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31271845
31271846

1244 Quincy Dr, San Jose, CA 95132

EK
CA 01900078
Magnify Equity
DK
CA CA01971921
Magnify Equity
WR
CA 02155155
Listed by Magnify Equity
$2,000,000
86 days on market
Updated 86 days ago

1244 Quincy Dr, 6 Units in San Jose

Details
APN 591-14-036
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,114
Units 6
Cap Rate 5.86%
NOI $117,198
Occupancy 100%
Pro-Forma Cap Rate 7.5%
Pro-Forma NOI $149,999
Price per SqFt $391
Class C
Year Built 1973
Buildings 1
Stories 2
Lot Size (SqFt) 10,106

Rare San Jose investment located in the heart of Berryessa offering exceptional stability and great

Marketing description

Magnify is pleased to present 1244 Quincy Dr in San Jose. This fully occupied complex features six spacious units, each consisting of 2 bedrooms and 1 bathroom. The property offers a turn-key investment opportunity with high-quality renovations and significant recent capital improvements, situated in a stable and highly desirable rental market.

The property has been meticulously maintained, with 5 out of the 6 units recently remodeled to include modern kitchens and bathrooms featuring new cabinetry, quartz countertops, and updated appliances. Major long-term capital expenditures have been addressed, including a brand-new roof and siding completed in December 2025, new energy-efficient windows installed in 2022, and a copper repipe performed in 2016. These upgrades ensure a low-maintenance asset for new ownership and immediate appeal to high-quality tenants. Residents benefit from functional living spaces, with half of the units featuring private outdoor patios. The property also offers plenty of on-site parking.

Located in the sought-after Berryessa neighborhood, 1244 Quincy Dr is positioned within a prime micro-location with very low inventory. The property is within walking distance of the top-rated Piedmont Hills High School (rated 10/10), as well as Noble Elementary and Piedmont Middle School, making it an ideal location for families. The site offers exceptional regional connectivity, located just minutes from the Berryessa BART station and major thoroughfares including I-680 and Highway 880. Its proximity to major Silicon Valley employment hubs, the Sierra Plaza shopping center, and Penitencia Creek County Park further enhances its rental desirability and long-term value appreciation.

View Info and Disclosures: https://www.magnify.deals/1244info

Investment highlights

  1. Turn‑key six‑unit investment, fully occupied with all units offering efficient 2BR/1BA layouts.

  2. Extensive recent renovations, with 5 of 6 units upgraded featuring modern kitchens, quartz counters, new cabinetry, and updated appliances.

  3. Major capital improvements completed, including new roof & siding (Dec 2025), energy‑efficient windows (2022), and copper repipe (2016).

  4. Strong tenant appeal, with functional floor plans, private outdoor patios in select units, and ample on‑site parking.

  5. Prime Berryessa location, walkable to top‑rated schools (Piedmont Hills High 10/10), near Berryessa BART, major highways, shopping, parks, and major Silicon Valley employers.

Listing Contacts

EK
CA 01900078
Magnify Equity
DK
CA CA01971921
Magnify Equity
WR
CA 02155155
Listed by Magnify Equity

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$117,198.00
$9,766.50/mo

Valuation Metrics

0
DSCR
5.86%
Cap Rate
5.86%
ROI

Map

Zoning

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R-M(CL) ResidentialMulti FamilyCluster Residence Multiple Unit Per Lot
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Eric Katz
License
01900078
Brokerage Phone
408-438-0838
Name
David Katz
License
CA01971921
Brokerage
Magnify Real Estate
Brokerage Phone
(408) 438-0585
Title
Co-Founder and COO
Brokerage Address
14370 Saratoga Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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