Remodeled Four-Unit
6 JOSE GANDARA, San Juan, PR 00926
For Sale
$325,000
Pending
Residential Income, SAN JUAN, PRI
Property Size2,500 SF
Lot Size0.10 Acres
Days on Market108
Property Features for 6 JOSE GANDARA
General Information
Property type
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Zoning
Bedrooms
Bathrooms
Full bathrooms
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Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
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Building Details
Year built
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Buildings
Listing Agency:
MARANATHA REALTY
Listed By:
Janice Ramos · License PR #9827
(787) 435-7437
Added: Jul 27
Changed: Nov 6
Last Checked: Nov 10 at 11:06PM
MLS# PR9123021
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This remodeled concrete quadplex contains 2,500 square feet across two levels, with two residences on each floor. The four-unit layout includes one three-bedroom, one-bath unit with kitchen, living and dining areas, plus a one-car carport; one one-bedroom, one-bath unit with a compact living and kitchen area; and two two-bedroom, one-bath units. One of the upper-level residences includes a balcony. The property is currently vacant and has an additional space.
Located at 6 Jose Gandara in San Juan, the property is within walking distance of the University of Puerto Rico’s Rio Piedras campus. It has RESIDENTIA zoning, public water, public sewer, and one water meter. Electrical service uses one power meter distributed across the four units with independent readings. The building was constructed in 1970 and has no rental history.
Located at 6 Jose Gandara in San Juan, the property is within walking distance of the University of Puerto Rico’s Rio Piedras campus. It has RESIDENTIA zoning, public water, public sewer, and one water meter. Electrical service uses one power meter distributed across the four units with independent readings. The building was constructed in 1970 and has no rental history.
Key Highlights
- Four‑unit quadplex with 2,500 square feet of building area
- Two‑level configuration with two units on each floor
- Unit mix includes one 3‑bedroom, one 1‑bedroom, and two 2‑bedroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,554
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,080
$511.1K
Cap Rate 7%
$365,057
$365.1K
Cap Rate 9%
$283,933
$283.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$38.3K $15.30/SF
− Vacancy
−$1.7K −$0.70/SF
EGI
$36.5K $14.60/SF
− OpEx
−$11.0K −$4.38/SF
NOI
$25.6K $10.22/SF
Area
San Juan, PR
Vacancy
4.56%
Lease Rate
$15.30 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,080
Cap Rate 7%
$365,057
Cap Rate 9%
$283,933
Alternative Uses
Best Use
Multifamily LT 5
$365.1K
$319.4K – $425.9K
NOI $25,554 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$317.9K
$278.2K – $370.9K
NOI $22,253 @ 7.0% cap · market cap 6.85%
Theoretical Best
Specialty Retail
$612.0K
$535.5K – $714.0K
NOI $42,840 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Demographics for 00926, PR
96,732
Population
45,119
Households
2.1
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
23.2 sq mi
ZIP Area
4,169
Density / Sq Mi
$39,543
Median Household Income
$29,311
Median Earnings
$717
Median Rent
$189,400
Median Home Value
Market
Vacancy Rate% for Multifamily in the U.S.
Frequently Asked Questions
What type of property is this?
Quadplex - Two-level multifamily property with four vacant units, public utilities, and a balcony.
Where is this quadplex located?
The property is located at 6 JOSE GANDARA San Juan, PR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four‑unit quadplex with 2,500 square feet of building area; Two‑level configuration with two units on each floor; Unit mix includes one 3‑bedroom, one 1‑bedroom, and two 2‑bedroom units
