JUNE 03, 2025 - ๐ Just $ 1,048,500 Down! Unlock in the Heart of Silicon Valley Over ~$ 80K in Annual Upside | Listed by NextHome Axis Realty
๐ Just $1,048,500 Down! Unlock in the Heart of Silicon Valley Over ~$80K in Annual Upside | Listed by NextHome Axis Realty
๐264 N White Rd | $3,495,000
This stabilized 8-unit multifamily sits in one of San Joseโs highest-demand rental corridors โ fully occupied with long-term, month-to-month tenants and ~30% rent upside. Modernize interiors, reset leases, and explore future ADU expansion under R3H zoning for massive returns.
โข Unit Mix: (8) 2BD / 1BA Units | ~820 SF Each
โข Lot: 0.23 Acres | Building: 6,572 SF | Built 1957
โข Parking: 8 Covered Carports
โข Bonus: Coin-Op Laundry | No HOA
๐ง Renovation Ready | Strong Local Tenant Demand
๐งพ All Leases M2M = Instant Rent Flexibility
This is the perfect Bay Area value-add deal for cash flow and long-term growth โ a prime play for 1031 buyers, syndicators, or investors ready to reposition and scale.
๐ฒ DM @msluxey or visit msluxey.com (Real Estate tab) for rent rolls, pro formas, and private tours.
โ
CHESCA MSLUXEY | DRE #02187076
MEGGIE COLLINS | DRE #02229230
๐ (424) 468-3669
๐ง chesca@msluxey.com
๐ msluxey.com โ Real Estate section
โ
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