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Multifamily

794 Deland Ave

794 Deland Ave, San Jose, CA 95128

Listing Price: $2,398,000

Cap Rate
3.38%
Number of Units
6
Occupancy
97.0%
Price/Unit
$399,667
Price/Gross SF
$671.71
Gross SF
3,570

Investment Overview

Marcus and Millichap is pleased to present 794 Deland Ave, located in San Jose, California. Deland Ave is a 6 unit apartment complex consisting of all one bedroom units on a 6,458 square foot lot. Each unit is approximately 550 square feet with five of the six units being recently renovated - including new appliances, kitchens, bathrooms, and more. Deland Ave is walking distance from San Jose City College, Valley Medical Center, and Fruitdale Station, with quick access to all major freeways. New developments in this area, paired with San Jose’s continuous growing market, make this building a sounds investment property for anyone looking to grow their portfolio. Subject property has been fully renovated and stabilized with market rents across almost all units, helping increase cash flow while limiting maintenance expenses.

Investment Highlights

  • 5 of 6 Units Fully Renovated
  • New Appliances, inclusing Dish Washer
  • New Washer & Dryer
  • Dual Pane Windows
  • Stabilized Rents
  • Close Proximity to All Major Freeways, San Jose City College
  • Walking Distant to Downtown Willow Glen

Exclusively Listed By

Multifamily

794 Deland Ave

Listing Price: $2,398,000

Cap Rate
3.38%
Number of Units
6
Occupancy
97.0%
Price/Unit
$399,667
Price/Gross SF
$671.71
Gross SF
3,570

Investment Highlights

  • 5 of 6 Units Fully Renovated
  • New Appliances, inclusing Dish Washer
  • New Washer & Dryer
  • Dual Pane Windows
  • Stabilized Rents
  • Close Proximity to All Major Freeways, San Jose City College
  • Walking Distant to Downtown Willow Glen

Investment Overview

Marcus and Millichap is pleased to present 794 Deland Ave, located in San Jose, California. Deland Ave is a 6 unit apartment complex consisting of all one bedroom units on a 6,458 square foot lot. Each unit is approximately 550 square feet with five of the six units being recently renovated - including new appliances, kitchens, bathrooms, and more. Deland Ave is walking distance from San Jose City College, Valley Medical Center, and Fruitdale Station, with quick access to all major freeways. New developments in this area, paired with San Jose’s continuous growing market, make this building a sounds investment property for anyone looking to grow their portfolio. Subject property has been fully renovated and stabilized with market rents across almost all units, helping increase cash flow while limiting maintenance expenses.

Exclusively Listed By

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