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8 Unit Apartment Bldg. with 2 Retail Units 2701 Alum Rock Ave

4,706 SF 100% Leased Retail Building San Jose, CA 95127 $2,900,000 ($616/SF) 7.06% Cap Rate

Investment Highlights

  • 8 Unit Apartment Building with 2 Retail Units
  • All 8 Apartment Units are 1 Bedroom/1 Bathroom
  • 100% Leased
  • Located on the Corner of Alum Rock Ave & N Capitol Ave with Easy Access to Hwy 680

Executive Summary

- 8 unit apartment building with 2 retail units.
- 100% leased.
- All 8 apartment units are 1 bedroom/1 bathroom.
- Located on the corner of Alum Rock Ave & N Capitol Ave with easy access to Hwy 680.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,706 SF
Building Class
C
Year Built
1954
Price
$2,900,000
Price Per SF
$616
Cap Rate
7.06%
NOI
$204,656
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.29 AC
Zoning
C1 - Commercial Neighborhood
Parking
11 Spaces (2.34 Spaces per 1,000 SF Leased)
Frontage
35 FT on Alum Rock Ave
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Citi
Starbucks
Bank of America
FoodMaxx
Fitness 19
Cardenas
Sunbelt Rentals
Grocery Outlet
Sprouts Farmers Market
Crunch

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
484-19-112
Land Assessment
$450,750
Improvements Assessment
$871,871
Total Assessment
$1,322,621
  • Listing ID: 33537914

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 2701 Alum Rock Ave, San Jose, CA 95127

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