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6 High-Quality, Pride-Of-Ownership Units in Alum Rock /San Jose Area. First Time on Market in 30+ Years/Generational Asset. Strong Historical Tenancy: Easy to Lease & Easy to Manage w/ Reliable Cashflow and Rental Upside. 6-Units Attractively Priced at $1,620,000. $270,000/Unit. $460/SF. CAP Rate: Current: 4.68%. Market: 6.52%. GRM: Current: 12; Market: 10. Excellent Unit Mix: Six (6) Spacious 1 Bedroom/1 Bath Units (565 SF). 10 Uncovered Parking Spaces in Rear of Property: 10 Parking Spaces for Each Parcel. Shared Courtyard Between 2 Parcels w/ 2 Driveways to Access Parking Spaces. 4 of 6 Units Have Been Renovated w/ Updated Kitchen & Bathrooms. Easy to Manage Units with Low Tenant Turnover. Consistently Strong Rents. Steady Cashflow. Capital Improvements: Dual-Pane Windows, Sliding Doors, New Water Heaters, and More. Proven, Consistent Income-Generator, Providing Strong Cashflow with Low Vacancies and Turnovers. Excellent, Convenient, Cul-de-Sac Location Near HWY 680 & 101, Convenient Access to SJC Airport & Major Silicon Valley Employers. Major Technology Employers: NVIDIA, Adobe, Apple, Cisco, PayPal. PLEASE DO NOT DISTURB TENANTS.
Property Type(s):
Commercial
| Last Updated | 9/27/2025 | Year Built | 1958 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Santa Clara |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| HEAT | Wall Furnace |
| LOT | 6660 sq ft |
| TAXES | 24072 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
Location
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Listed with Colliers Parrish International, Inc.
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