Multifamily Property with Covered
For Sale
$1,750,000
1032 Vermont St, San Jose, CA 95126
Multifamily property featuring on-site laundry, forced-air heating, and a combination of garages and covered parking.
Property Size3,838 SF
Price / SF$455.97
Days on Market48
Property Features for 1032 Vermont St
General Information
Standard status
Active
Size
3,838 SF
Total Parking Spaces
6
Property subtype
Residential Income
Site & Location
Neighborhood
Vermont
Taxes and HOA fees
Annual Taxes
$21,875
Amenities
laundry facilities
forced air heating
Listing Agency:
KW Bay Area Estates
(408) 560-9000
Listed By:
Paul Prouty · License #01171285
(408) 806-3393
Source:
Exprealty
Added: Sep 15
Changed: Oct 25
Last Checked: Nov 1 at 8:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Bay Area Estates
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Investment Insights
Based on property information with market context.
This multifamily property in San Jose provides 3,838 square feet of living space with carpet and laminate flooring. Kitchen equipment varies by unit and includes electric and gas cooktops, dishwashers, garbage disposals, hood-over-range ventilation, oven ranges, and refrigerators. A card-operated washer and dryer serve the property, while forced-air heating supports the interiors.
Parking includes two single-car garages and a 4-space carport. The property is located within the San Jose Unified elementary school district.
Parking includes two single-car garages and a 4-space carport. The property is located within the San Jose Unified elementary school district.
Key Highlights
- 3,838 square feet of living space
- Two single‑car garages plus a 4‑space carport
- Card‑operated washer and dryer on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,830
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,600
$1.6M
Cap Rate 7%
$1,140,429
$1.1M
Cap Rate 9%
$887,000
$887.0K
Market Conditions
NOI Build-Up for 3,838 SF
Gross rent
$152.0K $39.60/SF
− Vacancy
−$6.8K −$1.78/SF
EGI
$145.1K $37.82/SF
− OpEx
−$65.3K −$17.02/SF
NOI
$79.8K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,596,600
Cap Rate 7%
$1,140,429
Cap Rate 9%
$887,000
Alternative Uses
Best Use
Apartment 5plus
$1.14M
$997.9K – $1.33M
NOI $79,830 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,252 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,877
Businesses Nearby
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Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property featuring on-site laundry, forced-air heating, and a combination of garages and covered parking.
Where is this multifamily property located?
The property is located at 1032 Vermont St San Jose, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3,838 square feet of living space; Two single‑car garages plus a 4‑space carport; Card‑operated washer and dryer on site
