This clean, well-cared-for property features four spacious units with solid rental
performance and minimal deferred maintenance. All units are occupied with
long-standing tenants, generating reliable monthly income from day one.
The property benefits from strong in-place rents, with potential for increases as
leases turn over. The stability of long-term tenants helps ensure minimal vacancy
and steady cash flow in a competitive rental market.
Perfect for entry-level investors, small portfolio builders, or 1031 exchange buyers seeking a low-maintenance, income-producing property in one of the Bay Area’s most resilient rental markets.
While well-maintained, future upgrades to interiors or amenities can enhance both property value and rental income. There's room to further boost Net Operating Income through targeted improvements and market-aligned rent adjustments.
San Jose remains a top-performing rental market, driven by tech-sector demand, low housing supply, and continued investment in infrastructure and employment hubs. Multifamily assets like this remain in high demand.
Situated on Hoffman Ct, the property is located in a quiet residential pocket with close proximity to Downtown San Jose, Japantown, major freeways (280, 680, and 101), and public transit. Easy access to jobs, schools, and retail hubs enhances long-term rental demand.