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Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose "” offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes "” ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don't miss the chance to invest in comfort, practicality, and long-term value!
Property Type(s):
Residential Income
| Last Updated | 10/15/2025 | Tract | SAN JOSE CC |
|---|---|---|---|
| Year Built | 1959 | County | Santa Clara |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Washer |
| CONSTRUCTION | Stucco |
| HEAT | Electric, Forced Air |
| LOT | 9453 sq ft |
| SUBDIVISION | SAN JOSE CC |
Location
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Listed with Re/Max Accord
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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