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10760-10762 Hale Ave, Morgan Hill, Ca. 95037 10760 Hale Ave 3 Unit Apartment Building $1,600,000 ($533,333/Unit) 4.25% Cap Rate Morgan Hill, CA 95037
Investment Highlights
- Located near Monterey Highway at Live Oak Avenue with convenient access to major roads
- Situated on approximately 1.4 acres, offering privacy and additional land potential
Executive Summary
Nicely located near Monterey Highway at Live Oak Ave then Hale Ave at 10760 and 10762. A 2-plex with 2/1 and 2/1 along with a SFR 2/1. The land size is 1.4 acres of land.
Rents make this property attractive along with the semi-private location with easy access to main roads.
Rents make this property attractive along with the semi-private location with easy access to main roads.
Property Facts
| Price | $1,600,000 | Property Subtype | Apartment |
| Price Per Unit | $533,333 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.25% | Lot Size | 1.40 AC |
| Sale Condition | Deferred Maintenance | Building Size | 2,717 SF |
| Gross Rent Multiplier | 14 | Average Occupancy | 3% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1992/1999 |
| Zoning | A-20A - Rural with 2 plex and SFR. | ||
| Price | $1,600,000 |
| Price Per Unit | $533,333 |
| Sale Type | Investment |
| Cap Rate | 4.25% |
| Sale Condition | Deferred Maintenance |
| Gross Rent Multiplier | 14 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 2,717 SF |
| Average Occupancy | 3% |
| No. Stories | 1 |
| Year Built/Renovated | 1992/1999 |
| Zoning | A-20A - Rural with 2 plex and SFR. |
Amenities
- Smoke Detector
Unit Amenities
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Refrigerator
- Tub/Shower
- Yard
- Garden
- Porch
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 712-08-043 | Improvements Assessment | $14,292 |
| Land Assessment | $22,144 | Total Assessment | $36,436 |
Property Taxes
Parcel Number
712-08-043
Land Assessment
$22,144
Improvements Assessment
$14,292
Total Assessment
$36,436
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10760-10762 Hale Ave, Morgan Hill, Ca. 95037 | 10760 Hale Ave
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