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Six-Unit Multifamily Property
For Sale
$1,880,000

3061 David Ave, San Jose, CA 95128

Six one-bedroom, one-bath units in a building originally constructed in 1958.

Property SizeContact for details
Days on Market130

Property Features for 3061 David Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 83%

Site & Location

Neighborhood David

Amenities

Prime West San Jose Location
Ideally Positioned Between Downtown Campbell and Santana Row
Average In-Place Rents of Approximately $2,033 Per Unit

Building Details

Units 6
Listing Agency: Palo Alto Office
Listed By: Jimmy Castellanos · License #CA: 02024152
Source: Marcusmillichap
Added: Jun 16 Changed: Oct 21 Last Checked: Oct 23 at 3:22AM

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 Palo Alto Office

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Investment Insights

Based on property information with market context.

3061 David Avenue is a six-unit multifamily property featuring one-bedroom, one-bath units throughout. The building was originally constructed in 1958 and is situated on an approximately 6,600 square foot parcel.

The property is located on a residential street in San Jose, California, with 3047 David Ave listed for sale next door as a separate opportunity.

The straightforward, manageable building layout supports efficient day-to-day operations, with a consistent unit mix designed for individual renters and couples.

Key Highlights

  • 6‑unit multifamily property in San Jose, California
  • Originally constructed in 1958
  • Building size: 2,910 SF on an approximately 6,600 SF parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,560
Businesses Nearby

Demographics for 95128, CA

34,776
Population
15,193
Households
2.3
Avg Household Size
38
Median Age
52%
College-Educated
90%
High-School Grad
3.9 sq mi
ZIP Area
8,917
Density / Sq Mi
$122,647
Median Household Income
$71,504
Median Earnings
$2,505
Median Rent
$1,214,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six one-bedroom, one-bath units in a building originally constructed in 1958.
Where is this apartment building located?
The property is located at 3061 David Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,880,000.
What are key features of this property?
This property features: 6‑unit multifamily property in San Jose, California; Originally constructed in 1958; Building size: 2,910 SF on an approximately 6,600 SF parcel
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