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
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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 |