Log In/Sign Up
Your email has been sent.
3537 Alden Way
San Jose, CA 95117
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Prime West San Jose location near Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus
- Available individually or together with the neighboring 9 unit (3531) for a combined 17 unit acquisition
- Strong in place income with additional rental upside potential
Executive Summary
The Zurich Group of Marcus & Millichap is pleased to exclusively present 3537 Alden Way, an eight unit apartment community located in the heart of West San Jose. The property offers investors strong in place income with additional upside potential through continued rental growth. Ideally situated just minutes from Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus, the location provides exceptional access to Silicon Valley's largest employment centers and premier shopping and dining. 3537 Alden Way presents an outstanding opportunity to acquire a well located multifamily investment in one of the region's most desirable rental markets. The neighboring property at 3531 Alden Way (9 units) is also available, providing the flexibility to purchase either property individually or both together as a 17 unit portfolio. Offering Memorandum and Deal Room access are available upon request. For additional information, contact The Zurich Group at zurichgroup@marcusmillichap.com.
Property Facts
| Price Per Unit | $510,037 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.53% | Building Size | 5,550 SF |
| Gross Rent Multiplier | 12.51 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3, Santa Clara | ||
| Price Per Unit | $510,037 CAD |
| Sale Type | Investment |
| Cap Rate | 5.53% |
| Gross Rent Multiplier | 12.51 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 5,550 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R3, Santa Clara |
Amenities
Unit Amenities
- Fireplace
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 303-29-011 | Improvements Assessment | $988,621 CAD |
| Land Assessment | $1,060,369 CAD | Total Assessment | $2,048,990 CAD |
Property Taxes
Parcel Number
303-29-011
Land Assessment
$1,060,369 CAD
Improvements Assessment
$988,621 CAD
Total Assessment
$2,048,990 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
