7-Unit Apartment
1264 Whitton Ave, San Jose, CA 95116
For Sale
$1,649,999
The residential mix includes studio, one-bedroom, and two-bedroom apartments.
Property Size3,084 SF
Price / SF$535.02
Days on Market50
Property Features for 1264 Whitton Ave
General Information
Standard status
Size
Property subtype
Net Operating Income
Financials
Cap Rate
Gross Income
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Fathom Realty Group
Listed By:
Patrick Carvalho · License CA #02136374
(925) 457-7161
Source:
Homeisv
Added: Sep 26
Changed: Oct 25
Last Checked: Oct 7 at 1:05PM
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 Fathom Realty Group
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Investment Insights
Based on property information with market context.
This apartment property contains seven residential units across 3,084 square feet. The unit mix comprises three two-bedroom, one-bath apartments, three one-bedroom, one-bath apartments, and one studio. Built in 1962, the property is located at 1264 Whitton Ave in San Jose, California.
Key Highlights
- Seven apartments: three 2‑bedroom/1‑bath units, three 1‑bedroom/1‑bath units, and one studio
- 3,084 square feet
- Built in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,147
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,940
$1.3M
Cap Rate 7%
$916,386
$916.4K
Cap Rate 9%
$712,744
$712.7K
Market Conditions
NOI Build-Up for 3,084 SF
Gross rent
$122.1K $39.60/SF
− Vacancy
−$5.5K −$1.78/SF
EGI
$116.6K $37.82/SF
− OpEx
−$52.5K −$17.02/SF
NOI
$64.1K $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%
$1,282,940
Cap Rate 7%
$916,386
Cap Rate 9%
$712,744
Alternative Uses
Best Use
Apartment 5plus
$916.4K
$801.8K – $1.07M
NOI $64,147 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,377 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
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Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in San Jose, CA
Properties on Market for Apartment buildings in San Jose
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The residential mix includes studio, one-bedroom, and two-bedroom apartments.
Where is this apartment building located?
The property is located at 1264 Whitton Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,649,999.
What are key features of this property?
This property features: Seven apartments: three 2‑bedroom/1‑bath units, three 1‑bedroom/1‑bath units, and one studio; 3,084 square feet; Built in 1962
