Bendorf

San Jose, California 95111

Closed / MLS #81929330 / Multiple Family / San Jose

Listing information updated 12/21/2024 at 11:44am

Built in 1986. Not subject to San Jose rent control. Incredible unit mix: (8) 2 bedroom / 1 bathroom townhouse style apartments and (1) 2 bedroom / 1 bathroom flat. All units feature either private patio or large private yard. Very well-maintained property. Newer roof and exterior paint. Strong in-place rents - Current GRM: 13.33 and Current Cap Rate: 4.95%. Tremendous upside potential - Market GRM: 11.88 and Market Cap Rate: 5.84%. Extremely low historical vacancy rate - 1.6% over the past 5 years. The property is located in the Edenvale neighborhood of South San Jose and is convenient to shopping, schools parks and Highways 85 & 101. This property has been lovingly maintained and updated by the same family for almost 25 years and would make a tremendous addition to any real estate portfolio.

Full Features

Square Feet:

10,021

Acreage:

0.323

Built:

1986

Roof:

Composition, Shingle

Zoning:

R34

Taxes & Assessments

Tax Amount:

N/A

Tax Year:

N/A

Location

Zip Code:

95111

City:

San Jose

County:

Santa Clara

Full Features Taxes & Assessments Location

Square Feet:

10,021

Acreage:

0.323

Built:

1986

Roof:

Composition, Shingle

Zoning:

R34

Listing Agent: Steve Zirelli

Listing Office: Cornish & Carey Commercial

Disclaimer: The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings MLS system. Real estate listings held by brokerage firms other than Christie’s International Real Estate Sereno are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS as of 12/21/2024 at 11:44am (date the MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.