Also selling 1793 Bradford Way | 1797 Bradford Way
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Also selling 1793 Bradford Way 1797 Bradford Way
4 Unit Apartment Building $1,898,000 ($474,500/Unit) 4.33% Cap Rate San Jose, CA 95124
Investment Highlights
- Spacious units that are approximately 825 sqft
- Strong rents in line with current market rates
- Updated windows, landscaping and roof within the last 10 years
- Located in the Cambrian area of South San Jose
Executive Summary
STRONG RENTS, averaging almost $2,600 per unit per month! 1797 Bradford Way is a four-unit property located in the Cambrian area of San Jose. The unit mix consists of (4) two bedrooms / one bathroom that are approximately 825 sqft. It sits on a 0.16 acre (or 6,534 sqft) lot. Among the amenities are on-site parking for each unit and street parking in the area. The property has undergone renovations in the last 10 years that include updated windows, landscaping, and new roofing plus a new water heater in 2020. All units are fully occupied. 1793 Bradford, also a four-unit property, is being offered for sale with even higher rents at $2,622 per unit per month.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
|
| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,898,000 | Apartment Style | Low Rise |
| Price Per Unit | $474,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.33% | Building Size | 3,300 SF |
| Gross Rent Multiplier | 15.28 | Average Occupancy | 95% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.21/1,000 SF |
| Price | $1,898,000 |
| Price Per Unit | $474,500 |
| Sale Type | Investment |
| Cap Rate | 4.33% |
| Gross Rent Multiplier | 15.28 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,300 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.21/1,000 SF |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,575 | 825 |
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 419-04-031 | Improvements Assessment | $305,869 (2023) |
| Land Assessment | $202,655 (2023) | Total Assessment | $508,524 (2023) |
PROPERTY TAXES
Parcel Number
419-04-031
Land Assessment
$202,655 (2023)
Improvements Assessment
$305,869 (2023)
Total Assessment
$508,524 (2023)
zoning
| Zoning Code | *RM |
| *RM |
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Also selling 1793 Bradford Way | 1797 Bradford Way
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