JUST CLOSED SAN FERNANDO PORTFOLIO | JUST CLOSED 429 N RENGSTORFF AVE MOUNTAIN VIEW CA

JUST CLOSED SAN FERNANDO PORTFOLIO | JUST CLOSED 429 N RENGSTORFF AVE MOUNTAIN VIEW CA

JUST CLOSED!
15 TOWNHOUSE UNITS | SOLD FOR $8,000,000 | $533,334/UNIT

429 N RENGSTORFF AVE, MOUNTAIN VIEW CA 94043

UNIT MIX OF (15) 2 BED/1.5 BATHS
4.15% CAP RATE
YEAR BUILT: 1968

BUYER ASSUMED SELLER'S LOAN
PHENOMENAL LOCATION WITH IMMEDIATE UPSIDE IN RENTS
IN-UNIT WASHER/DRYER AND PRIVATE PATIOS IN EACH OF THE UNITS
DOWN THE STREET FROM GOOGLE AND MOFFETT FIELD
THE BUYER WAS IN A 1031 EXCHANGE


JUST CLOSED!
35 UNITS | $9,800,000

279 E SAN FERNANDO ST SAN JOSE CA 95112

295 E SAN FERNANDO ST SAN JOSE CA 95112

73 S 7TH ST, SAN JOSE, CA 95112

UNIT MIX OF (1) 4 BED 1 BA (1) 4 BED 1.5 BA (1) 3 BED 1 BA (1) 2 BED 1 BA (9) 1 BED 1 BA (5) STUDIO & (17) 1 SINGLE ROOM OCCUPANCY.

3 SEPARATE PARCELS.
4.52% CURRENT CAP RATE | 13.57 GRM.
LOCATED ACROSS THE STREET FROM SAN JOSE STATE UNIVERSITY.
DOWNTOWN GENERAL PLAN.
31 PARKING AND 7 INDIVIDUAL GARAGES CAN BE RENTED FOR ADDITIONAL INCOME.

JUST CLOSED SAN FERNANDO PORTFOLIO | JUST CLOSED 429 N RENGSTORFF AVE MOUNTAIN VIEW CA
JUST CLOSED SAN FERNANDO PORTFOLIO | JUST CLOSED 429 N RENGSTORFF AVE MOUNTAIN VIEW CA