Phenomenal Rental Increase Potential with little to no capex needed!
2131 Marlboro Ct The Property is an 11-unit multifamily asset in the heart
of San Jose, California. The property consists of well-maintained rental units
with 6,972 rentable square feet, averaging approximately 634 square feet
per unit. Built in 1957, this property has been substantially renovated and
programmatically improved resulting in little/no deferred maintenance.
The property achieves strong in-place rents of $1,863 per unit, or $2.94 per
square foot, supported by robust market fundamentals and a high-demand rental
environment. This presents a compelling opportunity for investors to acquire a
stable, income-generating asset in a thriving market.
Additional value-add upside can be achieved through programmatic renovations
in all 10 units. The units are currently lightly upgraded and have been well-maintained
but rents can continue to be increased with additional unit
improvements.
For sale
Price cut: $75K (5/19)
$3,150,000
Marlboro Sanjose, San Jose, CA 95128
--beds
--baths
5,757sqft
Est.:
Five Or More Units,
Built in 1957
-- sqft lot
$-- Zestimate®
$547/sqft
$-- HOA
What's special
- 118 days
- on Zillow |
- 23 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 06:55am
Listed by:
Jefrey Henderson 01483399 415-535-7414,
Jefrey Henderson, Broker
Source: MLSListings Inc,MLS#: ML82002455

Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Central Forced Air
Cooling
- Central Air
Features
- Doors: None
Interior area
- Total structure area: 5,757
- Total interior livable area: 5,757 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 9,583.2 Square Feet
Details
- Parcel number: 28232024
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1957
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Unknown
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $547/sqft
- Date on market: 4/14/2025
- Listing agreement: ExclusiveAgency
- Lease term: Month To Month
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