832 Deland Ave - Apartments FOR SALE


San Jose, CA 95128
$1,825,000 USD
408-205-2679
832 Deland Ave, San Jose, CA for Sale
$1,825,000 USD
Apartments - FOR SALE
1/11
null | 3.69% Cap Rate

832 Deland Ave
San Jose, CA 95128


HIGHLIGHTS

  • Spacious units that average over 500 sq ft each per county record.
  • Units have a kitchen and living room.
  • On-site laundry allows for an additional source of revenue.
  • Stairs, handrail, and walkway were replaced in 2020.
  • Building has been updated with dual pane windows.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$520 USD /SF

# OF UNITS

6

PRICE/UNIT

$304,167

CAP RATE

3.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

832 Deland

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R3, City of San Jose

APN/PARCEL ID

282-37-030

ASK ABOUT THIS PROPERTY

Carlos AzucenaMarcus & MillichapMore Info
408-205-2679

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

Carlos AzucenaMarcus & MillichapMore Info
408-205-2679

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