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2604 Sierra Vista Ct 7 Unit Apartment Building $2,750,000 ($392,857/Unit) 7.68% Cap Rate San Jose, CA 95116
Investment Highlights
- Excellent cash-flowing property w. seven individual units.
- Many upgrades and improvements have been made, including new electric panels, plumbing, and a roof.
- Qualifies for residential financing.
- Great for Airbnb business, a family compound, or a combination of both.
Executive Summary
Don't miss this investment property, which produces over $270,000 in gross income potential! This multifamily property features a well-maintained 4,450-square-foot building with seven units, offering a prime opportunity for a cash-flow-seeking investor. Built in 1978, the property was thoughtfully renovated with new electric panels, plumbing, and a roof. The majority of the property was constructed between 2019 and 2022. Take advantage of this turnkey investment in a sought-after location—the property's location positions it for long-term rental success.
Property Facts
| Price | $2,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $392,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 7.68% | Building Size | 9,687 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 1.02/1,000 SF |
| Zoning | R1-8 | ||
| Price | $2,750,000 |
| Price Per Unit | $392,857 |
| Sale Type | Investment |
| Cap Rate | 7.68% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,687 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | R1-8 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Yard
- Double Pane Windows
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 484-43-090 | Improvements Assessment | $690,828 |
| Land Assessment | $719,508 | Total Assessment | $1,410,336 |
Property Taxes
Parcel Number
484-43-090
Land Assessment
$719,508
Improvements Assessment
$690,828
Total Assessment
$1,410,336
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Presented by
Amit Urban
2604 Sierra Vista Ct
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