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Multifamily

1113 Roewill Dr

1113 Roewill Dr, San Jose, CA 95117

Listing Price: $2,250,000

Cap Rate
4.85%
Number of Units
8
GRM
10.65
Price/Unit
$281,250
Price/Gross SF
$493.42
Gross SF
4,560

Investment Overview

Jimmy Castellanos is excited to present 1113 Roewill Drive, a wonderfully maintained 8-unit multifamily community in West San Jose, one of the Silicon Valley’s most sought after submarkets. Constructed in 1961, the property comprises eight polished one-bedroom/one-bath units across approximately 4,560 square feet of rentable space on 8,100 square foot lot, per county records.

At the crossroads of connectivity and convenience, this property offers a rare blend of lifestyle, accessibility, and investment potential in one of Silicon Valley’s most dynamic corridors. Perfectly positioned between San Tomas Expressway and Saratoga Avenue, just a mile south of I-280, the site is surrounded by a wealth of shopping and dining, including Westgate Center with Target, Sprouts, Nordstrom Rack, Trader Joe’s, CVS, Walgreens, and the highly anticipated Costco, all within a mile and a half. Saratoga Avenue itself provides abundant retail and dining options, while nearby schools, and parks create a strong community backdrop. With Downtown Campbell, Westfield Valley Fair, Santana Row, and San Jose Mineta International Airport just minutes away, the location delivers unmatched access to the region’s premier lifestyle and employment hubs.

As one of the largest cities in Silicon Valley, San Jose plays a pivotal role in California’s technology landscape, blending economic strength with a highly desirable quality of life. Framed by stunning rolling hills and a central location, the city continues to attract major tech employers drawn to its deep pool of innovation and talent. Ongoing job growth in the high tech sector, paired with a persistent shortage of housing and steadily rising rental rates, positions 1113 Roewill Drive as an exceptional investment opportunity in one of the region’s most competitive and thriving markets.

Investment Highlights

  • Prime West San Jose Location
  • Strong, High-Income Tenant Base
  • Well-Maintained Asset Demonstrates Pride of Ownership with Recent Upgrades and Disciplined Management Style.
  • First Time Offered for Sale Since 1989
  • High-Growth Submarket with Nearby Major Tech Companies and Supported by Pro-Development Policies Such as El Paseo De Saratoga Mixed-Use Village.
  • Fantastic Location for Commuters

Exclusively Listed By

Multifamily

1113 Roewill Dr

Listing Price: $2,250,000

Cap Rate
4.85%
Number of Units
8
GRM
10.65
Price/Unit
$281,250
Price/Gross SF
$493.42
Gross SF
4,560

Investment Highlights

  • Prime West San Jose Location
  • Strong, High-Income Tenant Base
  • Well-Maintained Asset Demonstrates Pride of Ownership with Recent Upgrades and Disciplined Management Style.
  • First Time Offered for Sale Since 1989
  • High-Growth Submarket with Nearby Major Tech Companies and Supported by Pro-Development Policies Such as El Paseo De Saratoga Mixed-Use Village.
  • Fantastic Location for Commuters

Investment Overview

Jimmy Castellanos is excited to present 1113 Roewill Drive, a wonderfully maintained 8-unit multifamily community in West San Jose, one of the Silicon Valley’s most sought after submarkets. Constructed in 1961, the property comprises eight polished one-bedroom/one-bath units across approximately 4,560 square feet of rentable space on 8,100 square foot lot, per county records. At the crossroads of connectivity and convenience, this property offers a rare blend of lifestyle, accessibility, and investment potential in one of Silicon Valley’s most dynamic corridors. Perfectly positioned between San Tomas Expressway and Saratoga Avenue, just a mile south of I-280, the site is surrounded by a wealth of shopping and dining, including Westgate Center with Target, Sprouts, Nordstrom Rack, Trader Joe’s, CVS, Walgreens, and the highly anticipated Costco, all within a mile and a half. Saratoga Avenue itself provides abundant retail and dining options, while nearby schools, and parks create a strong community backdrop. With Downtown Campbell, Westfield Valley Fair, Santana Row, and San Jose Mineta International Airport just minutes away, the location delivers unmatched access to the region’s premier lifestyle and employment hubs. As one of the largest cities in Silicon Valley, San Jose plays a pivotal role in California’s technology landscape, blending economic strength with a highly desirable quality of life. Framed by stunning rolling hills and a central location, the city continues to attract major tech employers drawn to its deep pool of innovation and talent. Ongoing job growth in the high tech sector, paired with a persistent shortage of housing and steadily rising rental rates, positions 1113 Roewill Drive as an exceptional investment opportunity in one of the region’s most competitive and thriving markets.

Exclusively Listed By

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