1244 Quincy Dr 6 Unit Apartment Building $2,762,400 CAD ($460,400 CAD/Unit) 5.86% Cap Rate San Jose, CA 95132

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.