Four-Unit Property with Enclosed
3249 Williamsburg Drive, San Jose, CA 95117
For Sale
$1,798,000
Pending
The unit mix includes a remodeled three-bedroom residence and three two-bedroom apartments.
Property Size3,222 SF
Lot Size0.20 Acres
Days on Market19
Property Features for 3249 Williamsburg Drive
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Magnify Real Estate
Listed By:
David Katz · License CA #01971921
(408) 438-0585
Source:
Firesiderealty
Added: Oct 23
Changed: Nov 8
Last Checked: Nov 9 at 2:36PM
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 Magnify Real Estate
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Investment Insights
Based on property information with market context.
Built in 1962, this four-unit multifamily property contains 3,222 square feet on a 9,112-square-foot corner parcel, or 0.20 acres. The mix comprises one 3-bedroom, 2-bathroom unit and three 2-bedroom, 1-bathroom units. The three-bedroom residence has been remodeled and includes an eat-in kitchen and a private backyard. Unit 3 is also remodeled and has a mini-split heat pump with air conditioning. Four enclosed garages provide on-site parking and storage. The property is zoned R-M.
Located at 3249 Williamsburg Drive in San Jose, the property is near downtown Campbell. The stated nearby destinations include Apple, NVIDIA, Netflix, Adobe, Santana Row, and Valley Fair.
Located at 3249 Williamsburg Drive in San Jose, the property is near downtown Campbell. The stated nearby destinations include Apple, NVIDIA, Netflix, Adobe, Santana Row, and Valley Fair.
Key Highlights
- Four‑unit property with one 3BD/2BA unit and three 2BD/1BA units
- 3,222 square feet on a 9,112‑square‑foot parcel (0.20 acres)
- Four enclosed garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,546
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,920
$1.5M
Cap Rate 7%
$1,036,371
$1.0M
Cap Rate 9%
$806,067
$806.1K
Market Conditions
NOI Build-Up for 3,222 SF
Gross rent
$108.3K $33.60/SF
− Vacancy
−$4.6K −$1.43/SF
EGI
$103.6K $32.17/SF
− OpEx
−$31.1K −$9.65/SF
NOI
$72.5K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,920
Cap Rate 7%
$1,036,371
Cap Rate 9%
$806,067
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.8K – $1.21M
NOI $72,546 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$957.4K
$837.7K – $1.12M
NOI $67,017 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$1.95M
$1.70M – $2.27M
NOI $136,210 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,567
Businesses Nearby
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Business Placement
Demographics for 95117, CA
30,137
Population
11,226
Households
2.7
Avg Household Size
36
Median Age
44%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
13,103
Density / Sq Mi
$115,778
Median Household Income
$56,791
Median Earnings
$2,367
Median Rent
$1,425,200
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in San Jose, CA
Properties on Market for Quadplexes in San Jose
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix includes a remodeled three-bedroom residence and three two-bedroom apartments.
Where is this quadplex located?
The property is located at 3249 Williamsburg Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,798,000.
What are key features of this property?
This property features: Four‑unit property with one 3BD/2BA unit and three 2BD/1BA units; 3,222 square feet on a 9,112‑square‑foot parcel (0.20 acres); Four enclosed garages
