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$ 3,330,000
Est. payment | /mo
0.31 Acres Lot
$ 3,330,000
Est. payment | /mo
0.31 Acres Lot
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
Listed by Stephen Guzzetti Intero Real Estate Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
3020 Old Ranch Parkway Suite 250, Seal Beach, CA, 90740, US