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

PROPERTY TAXES

ZONING

Zoning Code R3, San Jose
  • Listing ID: 34616619

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 477 Greendale Way, San Jose, CA 95129