Listing provided courtesy of Jefrey Henderson of Jefrey Henderson, Broker. Last updated 2025-05-20 08:53:53.000000. Listing information © 2025 Sandicor.
Asking Price: $3,150,000 |
2131 Marlboro, San Jose CA 95128
Community: 699 - Not Defined
This property was built in 1957 and is priced at $3,150,000. Please see the additional details below.
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.
