1264 Whitton Ave , San Jose, CA 95116
$1,649,999
Est. Payment: $8,671.46/mo
3084 Sqft
0.12 Acres
Status: pending | Days on site: 21
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ML5009316 - ML5108375
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House Description

Welcome to 1264 Whitton Ave, San Jose, CA a 7-unit multifamily investment opportunity with a current NOI of $111,445 and a 6.76% in-place cap rate, representing an approximate $1.65M valuation and $235,400 per unit based on the current cap rate. The property offers an established income stream, a diverse unit mix, and potential for future income growth. The property consists of seven residential units, including three 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one studio, providing a diversified mix designed to appeal to a broad range of tenants. Current annual rental income is approximately $134,076. Current rents are below market, providing an opportunity for an investor to evaluate future rent growth and potential NOI enhancement over time, subject to applicable California and local rent-control requirements, tenant protections, existing leases, and market conditions. With $111,445 in current NOI, a 6.76% cap rate, approximately $235,400 per unit, seven units, and below-market rents, 1264 Whitton Ave offers investors an opportunity to acquire an established San Jose multifamily asset with current cash flow and potential for increased income over time.

Highlights

Listed by Patrick Carvalho , 925-457-7161 Fathom Realty Group , 279-238-5270. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.12

Year Built

1962

County

Santa Clara

Area

699 - Not Defined

School District

San Jose Unified

Listing ID

ML82061891

Questions about this listing?

Contact Agent

Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:3
Zoning:LI
Roof:Shingle
Principal Interest
$8,671
Taxes
$544

Home Price

$1,649,999

Loan Details

30 yrs
6.875%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,671.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,671.46 $543.75 $0.00 $9,215.21
Yearly $104,057.46 $6,525.00 $0.00 $110,582.46
Total $3,121,723.83 $195,750.00 $0.00 $3,317,473.83

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (San Jose, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

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