This exceptional 16-unit apartment building in San Jose, CA, presents a compelling investment opportunity. Located at 110 Graham Ave, 95110, this well-maintained property boasts 10,320 square feet and offers a mix of spacious one- and two-bedroom units. Ten units feature one bedroom and one bathroom, while six units provide two bedrooms and one bathroom, catering to a diverse renter base. The property currently enjoys a 97% occupancy rate, generating substantial rental income. Its prime location offers easy access to major tech companies like Oracle, Google, and Apple, as well as San Jose State University, downtown San Jose, and convenient transportation options including Highways 280, 101, 880, and 87, and Caltrain. The asking price is $4,600,000, representing a price per unit of $287,500 and a price per square foot of $445.74. The property's strong performance is reflected in its attractive 5.23% cap rate. This asset offers a blend of immediate income and significant long-term appreciation potential in a thriving California market. The proximity to major employers, educational institutions, and downtown amenities ensures consistent tenant demand and rental growth opportunities. This is a rare chance to acquire a well-positioned, high-performing multifamily property in one of the most dynamic areas of San Jose. The property is nearly fully renovated, further enhancing its value and appeal to investors seeking a turnkey investment.
Highlights
Well-maintained 16-unit apartment complex in San Jose, CA.
Nearly fully renovated.
Excellent location near major tech companies, downtown San Jose, San Jose State University, and convenient freeway access (Hwys 280, 101, 880, & 87) and Caltrain.
Prime location within walking distance of Downtown San Jose, SJSU, and San Pedro Square.
Strong 5.23% cap rate with significant upside potential.
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Contacts
Mitchell Zurich
Omid Azimzadeh
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110 Graham Ave, San Jose, California, 95110
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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110 Graham Ave
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