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498 Boynton Ave
San Jose, CA 95117
ReNew 4NinetyEight · Multifamily Property For Sale
·
46 Units
Investment Highlights
- First time on the market in over 40 years.
- Over 20 units upgraded or renovated.
- Easy access to Valley Fair and Santana Row.
- Incredibly well-maintained - $1.22 million in capital improvements have been under taken since 2014.
- Amenities include clubhouse, pool, barbecue area, and laundry facilities.
- Est. 12% loss-to-lease prior to any capital improvements.
Property Facts
| No. Units | 46 | Building Size | 31,420 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 1.54 AC | ||
| Zoning | R3 | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 31,420 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Range
- Double Pane Windows
- Smoke Free
Site Amenities
- 24 Hour Access
- Clubhouse
- Laundry Facilities
- Pool
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $2,450 | 635 |
| 2+1 | 26 | $2,725 | 720 |
Property Taxes
| Parcel Number | 303-28-016 | Improvements Assessment | $3,871,130 |
| Land Assessment | $11,132,280 | Total Assessment | $15,003,410 |
Property Taxes
Parcel Number
303-28-016
Land Assessment
$11,132,280
Improvements Assessment
$3,871,130
Total Assessment
$15,003,410
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