907 Delbert Way San Jose, CA 95126

This exceptional investment opportunity presents an eight-unit apartment building situated on a 0.19-acre lot in San Jose, California. The property, built in 1958, features a total of 5,811 square feet of net rentable space, currently boasting an 88.9% occupancy rate. The building comprises two stories and includes eight one-bedroom, one-bathroom units. Eight parking spaces are available for tenants, including six covered spaces. The property enjoys a prime corner location in the desirable Meridian-Pedro neighborhood, offering convenient access to major freeways including I-280, I-880, and CA-87. The current Net Operating Income (NOI) stands at $60,277, with a pro-forma NOI projected at $140,105, indicating significant upside potential. The property is zoned for multi-family use (MULTI-FAMILY RES) and is offered fee simple. Its strategic location provides easy access to amenities such as the San Jose Swim and Racquet Club and a 24-Hour Fitness center. This is a rare chance to acquire a well-located, income-producing multifamily asset in a thriving California market. The property's address is 907 Delbert Way, San Jose, CA 95126, and its APN is 264-03-016.