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Multifamily

832 Deland Ave

832 Deland Ave, San Jose, CA 95128

Listing Price: $1,825,000

Cap Rate
3.69%
Number of Units
6
GRM
13.34
Price/Unit
$304,167
Price/Gross SF
$519.94
Gross SF
3,510

Investment Overview

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 832 Deland Ave. a 6-unit multifamily property located in San Jose while also within proximity to Campbell and eBays main campus. The property has undergone numerous improvements in recent years including a complete remodel of unit 3, replacement of the deck/stairs/handrails, and upgraded copper plumbing. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The unit mix consists of (6) 1 bedroom / 1 bathroom that are approximately 585 sq ft each.

Investment Highlights

  • Spacious units that average over 500 sq ft while having a kitchen and living room.
  • On-site laundry allows for an additional source of revenue.
  • Plumbing and pipes were upgraded to copper in 2019 while the stairs, handrail, and walkway were replaced in 2020.

Exclusively Listed By

Financing By

Multifamily

832 Deland Ave

Listing Price: $1,825,000

Cap Rate
3.69%
Number of Units
6
GRM
13.34
Price/Unit
$304,167
Price/Gross SF
$519.94
Gross SF
3,510

Investment Highlights

  • Spacious units that average over 500 sq ft while having a kitchen and living room.
  • On-site laundry allows for an additional source of revenue.
  • Plumbing and pipes were upgraded to copper in 2019 while the stairs, handrail, and walkway were replaced in 2020.

Investment Overview

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 832 Deland Ave. a 6-unit multifamily property located in San Jose while also within proximity to Campbell and eBays main campus. The property has undergone numerous improvements in recent years including a complete remodel of unit 3, replacement of the deck/stairs/handrails, and upgraded copper plumbing. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The unit mix consists of (6) 1 bedroom / 1 bathroom that are approximately 585 sq ft each.

Exclusively Listed By

Financing By

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