723 Forestdale Ave, San Jose, CA, 95116
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Property Details
8
4
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 8 • Bathrooms: 4 • Square Feet: 3381 • Lot/Size: 5,610 sqft lot
Description: 723, 729, 743 & 749 Forestdale Ave offer a rare chance to acquire a 20-unit multifamily portfolio in one of San Jose's most supply-constrained rental corridors. Sold together as four apartment buildings, this portfolio delivers immediate scale, strong in-place income, and clear upside through lease repositioning. Built in 1960, the asset includes (2) four-plexes with 2BD/1BA units and (2) six-plexes with 1BD/1BA units totaling approx. 13,912 SF on 22,440 SF of combined land. The units are approximately 95% occupied with ~85% month-to-month leases, creating a near-term path to market rent increases. Buildings are configured in two adjacent pairs (723/729 and 743/749), offering operatio
Location
Address
723 Forestdale Ave, San Jose, CA, 95116
City
San Jose
Features and Finishes
Year Built: 1960; [object Object]; [object Object]; [object Object]
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