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2701 Alum Rock Ave
San Jose, CA 95127
8 Unit Apartment Bldg. with 2 Retail Units · Retail Property For Sale
Investment Highlights
- 8 Unit Apartment Building with 2 Retail Units
- All 8 Apartment Units are 1 Bedroom/1 Bathroom
- 100% Leased
- Located on the Corner of Alum Rock Ave & N Capitol Ave with Easy Access to Hwy 680
Executive Summary
- 8 unit apartment building with 2 retail units.
- 100% leased.
- All 8 apartment units are 1 bedroom/1 bathroom.
- Located on the corner of Alum Rock Ave & N Capitol Ave with easy access to Hwy 680.
- 100% leased.
- All 8 apartment units are 1 bedroom/1 bathroom.
- Located on the corner of Alum Rock Ave & N Capitol Ave with easy access to Hwy 680.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,706 SF
Building Class
C
Year Built
1954
Price
$2,900,000
Price Per SF
$616.23
Cap Rate
7.06%
NOI
$204,656
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.29 AC
Zoning
C1 - Commercial Neighborhood
Parking
11 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
35’ on Alum Rock Ave
Property Taxes
| Parcel Number | 484-19-112 | Improvements Assessment | $907,094 |
| Land Assessment | $468,960 | Total Assessment | $1,376,054 |
Property Taxes
Parcel Number
484-19-112
Land Assessment
$468,960
Improvements Assessment
$907,094
Total Assessment
$1,376,054
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