3228 Williamsburg Drive
San Jose, CA 95117
Purchase Price
$1,625,000
Cap Rate
2.03%
Property Type
MultiFamily
Rentable Square Feet
2,880
Price per Unit
$406,250.00
Number of Units
4
Floors
2
Zoning
R3
APN
30502018
Property Description
Four-unit apartment building in robust rental location. The building has four two bedroom, one bath units, all 720 SF in size. The building has recently undergone some renovations with three units being completely renovated in the last year and one unit partially renovated. Units 1, 3 & 4 have been completely redone, including kitchens, bathrooms, flooring and paint. Unit 2 has been partially renovated with a new bathroom. All units have dual-pane windows. Constructed in 1962, the 2880 SF building sits on a 7,448 SF lot. The foundation is concrete perimeter, with a concrete parking lot and four carports. There is parking for eight vehicles: four covered and four uncovered. Property and pest inspection reports are available. All four units are rented at or near market rents. The property is located in a robust rental location of West San Jose, near the Campbell border and just one mile from downtown Campbell. It is also very close to shopping, schools, and commuter routes. Excellent investment for a first time property owner.
Presented by
Michael Shields, CCIM
01327546, California
408-356-1900
michael@svmultifamily.com
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