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139 E Julian Street San Jose CA 95112 139-143 E Julian St

9 Unit Apartment Building $1,688,888 ($187,654/Unit) 5% Cap Rate San Jose, CA 95112

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Investment Highlights

High Stable incomes
High Potential

Down Town Convenient

Executive Summary

A true cash cow in Down Town San Jose CA 95112. Strong stable rental income with high potential. Total 9 units: 7 units are in the front building & 2 units are at back separated single level duplex; 8 units are currently rented out. 1 Vacant unit needs to be remodeled and upgraded. The potential rent is estimated at $1,800-$1,900/Per month.
Convenient location

Financial Summary (Actual - 2023) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$1,688,888	Building Class	C
Price Per Unit	$187,654	Lot Size	0.11 AC
Sale Type	Investment	Building Size	6,054 SF
Cap Rate	5%	Average Occupancy	89%
Sale Conditions	1031 Exchange	No. Stories	2
No. Units	9	Year Built	1898
Property Type	Multifamily	Parking Ratio	1.23/1,000 SF
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$1,688,888
Price Per Unit	$187,654
Sale Type	Investment
Cap Rate	5%
Sale Conditions	1031 Exchange
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.11 AC
Building Size	6,054 SF
Average Occupancy	89%
No. Stories	2
Year Built	1898
Parking Ratio	1.23/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.