804 S Almaden Ave - Apartments FOR SALE


San Jose, CA 95110- Washington-Guadalupe
$2,850,000 USD
408-409-3431
804 S Almaden Ave, San Jose, CA for Sale
$2,850,000 USD
Apartments - FOR SALE
1/13
null | 5.5% Cap Rate

804 S Almaden Ave
San Jose, CA 95110
Washington-Guadalupe


HIGHLIGHTS

  • Strong In-Place Cash Flow
  • Value-Add Potential
  • Proximity To Transit and Downtown San Jose

OVERVIEW

804 S Almaden Ave (the Property) is a 12-unit multifamily asset built in 1925, situated on a 0.20-acre lot in San Jose’s Washington-Guadalupe neighborhood. The Property comprises 5,680 rentable square feet, featuring ten (10) studio units and two (2) one-bedroom/one-bathroom floorplans. The Property offers investors a compelling cash-flowing investment with value add upside in one of Downtown San Jose’s most accessible locations. Situated in the heart of Silicon Valley’s largest city, 804 S Almaden Ave benefits from proximity to major transit corridors, Downtown San Jose’s employment center, and the region’s strong rent growth and vacancy trends.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

12

PRICE/UNIT

$237,500

CAP RATE

5.5%

% 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

1925

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,857 SF

ZONING

C2, San Jose

APN/PARCEL ID

264-36-149

ASK ABOUT THIS PROPERTY

Ryan FoxCBREMore Info
408-409-3431

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

Ryan FoxCBREMore Info
408-409-3431

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