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3136 & 3144 Cadillac Dr, San Jose, CA 95117 3136 Cadillac Dr 16 Unit Apartment Building $6,669,104 CAD ($416,819 CAD/Unit) 5.37% Cap Rate San Jose, CA 95117



Investment Highlights
- Well-Situated San Jose Multifamily Investment Opportunity
- Prime West San Jose Location
- Prestigious Campbell School District
- Proximity to Essential Amenities
Executive Summary
3136 & 3144 Cadillac Dr is an exceptional 16-unit apartment community situated in the thriving West San Jose area, immediately adjacent to Campbell. Situated on two contiguous parcels of land totaling 18,144 square feet, the subject property was originally constructed in 1960 and has a gross building area of approximately 10,968 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property offers tenants convenient amenities such as private parking and a shared laundry facility. The property is also located within half an hour of many distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime San Jose location featuring convenient access to Santana Row (1.8 miles) and walking distance to Downtown Campbell (0.7 miles), both home to a myriad of high-end shopping, dining, and entertainment options. As part of Silicon Valley, this location offers renters close proximity to many of the nation’s top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The subject property also provides tenants and residents convenient access to San Jose State University and Downtown San Jose. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 3136 & 3144 Cadillac Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
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Property Facts
| Price | $6,669,104 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $416,819 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.42 AC |
| Cap Rate | 5.37% | Building Size | 10,968 SF |
| Gross Rent Multiplier | 11.35 | No. Stories | 2 |
| No. Units | 16 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 1.46/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3, San Jose | ||
| Price | $6,669,104 CAD |
| Price Per Unit | $416,819 CAD |
| Sale Type | Investment |
| Cap Rate | 5.37% |
| Gross Rent Multiplier | 11.35 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 10,968 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | R3, San Jose |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 661 |
| 2+1 | 5 | - | 700 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 305-03-013 | Improvements Assessment | $493,191 CAD |
| Land Assessment | $1,107,530 CAD | Total Assessment | $1,600,721 CAD |
Property Taxes
Parcel Number
305-03-013
Land Assessment
$1,107,530 CAD
Improvements Assessment
$493,191 CAD
Total Assessment
$1,600,721 CAD
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3136 & 3144 Cadillac Dr, San Jose, CA 95117 | 3136 Cadillac Dr
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