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$3,330,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82015519
HOA Y/N No
Year Built 1957
Annual Tax Amount $45,909
Lot Size 0.310 Acres
Property 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. 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, and long-term security. With its location, lot size, unit mix, and operational potential, this asset is well-positioned for growth.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 10
Roof Type Bitumen,Flat
Total Parking Spaces 3
Building
Water Public
Schools
School District Other
Others
Tax ID 28232042
Special Listing Condition Standard
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Listed by Stephen Guzzetti Intero Real Estate Services