Building Details

Building Size 4,240 SF

Year Built 1976

Listing Agency: Intero Real Estate Services

Listed By: Daniel Gluhaich · License #00963076 Show Phone

Source: Roomrealestate

Added: Aug 11 Changed: Oct 2 Last Checked: Oct 5 at 11:27PM

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Investment Insights

Based on property information with market context.

Set on 1.8 acres, this multifamily property includes two separate residences and an approximately 1,200-square-foot commercial antique store. The primary home provides four bedrooms, two bathrooms, and approximately 1,800 square feet of living space. A second residence adds three bedrooms, two bathrooms, and approximately 1,500 square feet. The property was built in 1976.

Parking is available on site, with additional space for RVs, boats, and other recreational equipment. Tenant agreements are month to month, providing an existing occupancy structure. The combination of multiple residences and a commercial component offers a varied property configuration for residential and business use.

Key Highlights

• 1.8‑acre multifamily property with two separate homes
• Primary residence has 4 bedrooms, 2 bathrooms, and approximately 1,800 SF
• Second home includes 3 bedrooms, 2 bathrooms, and approximately 1,500 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$114,529

Cap Rate

8.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,290,580 $2.3M

Cap Rate 7%

$1,636,129 $1.6M

Cap Rate 9%

$1,272,544 $1.3M

Market Conditions

NOI Build-Up for 4,240 SF

Gross rent

$171.5K $40.44/SF

− Vacancy

−$7.9K −$1.85/SF

EGI

$163.6K $38.59/SF

− OpEx

−$49.1K −$11.58/SF

NOI

$114.5K $27.01/SF

Area

Santa Clara County, CA

Vacancy

4.58%

Lease Rate

$40.44 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,290,580

Cap Rate 7%

$1,636,129

Cap Rate 9%

$1,272,544

Alternative Uses

Best Use

Retail

$1.64M

$1.43M – $1.91M (±1% cap)

NOI $114,529 @ 7.0% cap · market cap 8.84%

Second Best

Apartment 5plus

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,594 @ 7.0% cap · market cap 6.22%

Theoretical Best

Office A

$2.56M

$2.24M – $2.99M (±1% cap)

NOI $179,183 @ 7.0% cap · market cap 13.84%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Nail Salon Restaurant Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

213

Businesses Nearby

Explore this area Business Placement

Demographics for 95046, CA

6,361

Population

2,048

Households

3.1

Avg Household Size

43

Median Age

36%

College-Educated

90%

High-School Grad

18.8 sq mi

ZIP Area

338

Density / Sq Mi

$157,458

Median Household Income

$43,832

Median Earnings

$2,312

Median Rent

$1,396,600

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Multifamily property - The property includes two homes, a commercial space, parking, and room for RVs and boats.

Where is this multifamily property located?

The property is located at 13350 Kimble CT San Martin, CA.

What is the asking price?

The asking price for this property is $1,295,000.

What are key features of this property?

This property features: 1.8‑acre multifamily property with two separate homes; Primary residence has 4 bedrooms, 2 bathrooms, and approximately 1,800 SF; Second home includes 3 bedrooms, 2 bathrooms, and approximately 1,500 SF