Located in Cupertino School District 477 Greendale Way
4 Unit Apartment Building $2,500,000 ($625,000/Unit) 4.16% Cap Rate San Jose, CA 95129
INVESTMENT HIGHLIGHTS
- Cupertino Union School District!
- Excellent unit mix of 3-bedroom and 2-bedroom units
EXECUTIVE SUMMARY
Located in Cupertino School District! Strategically located just two miles from Apple’s world headquarters and within the highly coveted Cupertino Union School District, this 4-unit multifamily property offers a unique opportunity to invest in Silicon Valley’s booming real estate market. Thoughtfully updated and well-maintained, this asset delivers strong rental income, stable returns, and significant long-term value appreciation potential.
PROPERTY FACTS
| Price | $2,500,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 4.16% |
| Gross Rent Multiplier | 16.24 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,152 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.84/1,000 SF |
UNIT AMENITIES
- Balcony
- Storage Space
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 850 |
| 3+2 | 1 | - | 1,150 |
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PROPERTY TAXES
| Parcel Number | 296-39-047 | Improvements Assessment | $420,177 |
| Land Assessment | $745,671 | Total Assessment | $1,165,848 |
ZONING
| Zoning Code | R3, San Jose |
