rime investment opportunity. This six-unit multifamily asset at 780 Deland Avenue is located in the heart of San Jose's central 95128 submarket. Built in 1961 on a 6,440 SF (0.15-acre) lot, the ~4,307 SF building offers a desirable unit mix of one studio, two 1-bed/1-bath, and three 2-bed/1-bath units. The property is 100% occupied* with current scheduled rents totaling $14,357/month ($172,284 annualized), reflecting strong in-place income. Recent capital improvements include a new roof and new electrical main and subpanels, minimizing near-term capex for a buyer. Centrally located approximately 1.1 miles from San Jose City College with convenient access to I-280, and close to Santana Row, Valley Fair, Downtown San Jose, and Santa Clara Valley Medical Center, the property benefits from strong, durable rental demand driven by a broad base of technology and professional-services employers. Offered at $2,200,000 ($510.80/SF).
*Occupancy inferred from rent roll provided; buyer to independently verify against leases and tenant ledgers.