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Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648
$1,895,000
Est. payment /mo
9 Beds
5 Baths
3,895 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,895 sqft
Price per Sqft $486
MLS Listing ID ML82048551
Bedrooms 9
Full Baths 5
Year Built 1969
Lot Size 6,820 Sqft
Property Sub-Type Fourplex
Property Description
$200,000 PRICE REDUCTION | Offers Encouraged -- Comprehensive due diligence package available upon request: Inspection reports, disclosures, marketing package, financial information, and more. 635 Bolton Court presents an opportunity to acquire a four-unit multifamily asset in the desirable West San Jose submarket. Originally offered at $2,095,000, the property has been reduced to $1,895,000, representing a $200,000 price adjustment. Recent 5% rent increases have also been implemented, improving the property's in-place income and increasing the cap rate to approximately 4.55%, with significant upside remaining. The property features an attractive unit mix consisting of one (1) 3-Bedroom / 2-Bathroom unit and three (3) 2-Bedroom / 1-Bathroom units, offering larger floorplans well-suited for families and long-term tenants. Located in the highly desirable 95129 ZIP code, 635 Bolton Court offers convenient access to Apple Park and many of Silicon Valley's largest employers, including NVIDIA, Google and Meta, along with Interstate 280, Lawrence Expressway and Stevens Creek Boulevard. Santana Row, Valley Fair and Westgate Center are also nearby.
Location
State CA
County Santa Clara
Area Cupertino
Zoning RM
Interior
Heating Other
Cooling None
Exterior
Parking Features Carport , Other
Utilities Available Individual Electric Meters
Roof Type Composition
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Level or Stories 2
Others
Tax ID 381-07-033
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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