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2145 Randolph Dr
San Jose, CA 95128
Multifamily Property For Sale
·
7 Units
Investment Highlights
- On-Site Laundry
- Major Capital Improvements
- On-Site Parking
Executive Summary
2145 Randolph Drive, a 7-unit multifamily property in West San Jose offered at $2,649,950. The property consists of (7) 1BR/1BA units totaling 3,740 SF on a 6,600 SF parcel, with current monthly contract income of $14,383 and 9.50% upside to market. Recent capital improvements include upgraded electrical, dual-pane windows, and an upgraded secured entrance and gate. Residents enjoy 1:1 on-site parking, on-site laundry, storage units, and security cameras. The property is centrally located in Silicon Valley with convenient access to Highways 280, 880, and 17, just 0.8 miles from the Fruitdale VTA Light Rail Station, and minutes from Downtown Campbell, Santana Row, The Pruneyard, and eBay HQ.
Property Facts
| Price Per Unit | $378,564 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 4.32% | Building Size | 3,740 SF |
| Gross Rent Multiplier | 15.28 | Average Occupancy | 86% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.87/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3F | ||
| Price Per Unit | $378,564 |
| Sale Type | Investment |
| Cap Rate | 4.32% |
| Gross Rent Multiplier | 15.28 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,740 SF |
| Average Occupancy | 86% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.87/1,000 SF |
| Zoning | R3F |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
Property Taxes
| Parcel Number | 282-41-041 | Improvements Assessment | $821,916 |
| Land Assessment | $1,649,034 | Total Assessment | $2,470,950 |
Property Taxes
Parcel Number
282-41-041
Land Assessment
$1,649,034
Improvements Assessment
$821,916
Total Assessment
$2,470,950
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