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$3,150,000
62 Days On Site

2131 Marlboro Court
San Jose, CA 95128

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
5,757
SqFt
$547
/SqFt
1957
Built
County:
Santa Clara
Listed by Jefrey Henderson of Jefrey Henderson, Broker [email protected]

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2131 Marlboro Court2131 Marlboro Court2131 Marlboro Court2131 Marlboro Court
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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.

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Listing Snapshot
Price 
$3,150,000
Days On Site 
62 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,757 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2204 Acres
Year Built 
1957
MLS® Number 
ML82002455
Status 
Active
Property Tax 
$43,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoPrice changed to $3,150,000
2 months agoListing first seen on site
General Features
Acres 
0.2204
Carport 
11
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
5757
Zoning 
RM
Interior Features
Cooling 
Central Air
Heating 
Central
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Exterior Features
Roof 
Flat
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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