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2041 Beatrice Ct 12 Unit Apartment Building $3,330,000 ($277,500/Unit) 5.12% Cap Rate San Jose, CA 95128

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INVESTMENT HIGHLIGHTS

  • Below-market rents provide an excellent opportunity to increase NOI through strategic renovations and market-rate adjustments.
  • Close to shopping centers, transit options, and major highways—ensuring consistent tenant demand and low vacancy.
  • Situated near a city redevelopment area, investors may benefit from long-term neighborhood appreciation and future infrastructure improvements.

EXECUTIVE SUMMARY

Nestled on a quiet cul-de-sac in San Jose’s desirable Del Mar area, 2041 Beatrice Ct. presents an exceptional 12-unit multi-family investment opportunity offering both stability and growth potential. Built in 1957, this well-maintained two-story garden-style complex sits on approximately 0.31 acres (~13,500 SF) with a total building size of roughly 6,104 SF and a strong unit mix of ten one-bedroom and two two-bedroom apartments, all currently rented below market rates. The property features ample on-site parking, including two private garages, along with a remodeled laundry room, dual-pane windows, enhancing both tenant convenience and long-term asset stability. With rents positioned for growth through modest interior upgrades and strategic adjustments, there is a clear value-add opportunity to increase net operating income. Ideally located near a city redevelopment zone, the property stands to benefit from future neighborhood appreciation and infrastructure improvements, while offering excellent access to major freeways (17, 280, 880), light rail, and premier retail destinations such as Santana Row, Valley Fair, and The Pruneyard. Combining current income, future upside, and strong long-term positioning, this low-vacancy asset is well-suited for both short-term gains and sustained portfolio performance in one of Silicon Valley’s most dynamic submarkets.

ATTACHMENTS

Brochure

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,330,000
Price Per Unit $277,500
Sale Type Investment
Cap Rate 5.12%
Gross Rent Multiplier 10.99
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 6,104 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 2.46/1,000 SF
Zoning R3, San Jose

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Balcony
  • Disposal
  • Heating
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Window Coverings

SITE AMENITIES

  • Courtyard
  • Fenced Lot
  • Laundry Facilities
  • Gas Range
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 - 475 - 500
2+1 2 - 650

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
282-32-042
Land Assessment
$856,261
Improvements Assessment
$1,098,691
Total Assessment
$1,954,952
  • Listing ID: 37133955

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 2041 Beatrice Ct, San Jose, CA 95128

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