544 N 4th St

Address: 544 N 4th St, San Jose, California, US

California & West + Apartments

Created date: September 13, 2023

Date last updated: September 13, 2023

Exceptional South Bay Investment Opportunity – Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley.

Recent Capital Improvements – Tao Apartments has recently undergone extensive interior and exterior renovations to select units including tile, carpet and hardwood style flooring, updated kitchens featuring granite countertops, modern cabinetry, new appliances and updated bathrooms.

Attractive Assumable Financing – The loan offers an irresistible proposition with a remarkably low interest rate of 3.05%, extending for an additional 3.5 years.

Strong Renter’s Market – The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand and high prices for rental rates.

Convenient Access to the Entire Bay Area – Tao Apartments benefits from its strategic location, providing tenants and residents convenient access to numerous transportation corridors, major employers, and various lifestyle amenities offered around the Bay Area.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Multifamily type:	Apartments \| Garden Style
Price:	$5,895,000
No. of Units:	18
Year Built:	1963
Building Size:	10,956 Sq ft
Lot Size:	15,753.00 Sq ft
No. of Stories:	3
Opportunity Zone:	No
Price per unit:	$327,500