336 N 5th Street | San Jose
San Jose, CA 95112
Sq. Feet 10,018
$2,180,000
442 Vasquez Court offers an investor the unique opportunity to own a well-maintained and well managed rental property in one of the healthiest and most attractive submarkets in California.
The subject property is located at the end of a quiet culdesac and consists of four large two-bedroom/one-bath apartments with spacious and well laid-out floor plans. There are four on-site tuck-under parking spaces and a laundry room that provides additional income. 442 Vasquez Court is approximately 3,288 square feet situated on a 7,092-square foot parcel, and has a unique two-building structure. The building is very well-maintained and benefits from the mature landscaping and a private fenced back yard. Below market rents will allow for the future owner to force cashflow and appreciation.
442 Vasquez Court offers a lucky investor a rare opportunity to purchase a true turn-key asset in one of the fastest growing and most prestigious cities in the bay area.
Cap Rate: 4.32% NOI: $39,650 Livable Sq. Ft: 3,288
Built in 1964 4 units Lot Sq. Ft: 7,092