Skip to main content

Multifamily

1566 Stokes St

1566 Stokes St, San Jose, CA 95126

Listing Price: $1,850,000

Cap Rate
3.36%
Number of Units
4
GRM
14.97
Occupancy
95.0%
Price/Unit
$462,500

Investment Overview

1566 Stokes Street is a four-unit multifamily property located in San Jose. The unit mix consists of (1) 3 bedroom / 2.5 bathroom, (1) 2 bedroom / 1 bathroom, and (2) 1 bedroom / 1 bathroom. It sits on a lot that is 0.20 acres or 8,712 Sqft. Residents enjoy amenities such as on-site parking in a gated lot, controlled access, and a laundry room. The location is also a key highlight as it's next to several major streets and transit hubs, while located between numerous centers of economic activity.

Investment Highlights

  • Property has completed all SB-721 requirements - the required inspections of exterior elevated elements (balconies).
  • Unit 1 has been fully renovated with new stainless steel appliances, flooring, countertops, and bathroom fixtures.
  • Most of the units are large and spacious.
  • Residents are within walking distance of eBay's Main Campus, the Pruneyard Shopping Center, and Downtown Campbell.
  • Lightrail offers a direct route to either Downtown Campbell or Downtown San Jose.

Exclusively Listed By

Multifamily

1566 Stokes St

Listing Price: $1,850,000

Cap Rate
3.36%
Number of Units
4
GRM
14.97
Occupancy
95.0%
Price/Unit
$462,500

Investment Highlights

  • Property has completed all SB-721 requirements - the required inspections of exterior elevated elements (balconies).
  • Unit 1 has been fully renovated with new stainless steel appliances, flooring, countertops, and bathroom fixtures.
  • Most of the units are large and spacious.
  • Residents are within walking distance of eBay's Main Campus, the Pruneyard Shopping Center, and Downtown Campbell.
  • Lightrail offers a direct route to either Downtown Campbell or Downtown San Jose.

Investment Overview

1566 Stokes Street is a four-unit multifamily property located in San Jose. The unit mix consists of (1) 3 bedroom / 2.5 bathroom, (1) 2 bedroom / 1 bathroom, and (2) 1 bedroom / 1 bathroom. It sits on a lot that is 0.20 acres or 8,712 Sqft. Residents enjoy amenities such as on-site parking in a gated lot, controlled access, and a laundry room. The location is also a key highlight as it's next to several major streets and transit hubs, while located between numerous centers of economic activity.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower