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Multifamily

380 Richfield Dr

380 Richfield Dr, San Jose, CA 95129

Listing Price: $2,350,000

Cap Rate
3.79%
Number of Units
4
GRM
15.54
Occupancy
97.0%
Price/Unit
$587,500
Price/Gross SF
$614.06
Gross SF
3,827

Investment Overview

This exceptional four-unit apartment building combines a superior location with a diversified unit mix, making it an ideal asset for investors or owner-occupants. Situated in the prestigious Cupertino Union School District and just 2 miles from Apple’s iconic spaceship headquarters, the property offers unparalleled access to top-tier schools, major employers, and a thriving tenant base.

Each unit is thoughtfully designed to maximize functionality and comfort, appealing to a broad range of tenants.

Unit Mix:
1 x 3-Bedroom, 2-Bath Unit
Features a cozy fireplace, generous living space, and potential as an owner-occupied unit for those seeking to balance personal living with rental income.
1 x 2-Bedroom, 1.5-Bath Unit
2 x 2-Bedroom, 1-Bath Units

Key Highlights:

Prime Location:
Positioned in one of Silicon Valley’s most desirable neighborhoods, known for its top-ranked schools and proximity to global tech leaders like Apple, Google, and Netflix. Just a short drive to popular retail, dining, and entertainment hubs, enhancing tenant desirability and lifestyle.

Fully Leased with Competitive Rents:
The property is 100% occupied, generating steady cash flow from tenants attracted by its strategic location and quality living spaces.

Owner-User Flexibility:
The 3-bedroom unit’s upscale features and size offer an ideal opportunity for an owner-user seeking to capitalize on tax benefits and rental income.

Diverse Tenant Appeal:
With its versatile unit mix, the property attracts a balanced tenant base, including families prioritizing school districts and professionals employed by Silicon Valley’s tech giants.

Investment Summary:
This four-unit asset combines stability, location, and growth potential, making it a standout addition to any investment portfolio. Whether you’re seeking a passive income stream, long-term appreciation, or an opportunity to live and invest, this asset delivers across the board.

Investment Highlights

  • Located in Cupertino Union School District
  • Garage Parking
  • 3-Bedroom & 2-Bedroom Units

Exclusively Listed By

Multifamily

380 Richfield Dr

Listing Price: $2,350,000

Cap Rate
3.79%
Number of Units
4
GRM
15.54
Occupancy
97.0%
Price/Unit
$587,500
Price/Gross SF
$614.06
Gross SF
3,827

Investment Highlights

  • Located in Cupertino Union School District
  • Garage Parking
  • 3-Bedroom & 2-Bedroom Units

Investment Overview

This exceptional four-unit apartment building combines a superior location with a diversified unit mix, making it an ideal asset for investors or owner-occupants. Situated in the prestigious Cupertino Union School District and just 2 miles from Apple’s iconic spaceship headquarters, the property offers unparalleled access to top-tier schools, major employers, and a thriving tenant base. Each unit is thoughtfully designed to maximize functionality and comfort, appealing to a broad range of tenants. Unit Mix: 1 x 3-Bedroom, 2-Bath Unit Features a cozy fireplace, generous living space, and potential as an owner-occupied unit for those seeking to balance personal living with rental income. 1 x 2-Bedroom, 1.5-Bath Unit 2 x 2-Bedroom, 1-Bath Units Key Highlights: Prime Location: Positioned in one of Silicon Valley’s most desirable neighborhoods, known for its top-ranked schools and proximity to global tech leaders like Apple, Google, and Netflix. Just a short drive to popular retail, dining, and entertainment hubs, enhancing tenant desirability and lifestyle. Fully Leased with Competitive Rents: The property is 100% occupied, generating steady cash flow from tenants attracted by its strategic location and quality living spaces. Owner-User Flexibility: The 3-bedroom unit’s upscale features and size offer an ideal opportunity for an owner-user seeking to capitalize on tax benefits and rental income. Diverse Tenant Appeal: With its versatile unit mix, the property attracts a balanced tenant base, including families prioritizing school districts and professionals employed by Silicon Valley’s tech giants. Investment Summary: This four-unit asset combines stability, location, and growth potential, making it a standout addition to any investment portfolio. Whether you’re seeking a passive income stream, long-term appreciation, or an opportunity to live and invest, this asset delivers across the board.

Exclusively Listed By

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