523 Page St | San Jose, CA 95126
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523 Page St
San Jose, CA 95126
Multifamily Property For Sale · 10 Units
Executive Summary
Introducing 523 Page Street, a highly-renovated 10 unit apartment building in the heart of Silicon Valley. The property contains a desirable unit mix of (8) 2 bedrooms/1 bath units and (2) 1 bedroom/1 bath units on a generous 13,400 square foot parcel. 9 of the 10 unit interiors have been thoughtfully modernized including kitchen cabinets, stone countertops, stainless steel appliances (select units) etc., LVP or carpet flooring, and the bathrooms contain new vanities, shower bath surround, etc., upgraded interior doors and closet doors, and recessed lighting (most units). Units 1 and 6 have large private patios and all units have individual water heaters. Each building exterior recently received a fresh coat of paint, possess double pane windows throughout, and the grounds are easily maintained with drought tolerant landscaping. Tenants benefit from a new laundry facility with owned laundry equipment attractive flooring. parking: (6) carport spaces, (4) tuck under spaces with storage lockers and (2) uncovered spaces.
PROPERTY FACTS
Price Per Unit | $330,000 | Apartment Style | Low Rise |
Sale Type | Investment | Building Class | C |
Cap Rate | 4.81% | Lot Size | 0.31 AC |
Gross Rent Multiplier | 13.26 | Building Size | 7,824 SF |
No. Units | 10 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1963 |
Property Subtype | Apartment | Parking Ratio | 3.83/1,000 SF |
Price Per Unit | $330,000 |
Sale Type | Investment |
Cap Rate | 4.81% |
Gross Rent Multiplier | 13.26 |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.31 AC |
Building Size | 7,824 SF |
No. Stories | 2 |
Year Built | 1963 |
Parking Ratio | 3.83/1,000 SF |
Unit Amenities
- Kitchen
- Stainless Steel Appliances
- Patio
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 10 | - | - |
PROPERTY TAXES
Parcel Number | 277-19-033 | Improvements Assessment | $597,358 |
Land Assessment | $1,450,729 | Total Assessment | $2,048,087 |
PROPERTY TAXES
Parcel Number
277-19-033
Land Assessment
$1,450,729
Improvements Assessment
$597,358
Total Assessment
$2,048,087
zoning
Zoning Code | R3 |
R3 |
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