110 Graham AveSan Jose, CA 95110

  • Residential income properties
  • 10,300 SF
For Sale
$4,600,000 View listing

Property Details for 110 Graham Ave

Year built
1950
Construction
WOOD
Lot size
0.32 AC
Property size (Sq ft)
10,300 SF
Zone code
C2
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
434-07-008
APU
43407008

Description

This exceptional 16-unit apartment building in San Jose, CA, presents a compelling investment opportunity. Located at 110 Graham Ave, 95110, this well-maintained property boasts 10,320 square feet and offers a mix of spacious one- and two-bedroom units. Ten units feature one bedroom and one bathroom, while six units provide two bedrooms and one bathroom, catering to a diverse renter base. The property currently enjoys a 97% occupancy rate, generating substantial rental income. Its prime location offers easy access to major tech companies like Oracle, Google, and Apple, as well as San Jose State University, downtown San Jose, and convenient transportation options including Highways 280, 101, 880, and 87, and Caltrain. The asking price is $4,600,000, representing a price per unit of $287,500 and a price per square foot of $445.74. The property's strong performance is reflected in its attractive 5.23% cap rate. This asset offers a blend of immediate income and significant long-term appreciation potential in a thriving California market. The proximity to major employers, educational institutions, and downtown amenities ensures consistent tenant demand and rental growth opportunities. This is a rare chance to acquire a well-positioned, high-performing multifamily property in one of the most dynamic areas of San Jose. The property is nearly fully renovated, further enhancing its value and appeal to investors seeking a turnkey investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,944,398
    6.5%
    $4,564,060
    7%
    $4,238,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,452,798
    Geo Method
    $4,452,798
  • Alternative Use

    Use
    Valuation
    Residential
    $4,564,060
    Hospitality
    $4,180,654
    Educational
    $3,478,256
    Medical
    $3,597,878
    Retail
    $5,410,620
110 Graham Ave, San Jose, California

Location Insight

City
San Jose
County
Santa Clara
State
California
Latitude
37.3188
Longitude
-121.88
CBSA code
41940
CBSA name
SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$61,446
$1,672,607
$2,992,489
$4,665,096
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].