1661-1663 Alum Rock

For Sale

1661-1663 Alum Rock Ave, San Jose, CA 95116

This San Jose property for sale is located at 1661-1663 Alum Rock Ave. The current listed sale price for 1661-1663 Alum Rock is $3,240,000. 1661-1663 Alum Rock is situated on a lot that is 0.48 acre in size.

Contacts

broker
Mike Priolo

SVN | Capital West Partners

Property Details

  • Property Type Multi-Family
  • Property Size 7,650 SF
  • Units 9
  • Lot Size 0.48 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1949
  • Year Renovated 2022
  • Date Updated May 6, 2025
1661-63 Alum Rock Ave is located just three miles east of Downtown San Jose, the Capital of Silicon Valley. This property is also a very short distance to the Berryessa BART station, is on the Alum Rock Express Bus line, and is in close proximity to freeways 101, 680, 880, and 87 making it ideally located for commuter employees. In addition the Alum Rock area of San Jose has been undergoing redevelopment for the past decade and will continue to redevelopment/revitalized adding long term value to location well into the future.Introducing a prime investment opportunity in the heart of Silicon Valley - 1661-1663 Alum Rock Ave, San Jose, CA. This assets has ~7,650 SF comprised of 7 apartments and two commercial units; offering excellent cash flow from day one with a 7.56% cap on current rents. Originally built in 1949 this mixed use asset presents the potential to add multiple ADUs on its sizable ~.50 acre parcel. With its strategic location and lucrative prospects, this property represents a compelling opportunity for the savvy to add value or simply collect strong cashflow.
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Highlights

  • - 7,650 SF building with 9 total units
  • - Prime location in Silicon Valley
  • - Excellent cash flow with 7.56% cap on current rents
  • - Opportunity to add multiple ADUs on large ~.50 acre parcel

Getting around

  • 80/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 55/100

    Bike Score ®

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Location

  • City San Jose, CA
  • Neighborhood North Valley
  • Zip Code 95116
  • Market Bay Area

Points of Interest

  • Alum Rock

    1.42 miles

  • McKee

    1.50 miles

  • Penitencia Creek

    2.03 miles

  • Santa Clara

    2.12 miles

  • San Antonio

    2.14 miles

  • Japantown/Ayer

    2.26 miles

  • Convention Center

    2.37 miles

  • Children’s Discovery Museum

    2.64 miles

  • Gish

    2.95 miles

  • Hostetter

    3.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Mike Priolo

SVN | Capital West Partners

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