May 19, 2025 - 💎 Now Available through NextHome Axis Realty — Prime East San Jose 8-Plex with Immediate Upside!

💎 Now Available through NextHome Axis Realty — Prime East San Jose 8-Plex with Immediate Upside!

📍 264 N White Rd, San Jose, CA 95127 | $3,495,000
Zoning: R3H (Multi-Family Residential)

Unlock the full potential of this well-located 8-unit multifamily property, offering an exceptional opportunity for both steady cash flow and significant upside. Featuring all spacious 2-bedroom, 1-bath units, this asset is fully occupied by long-term tenants on month-to-month leases, giving you immediate flexibility to implement rent increases and value-add strategies.

✅ Current Monthly Rent: $16,188
✅ Pro Forma Market Rent: $22,880 (~41% Upside)
✅ Unit Mix: (8) 2BD / 1BA Units
✅ Building Size: 6,572 SF | Lot Size: 10,019 SF
✅ On-Site Laundry Facility + Ample Parking
✅ Interiors Ready for Cosmetic Upgrades
✅ 100% Occupied | All Month-to-Month Leases
✅ Excellent Candidate for a 1031 Exchange

Positioned near major commute corridors, shopping centers, and employment hubs, this property is ideal for investors looking to expand or reposition their portfolio in one of Silicon Valley’s strongest rental markets.

📲 Request rent rolls, flyers, and a full investment analysis (Agents or Buyers) — contact us today!

Contact:
CHESCA MSLUXEY | DRE #02187076
MELINDA COLLINS | DRE #01201758

📞 (424) 468-3669
📧 chesca@msluxey.com

🌐 msluxey.com — Visit the Real Estate section for full details and features!

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