Multifamily Property with On-Site
For Sale
$2,200,000
780 Deland Avenue, San Jose, CA 95128
Coin-operated laundry is available on site, with wall furnace heating and alternative cooling.
Property Size4,307 SF
Price / SF$510.80
Days on Market37
Property Features for 780 Deland Avenue
General Information
Standard status
Active
Size
4,307 SF
Property subtype
Multi Family
Amenities
coin-operated laundry
Building Details
Year Built
1961
Listing Agency:
Coldwell Banker Realty
Listed By:
Endri Hoxha · License #02059299
(415) 941-9875
Source:
Exitrealty
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 5 at 5:27PM
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
Investment Insights
Based on property information with market context.
Built in 1961, this 4,307-square-foot multifamily property at 780 Deland Avenue in San Jose offers a city-based residential configuration. The property includes wall furnace heating, an alternative cooling system, and on-site laundry equipment operated by coin payment.
The property is within the Campbell Union Elementary school district and does not include garage parking. Its San Jose setting places the residence near local amenities and schools associated with the district.
The property is within the Campbell Union Elementary school district and does not include garage parking. Its San Jose setting places the residence near local amenities and schools associated with the district.
Key Highlights
- 4,307‑square‑foot multifamily property built in 1961
- On‑site coin‑operated laundry facilities
- Wall furnace heating and alternative cooling system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,585
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,700
$1.8M
Cap Rate 7%
$1,279,786
$1.3M
Cap Rate 9%
$995,389
$995.4K
Market Conditions
NOI Build-Up for 4,307 SF
Gross rent
$170.6K $39.60/SF
− Vacancy
−$7.7K −$1.78/SF
EGI
$162.9K $37.82/SF
− OpEx
−$73.3K −$17.02/SF
NOI
$89.6K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,791,700
Cap Rate 7%
$1,279,786
Cap Rate 9%
$995,389
Alternative Uses
Best Use
Apartment 5plus
$1.28M
$1.12M – $1.49M
NOI $89,585 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.60M
$2.28M – $3.03M
NOI $182,079 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Coin-operated laundry is available on site, with wall furnace heating and alternative cooling.
Where is this multifamily property located?
The property is located at 780 Deland Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 4,307‑square‑foot multifamily property built in 1961; On‑site coin‑operated laundry facilities; Wall furnace heating and alternative cooling system
