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33258189
33258190

635 Bolton Ct, San Jose, CA 95129

MZ
CA CA 01870648
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
$2,095,000
5 days on market
Updated 2 days ago

635 Bolton Ct

Details
APN 381-07-033
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,895
Units 4
Cap Rate 3.71%
NOI $77,675
Occupancy 97%
Tenancy Multi
Pro-Forma Cap Rate 4.80%
Pro-Forma NOI $100,617
Price per SqFt $538
Year Built 1969
Acreage 0.160
Investment Type Stabilized
Ownership Fee Simple

Multifamily | 4 Units | $523,750/unit

Marketing description

635 Bolton Court presents a rare opportunity to acquire a four-unit multifamily asset located in the desirable West San Jose submarket. Situated in the coveted 95129 ZIP code, the property benefits from strong long-term rental demand driven by its proximity to major Silicon Valley employers, convenient commuter access, nearby retail and lifestyle amenities, and well-regarded surrounding schools.

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 alike.

635 Bolton Court offers convenient access to Apple Park and many of Silicon Valley's largest employers including Nvidia, Google, and Meta, along with immediate connectivity to Interstate 280, Lawrence Expressway, and Stevens Creek Boulevard. The property is also located near Santana Row, Valley Fair, and Westgate Center, further enhancing its appeal to prospective tenants.

Investment highlights

  •  Desirable West San Jose location within the coveted 95129 ZIP code
  •  Attractive unit mix consisting of one (1) 3-Bedroom / 2-Bathroom unit and three (3) 2-Bedroom / 1-Bathroom units
  •  Large floorplans attractive to families and long-term tenants
  •  Strong tenant demand supported by nearby schools and Silicon Valley employment centers
  •  Excellent access to Apple Park and major Silicon Valley tech employers
  •  Convenient access to Interstate 280, Lawrence Expressway, and Stevens Creek Boulevard
  •  Close proximity to Santana Row, Westfield Valley Fair, and Westgate Center
  •  Strong long-term rental demand supported by surrounding employment and demographics

Listing Contacts

MZ
CA CA 01870648
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,675.00
$6,472.92/mo

Valuation Metrics

0
DSCR
3.71%
Cap Rate
3.71%
ROI

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Additional Information

Name
Mitchell Zurich
License
CA 01870648
Brokerage
Marcus & Millichap
Brokerage Phone
6503911824
Title
Senior Managing Director
Brokerage Address
2626 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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