Multifamily
5390 Carryback Ave
5390 Carryback Ave, San Jose, CA 95111
Listing Price: $4,600,000
Investment Overview
Marcus & Millichap is pleased to present 5390 Carryback Avenue, a 14-unit multifamily community located in San Jose, a gateway to Silicon Valley’s innovation and employment base. Constructed in 1980, the property comprises approximately 12,292 square feet of rentable space situated on a 27,500 square foot parcel and is improved with three detached buildings, including two six-unit apartment buildings and one two-unit townhouse-style structure. The unit mix is highly desirable and includes two (2) three-bedroom, two-bath units with in-unit laundry, two (2) two-bedroom, one-bath townhouse-style units with in-unit laundry, and ten (10) two-bedroom, one-bath apartment units.
5390 Carryback Ave
Investment Highlights
- 1980's Construction – Not Subject to San Jose City Rent Control (Only State Rent Control)
- Strong Unit Mix includes large 3BD, 2BD, & Town-Home-Style Units
- 23% Upside Potential – Room for Rent Increases through Turnover and Upgrades
- Covered Parking + Private Spaces – A rare amenity in this Submarket
- Proximity to Transit and Jobs – Minutes from Caltrain and major employers
- Strong South San Jose Rental Market with Low Vacancy and Excellent Access to Major Silicon Valley Commuter Routes
Exclusively Listed By
Listing Price: $4,600,000
Investment Highlights
- 1980's Construction – Not Subject to San Jose City Rent Control (Only State Rent Control)
- Strong Unit Mix includes large 3BD, 2BD, & Town-Home-Style Units
- 23% Upside Potential – Room for Rent Increases through Turnover and Upgrades
- Covered Parking + Private Spaces – A rare amenity in this Submarket
- Proximity to Transit and Jobs – Minutes from Caltrain and major employers
- Strong South San Jose Rental Market with Low Vacancy and Excellent Access to Major Silicon Valley Commuter Routes
Investment Overview
Marcus & Millichap is pleased to present 5390 Carryback Avenue, a 14-unit multifamily community located in San Jose, a gateway to Silicon Valley’s innovation and employment base. Constructed in 1980, the property comprises approximately 12,292 square feet of rentable space situated on a 27,500 square foot parcel and is improved with three detached buildings, including two six-unit apartment buildings and one two-unit townhouse-style structure. The unit mix is highly desirable and includes two (2) three-bedroom, two-bath units with in-unit laundry, two (2) two-bedroom, one-bath townhouse-style units with in-unit laundry, and ten (10) two-bedroom, one-bath apartment units.
Exclusively Listed By
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