1795 Bradford WaySan Jose, CA 95124

Property Details for 1795 Bradford Way

Year built

1961

Lot size

0.16 AC

Property size (Sq ft)

3,328 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional four-unit apartment building, located at 1795 Bradford Way in San Jose, CA 95124, presents a compelling investment opportunity. Built in 1961, this two-story building boasts 3,328 square feet of net rentable space situated on a 0.16-acre lot. The property features four spacious two-bedroom, one-bathroom units, each with a designated carport and access to on-site laundry facilities. Currently operating at 100% occupancy, the property generates a Net Operating Income (NOI) of $75,724, representing a 4.09% cap rate. Pro forma NOI is projected at $91,205, yielding a 4.93% cap rate. The asking price is $1,850,000, or $462,500 per unit. The property benefits from a desirable location in the Cambrian Park area of West San Jose, close to major highways (85, 17, and 280), and within easy commuting distance of prominent tech companies and employment centers. Recent exterior updates, including fresh paint and landscaping, enhance curb appeal. The property is zoned RM and has a Santa Clara County APN of 419-04-030. This well-maintained building offers investors a strong combination of consistent rental income and significant long-term appreciation potential in a highly sought-after location. The property's proximity to Downtown Campbell and Los Gatos provides tenants with access to upscale amenities and dining options.

Location Insight

City

San Jose

County

Santa Clara

State

California

Latitude

37.2615

Longitude

-121.917

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