2131 Marlboro Court, San Jose, CA 95128

5,757 sqft

Commercial Property
Built in 1957
9,601sqft lot
—— car garage
$547/sqft
Listed 2 months ago

Property Description

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.

Listing Status:: Active
Date Added:: April 14, 2025 at 05:00AM
Listing Office:: Jefrey Henderson, Broker : (408) 453-7461
Listing Agent:: Jefrey Henderson : 408-306-3228
MLS ID:: ML82002455

A/C: Central Air
Heating: Central

This listing courtesy of Jefrey Henderson, Jefrey Henderson, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Sherman Oaks Dual Language Immersion School

1800 Fruitdale Ave, San Jose, CA, 95128

Grades KG-8

0.26 miles away

Sherman Oaks Dual Language Immersion School

1800 Fruitdale Ave, San Jose, CA, 95128

Grades KG-8

0.26 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.