Investment Overview

Marcus & Millichap is pleased to present 1634 The Alameda in San Jose, California. This property was built in 1955 and sits on a massive 20,230 SF/ 0.46 Acres lot, per county assessor. The listing comprises of 2 multifamily buildings on one lot. 1634 The Alameda is an 18-unit apartment complex with nine (9) Studio units, six (6) 1 Bedroom x 1 Bathroom units, and three (3) 2 Bedroom x 1 Bathroom units. The property also offers on-site parking and a shared laundry room. Perfectly positioned less than two miles from San Jose State University, Downtown San Jose, the SAP Center, and the lively San Pedro Square Market, the property enjoys access to a vibrant mix of restaurants, bars, shopping, and entertainment. It's also well-connected to the broader Bay Area via Interstate 880, State Route 87, U.S. Route 101, and the nearby College Park Caltrain Station. As the capital of Silicon Valley, San Jose is home to major employers like Adobe, Zoom, Google, Apple, and Cisco. This growing tech ecosystem supports strong rental demand and long-term value appreciation. In addition to its economic vitality, the area boasts a highly walkable urban core, extensive parks and trails, and a diverse cultural scene.