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Four-Unit Apartment Building
New
For Sale
$1,888,000

1794 Donna Ln, San Jose, CA 95124

Four updated two-bedroom, one-bath apartments with dual pane windows and all-electric HVAC, currently vacant.

Property Size3,148 SF
Price / SF$599.75
Days on Market4

Property Features for 1794 Donna Ln

General Information

Standard status Active
Size 3,148 SF
Property subtype Investment

Additional Details

Highway Access Yes

Building Details

Building Size 3,150 SF
Year Built 1961
Buildings 1
Listing Agency: HONG VO, BROKER
Listed By: Dan Ritter · License #01839379
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 4:04AM

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 HONG VO, BROKER

Investment Insights

Based on property information with market context.

1749 Donna Lane is a four-unit apartment building with four two-bedroom, one-bath apartments. Each unit is approximately 787 square feet and has been updated with new flooring, new kitchen and appliances, a new bathroom, ceiling lighting, dual pane windows and blinds, fresh paint, and all-electric air conditioning and heating.

All four units are currently vacant, creating flexibility to rent or lease. The property is in Cambrian, a quiet, family-friendly suburban neighborhood, and is within walking distance to Butcher Park and the Cambrian Public Library. Nearby amenities include Camden Community Center, as well as Houge Park with tennis courts and Los Gatos Creek County Park with walking and waterfront trails.

Convenient access to both HWY 17 and HWY 85 supports easy travel throughout the Bay Area. The area is also close to retail and personal services including Home Depot, Smart and Final, and Target. The building was built in 1961.

Key Highlights

  • Four two‑bedroom, one‑bath apartments, approximately 787 SF each
  • Units have dual pane windows and blinds plus all‑electric A/C and heating
  • Recently updated with new kitchen and appliances, new bathroom, and new flooring

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $105.8k $33.60
− Vacancy −$4.5k −$1.43
EGI $101.3k $32.17
− OpEx −$30.4k −$9.65
NOI $70.9k $22.52
3,148 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.01M
$886.0K – $1.18M (±1% cap)
NOI $70,879 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$935.4K
$818.5K – $1.09M (±1% cap)
NOI $65,478 @ 7.0% cap · market cap 3.47%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M (±1% cap)
NOI $133,082 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Law Firm Barber Shop Catering Service Auto Parts Store Florist

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

954
Businesses Nearby

Demographics for 95124, CA

50,054
Population
18,143
Households
2.8
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
7,584
Density / Sq Mi
$188,433
Median Household Income
$90,422
Median Earnings
$2,936
Median Rent
$1,596,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four updated two-bedroom, one-bath apartments with dual pane windows and all-electric HVAC, currently vacant.
Where is this quadplex located?
The property is located at 1794 Donna Ln San Jose, CA.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: Four two‑bedroom, one‑bath apartments, approximately 787 SF each; Units have dual pane windows and blinds plus all‑electric A/C and heating; Recently updated with new kitchen and appliances, new bathroom, and new flooring
More about this property
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