780 Deland AVE
$2,100,000
780 Deland AVE, San Jose, CA, 95128
Listing courtesy of Endri Hoxha, Coldwell Banker Realty
Listing broker contact: 415-941-9875 · endri.hoxha@cbrealty.com
Description
Excellent opportunity to acquire a well positioned six unit multifamily property in a desirable San Jose location. The property offers an attractive unit mix of three 2 bedroom units, two 1 bedroom units, and 1 studio.
The property generates $172,284 in gross rental income and offers over a 5% cap rate based on listed income and expenses. Recent capital improvements include a new roof, new main electrical panel, upgraded electrical subpanels, and a new water heater reducing near term capital expenditures for the next owner.
Additional features include covered parking spaces, individually metered gas and electricity, and on site coin laundry.
A compelling opportunity for investors seeking established income, a strong unit mix, significant recent improvements, and long term appreciation potential in the heart of Silicon Valley. Offering memorandum and financial information available upon request. Please do not disturb tenants.
Listing details
- MLS #
- ML82059224
- Status
- Active
- Property type
- FiveOrMoreUnits
- Living area
- 4,307 sqft
- Lot size
- 6,534 sqft
- Year built
- 1961
- Garage
- 0
- List price
- $2,100,000
- List date
- 2026-08-27
- Listing agent
- Endri Hoxha
- Listing office
- Coldwell Banker Realty