2041 Beatrice Court, San Jose, CA 95128
  • MLS#: ML82015519 ( )
  • Street Address: 2041 Beatrice Court
  • Viewed: 3
  • Price: $3,330,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 89
  • Additional Information
  • County: SANTA CLARA
  • City: San Jose
  • Zipcode: 95128
  • Provided by: Intero Real Estate Services
  • Contact: Stephen Stephen
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Nestled on a quiet cul de sac in a prime San Jose rental market, 2041 Beatrice Ct. presents an attractive investment opportunity offering both stability and growth potential. The well maintained 12 unit complex features: ~6,104 SF of rentable building space, a large ~13,500 SF lot, ample on site parking and a strong unit mix of ten one bedroom and two two bedroom apartments, all of which support steady cash flow and consistent tenant demand. With rents currently below market, there is a clear opportunity to increase net operating income through interior renovations and strategic rent adjustments. Interior Remodeling: 4 complete, 6 partially, 2 none. Recent exterior upgrades, including dual pane windows, remodeled laundry room, pave the way for further value add enhancements. Ideally located near a city redevelopment zone, the property is well positioned to benefit from future neighborhood appreciation and infrastructure improvements. Tenants enjoy excellent access to shopping centers, major highways, and public transit, making this an attractive, low vacancy asset in one of San Jose's most desirable sub markets. This 12 unit apartment complex offers the perfect blend of current income, future upside, long term security, location, lot size, unit mix which enhance future growth.
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Features
Building Area Total
  1. 6104.00
Carport Spaces
  1. 10.00
Cooling
  1. None
Heating
  1. Wall Furnace
Insurance Expense
  1. 6912.00
Otherexpense
  1. 7789.00
Parcel Number
  1. 28232042
Roof
  1. Bitumen
  2. Flat
Totalexpenses
  1. 129366.00
Trash Expense
  1. 7657.00
Water Source
  1. Public
Year Built
  1. 1957
Year Built Source
  1. Assessor
Zoning
  1. RM