Located in Cupertino School District! 380 Richfield Dr

4 Unit Apartment Building $2,350,000 ($587,500/Unit) 3.79% Cap Rate San Jose, CA 95129

INVESTMENT HIGHLIGHTS

  • Located in the Cupertino Union School District
  • Excellent unit mix of 3-bedroom and 2-bedrooms

EXECUTIVE SUMMARY

Located in Cupertino Union School District! This exceptional four-unit apartment building combines a superior location with a diversified unit mix, making it an ideal asset for investors or owner-occupants. Situated in the prestigious Cupertino Union School District and just two miles from Apple’s iconic spaceship headquarters, the property offers unparalleled access to top-tier schools, major employers, and a thriving tenant base. Each unit is
thoughtfully designed to maximize functionality and comfort, appealing to a broad range of tenants.

PROPERTY FACTS

Price $2,350,000
Price Per Unit $587,500
Sale Type Investment
Cap Rate 3.79%
Gross Rent Multiplier 17.49
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.16 AC
Building Size 7,828 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 0.77/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 - -
2+1.5 2 - -
2+1 1 - -

PROPERTY TAXES

ZONING

Zoning Code *RM
  • Listing ID: 34616498

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 380 Richfield Dr, San Jose, CA 95129