723 Forestdale Ave, San Jose, CA 95116
- Sqft
- 3,381
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
723, 729, 743 & 749 Forestdale Ave offer a rare chance to acquire a 20-unit multifamily portfolio in one of San Jose's most supply-constrained rental corridors. Sold together as four apartment buildings, this portfolio delivers immediate scale, strong in-place income, and clear upside through lease repositioning. Built in 1960, the asset includes (2) four-plexes with 2BD/1BA units and (2) six-plexes with 1BD/1BA units totaling approx. 13,912 SF on 22,440 SF of combined land. The units are approximately 95% occupied with ~85% month-to-month leases, creating a near-term path to market rent increases. Buildings are configured in two adjacent pairs (723/729 and 743/749), offering operational flexibility or potential future disposition strategies. East San Jose continues to benefit from strong rental demand, relative affordability, and proximity to major employment and transit corridors. Possible redevelopment or density upside subject to buyer verification.
Important: MLS reflects one parcel only. List price includes all four properties:
723 Forestdale Ave - APN 472-32-009
729 Forestdale Ave - APN 472-32-010
743 Forestdale Ave - APN 472-32-012
749 Forestdale Ave - APN 472-32-013
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 3,381
- Lot size (acres)
- 0.13
- Year built
- 1960
Utilities
- Heating
- Wall Furnace
- Cooling
- Wall/window unit(s)
Taxes
- Tax Annual Amount
- $34,584
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLSListings (California) MLS®#: ML82039136 Last checked: …
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