1797 Bradford Way
Size: 4 Units
Price: $1,898,000
The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 1797 Bradford Way, a 4-unit multifamily property located in the center of South San Jose. This is a tremendous opportunity for an investor to acquire a property in not just the heart of Silicon Valley but also one of the most lucrative markets.
1797 Bradford Way is a four-unit property located in the Cambrian area of South San Jose. The unit mix consists of (4) two bedrooms / one bathroom that are approximately 825 sqft. It sits on a 0.16 acre (or 6,534 sqft) lot. Among the amenities are on-site parking for each unit and street parking in the area. All units are fully occupied, with rents aligned to current market rates in the area.
Residents are within walking distance from three shopping centers plus a medical office that has a combined total of over 40 shops, restaurants, and services. Among the major stores are Big Lots, Home Depot, T.J. Maxx, and Target. Also within walking distance are the Cambrian branch of the San Jose Public Library. Located a block away is Butcher Park which has a playground, dog park, baseball field, and a basketball court. Its location puts it within a short drive from Los Gatos and Campbell. Residents also have easy access to Highway 85.
The South Bay is one of the most expensive communities in the United States. The average median home price in San Jose is over $1.3M (as of September 2024). This places homeownership out of reach for most residents, which creates a robust tenant base.
Property and Location Highlights
Spacious units that are approximately 825 sqft
Updated windows, landscaping, and roof within the last 13 years
A new water heater was installed back in 2020
Strong rents with units that average $2,600 per month
Located in the highly desired Cambrian neighborhood of South San Jose
Three shopping centers and the Cambrian Branch Library are within walking distance
Los Gatos and Campbell are a short drive away