832 Deland Ave — Sale in San Jose, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Jose, CA 95128

Investment Figures

Cap rate
4.26%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

832 Deland Ave. is a 6 unit multifamily property located in San Jose. The unit mix consists of (6) 1 bedroom / 1 bathroom that are approximately 585 sq ft each. The property sits on a 0.15 acres (or 6,440 sq ft) lot. Among the amenities are ample parking and easy access to most points of interest in the South Bay. The property has undergone numerous improvements in recent years including a complete remodel of unit 3, replacement of the deck/stairs/handrails, and upgraded copper plumbing. Investment Highlights: • Unit 3 has been fully renovated with new new kitchen and bathroom that includes appliances, flooring, and fixtures. • Most units have updated bathrooms that include new fixtures, sink, and shower heads. • With the exception of Unit 2, all units have had synthetic hardwood style flooring installed. • Plumbing has been upgraded with copper pipes and ABS wastelines.

Market Context

This multifamily in San Jose, CA is listed for sale. It is offered at an approximate 4.3% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in San Jose, CA — view the full market.

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