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2131 Marlboro Ct
For Sale $3,150,000
$3,150,000
- Units
- Unknown Sq Ft
- 9,600 Sq Ft
- Unknown Cap Rate
Description
Phenomenal Rental Increase Potential with little to no capex needed! 2131 Marlboro Ct The Property is an 11-unit multifamily asset in the heart of San Jose, California. The property consists of well-maintained rental units with 6,972 rentable square feet, averaging approximately 634 square feet per unit. Built in 1957, this property has been substantially renovated and programmatically improved resulting in little/no deferred maintenance. The property achieves strong in-place rents of $1,863 per unit, or $2.94 per square foot, supported by robust market fundamentals and a high-demand rental environment. This presents a compelling opportunity for investors to acquire a stable, income-generating asset in a thriving market. Additional value-add upside can be achieved through programmatic renovations in all 10 units. The units are currently lightly upgraded and have been well-maintained but rents can continue to be increased with additional unit improvements.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,150,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 4 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 28232024 |
| MLS # | ML82002455 |
| Property ID | 321798743 |
| Lot Sqft | 9,600 |
| Zoning | RM |
| Days on Market | 238 |
| Original List Price | $3,225,000 |
| Date Updated | November 07, 2025 |
| Date Created | April 14, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Jefrey Henderson an agent of . Lic #01483399
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 07, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT