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655 Nordale Ave
San Jose, CA 95112
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- New roof installed May 2025!
- Call listing brokers for more information
- 5% Cap Rate w/ significant upside!
EXECUTIVE SUMMARY
655 Nordale Avenue is a five-unit apartment that was built in 1962 and sits on a 7,500 SF / 0.17 Acres lot. The property has one (1) Studio unit, three (3) 1 Bedroom x 1 Bathroom
units, and one (1) 2 Bedroom x 1 Bathroom unit. The property offers on-site parking and a new roof that was installed in May 2025!
Call listing brokers for more information
units, and one (1) 2 Bedroom x 1 Bathroom unit. The property offers on-site parking and a new roof that was installed in May 2025!
Call listing brokers for more information
PROPERTY FACTS
| Price Per Unit | $305,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 5.01% | Building Size | 3,280 SF |
| Gross Rent Multiplier | 13 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 4.88/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3H, San Jose - Medium-High Density Residential | ||
| Price Per Unit | $305,000 |
| Sale Type | Investment |
| Cap Rate | 5.01% |
| Gross Rent Multiplier | 13 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,280 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 4.88/1,000 SF |
| Zoning | R3H, San Jose - Medium-High Density Residential |
AMENITIES
UNIT AMENITIES
- Microwave
- Oven
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $769,582 | |
| Land Assessment | $732,562 | Total Assessment | $1,502,144 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$732,562
Improvements Assessment
$769,582
Total Assessment
$1,502,144
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