Well-maintained 6-plex in West San Jose. Newer dual paned windows. Unit Mix: (4) 1 bedroom / 1 bathroom & (2) 2 bedroom / 1 bathroom. Below market rents - Tremendous upside potential! Market GRM: 13.09 and Market Cap Rate: 5.22%. Strong cash on cash return - Current 5.79% and Market 8.17%. Outstanding debt available fixed at 3.25% for 7 years with 3 years of interest only. Solid rental location - moments to Downtown Campbell and Santana Row. Convenient to Highways 17 & 280. Walking distance to schools, parks and shopping.
Off market
$1,940,900
3238 Impala Dr, San Jose, CA 95117
--beds
0baths
3,834sqft
MultiFamily
Built in 1959
-- sqft lot
$1,940,900 Zestimate®
$506/sqft
$2,322 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall, Electric, Gas
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,834 sqft
Property
Parking
- Parking features: Carport, Garage - Attached
Lot
- Size: 6,621 sqft
Details
- Parcel number: 30503032
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1959
Utilities & green energy
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: San Jose
Other
Other facts
- Listing Class: Commercial Multi-Residential (5+ units)
- Heating: Wall Furnace, Gas
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Meters: Separate Electric, Separate Gas, Master Water
- Roof: Shingle, Composition
- Structure SqFt Source: Assessor
- Subclass: Five or More Units
- Water: Public
- Listing Status: Contingent
- Foundation: Concrete Perimeter and Slab
- Listing Type: Exclusive Agency
- Utilities: Individual Electric Meters, Individual Gas Meters
- Garage Parking Features: Covered Parking
- Sewer Septic: Sewer - Public
- Additional Listing Info: Not Applicable
Services availability
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Estimated market value
$1,940,900