approximation to major employers like Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. With its balanced unit mix, strong tenant appeal, and durable construction, 423 N 26th St represents a unique chance to acquire a stable, income-generating asset in one of the Bay Area’s most dynamic rental markets. This offering provides investors the opportunity to capture immediate cash flow while positioning for long-term growth in San Jose’s thriving economy.

FOR SALE DETAILS

PRICE

$3,906,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

14

PRICE/UNIT

$279,000

CAP RATE

6.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Julian West Apartment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

R3

APN/PARCEL ID

249-66-017

ASK ABOUT THIS PROPERTY

Ray RodriguezCompass CommercialMore Info
626-483-5136

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Ray RodriguezCompass CommercialMore Info
626-483-5136

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