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2131 Marlboro Court, SAN JOSE, CA 95128
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$3,150,000
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Home Details for 2131 Marlboro Court
Price
$3,150,000
Type
Multi Family
Year Build
1957
Sq. Ft.
5757
Lot Size
0.2204
County
Santa Clara
Tax
$43,000
MLS®️ Listing#
ML82002455
On exitrealty.com
217 days
Listed By: Jefrey Henderson, Broker - 408-453-7461. Listed By: Jefrey Henderson
Property Description
Phenomenal Rental Increase Potential with little to no capex needed! 2131 Marlboro Ct The Property is an 11-unit multifamily asset in the heart of San Jose, California. The property consists of well-maintained rental units with 6,972 rentable square feet, averaging approximately 634 square feet per unit. Built in 1957, this property has been substantially renovated and programmatically improved resulting in little/no deferred maintenance. The property achieves strong in-place rents of $1,863 per unit, or $2.94 per square foot, supported by robust market fundamentals and a high-demand rental environment. This presents a compelling opportunity for investors to acquire a stable, income-generating asset in a thriving market. Additional value-add upside can be achieved through programmatic renovations in all 10 units. The units are currently lightly upgraded and have been well-maintained but rents can continue to be increased with additional unit improvements.
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2025 MLSListings Inc. All rights reserved.
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Last Updated: 2025-10-22 16:45:44
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.
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$3,150,000
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
Licensed in the state of California
CA DRE# 01424183. Kris Klair Broker.