1360 Palm StSan Jose, CA 95110

This exceptional multifamily investment opportunity presents a 10-unit apartment building located at 1360 Palm St, San Jose, CA 95110. The property boasts a substantial 5,540 square feet of living space situated on a 10,711 square foot lot. Built in 1951, this two-story building currently enjoys 100% occupancy, generating a strong net operating income (NOI) of $163,544, translating to an attractive 6.06% capitalization rate. The asking price is $2,700,000. This Class C property offers significant potential for value-add improvements, allowing investors to further enhance cash flow and maximize returns. Its prime location in downtown San Jose provides excellent access to amenities and a thriving rental market. The property's strong in-place cash flow, coupled with the potential for rental increases and upgrades, makes it an ideal investment for those seeking a stable and appreciating asset in a desirable California market. The property's APN is 43412090. This is a rare opportunity to acquire a well-performing multifamily asset in a highly sought-after location.