Four-Unit Apartment
For Sale
$1,849,000
5747 Almaden Rd, San Jose, CA 95118
Four residences feature private garages, assigned driveway parking, and access to Almaden Expressway.
Property Size3,200 SF
Price / SF$577.81
Days on Market51
Property Features for 5747 Almaden Rd
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
8
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
South San Jose
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Building Details
Year Built
1963
Listing Agency:
Coldwell Banker Realty
(916) 972-0212
Listed By:
The Jamison Team
(408) 465-4899
Source:
Tuscanaproperties
Added: Sep 12
Changed: Oct 31
Last Checked: Sep 22 at 4:39PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This four-unit property contains four two-bedroom, one-bath residences, each measuring approximately 800 square feet. Every unit includes a private enclosed garage for one vehicle and an assigned driveway space, with additional street parking available along Almaden Road. Built in 1963, the property is being sold as-is and all units are currently rented.
The property occupies a frontage road location across from Almaden Plaza, with Costco, Trader Joe’s, TJ Maxx, and Ross among the shopping center’s tenants. Whole Foods Shopping Center is also within easy walking distance and includes Peet’s Coffee, Chick-fil-A, and Chipotle. Almaden Expressway provides additional area access.
The property occupies a frontage road location across from Almaden Plaza, with Costco, Trader Joe’s, TJ Maxx, and Ross among the shopping center’s tenants. Whole Foods Shopping Center is also within easy walking distance and includes Peet’s Coffee, Chick-fil-A, and Chipotle. Almaden Expressway provides additional area access.
Key Highlights
- Four 2‑bedroom, 1‑bathroom units, approximately 800 sq. ft. each
- Private enclosed single‑car garage for every unit
- Assigned driveway space for each residence, plus street parking along Almaden Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,050
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,000
$1.4M
Cap Rate 7%
$1,029,286
$1.0M
Cap Rate 9%
$800,556
$800.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$107.5K $33.60/SF
− Vacancy
−$4.6K −$1.43/SF
EGI
$102.9K $32.17/SF
− OpEx
−$30.9K −$9.65/SF
NOI
$72.1K $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%
$1,441,000
Cap Rate 7%
$1,029,286
Cap Rate 9%
$800,556
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$900.6K – $1.20M
NOI $72,050 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$950.9K
$832.0K – $1.11M
NOI $66,560 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,280 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,071
Businesses Nearby
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Business Placement
Demographics for 95118, CA
32,764
Population
11,941
Households
2.7
Avg Household Size
40
Median Age
53%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
7,991
Density / Sq Mi
$148,438
Median Household Income
$80,817
Median Earnings
$2,488
Median Rent
$1,377,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences feature private garages, assigned driveway parking, and access to Almaden Expressway.
Where is this quadplex located?
The property is located at 5747 Almaden Rd San Jose, CA.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units, approximately 800 sq. ft. each; Private enclosed single‑car garage for every unit; Assigned driveway space for each residence, plus street parking along Almaden Road
