5699 Tucson Dr - Apartments FOR SALE


San Jose, CA 95118- Cambrian
$1,950,000 USD
408-835-9697
5699 Tucson Dr, San Jose, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/36
null | 4.27% Cap Rate

5699 Tucson Dr
San Jose, CA 95118
Cambrian


HIGHLIGHTS

  • New Roof on 4-Plex and Carport
  • Full Property Repipe
  • New Exterior Paint
  • Townhouse-Style Units
  • New Windows

OVERVIEW

Compass Commercial is proud to present the exclusive listing of 5699 Tucson Drive, a well-maintained fourplex in the highly desirable Almaden Valley neighborhood of San Jose. This rare investment offers stability and long-term upside, with extensive renovations and capital improvements already completed. Upgrades include a new roof, exterior paint, dual-pane windows, full repiping, and professional landscaping, ensuring minimal near-term maintenance and strong tenant appeal. The property features four spacious 2-Bed/1.5-Bath townhouse-style units with private backyards, each thoughtfully updated with new countertops, hardwood cabinetry, modern appliances, new fixtures, and hardwood/tile flooring throughout. Residents benefit from membership in the Almaden Recreation Club HOA, offering private patrol security and access to a pool facility, enhancing both quality of life and tenant retention. For investors, the property holds Tier 1 status with the City of San Jose and is not subject to SB721 or city balcony inspection requirements, reducing potential future compliance costs. 5699 Tucson Drive is a turnkey, pride-of-ownership asset in one of San Jose’s most sought-after rental neighborhoods, an excellent addition to any portfolio.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$473 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,500

CAP RATE

4.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,122 SF

ZONING

RM

APN/PARCEL ID

567-52-004

ASK ABOUT THIS PROPERTY

Eric PetersonCompass CommercialMore Info
408-835-9697

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Eric PetersonCompass CommercialMore Info
408-835-9697

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