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Homes for sale in San Jose, CA | 723 Forestdale Ave, San Jose, CA 95116 | MLS# ML82039136
Homes for sale in San Jose, CA | 723 Forestdale Ave, San Jose, CA 95116 | MLS# ML82039136
Homes for sale in San Jose, CA | 723 Forestdale Ave, San Jose, CA 95116 | MLS# ML82039136
Homes for sale in San Jose, CA | 723 Forestdale Ave, San Jose, CA 95116 | MLS# ML82039136
Homes for sale in San Jose, CA | 723 Forestdale Ave, San Jose, CA 95116 | MLS# ML82039136
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Listed by: Eugene Mitchell Nazzisi (408) 667-0201 DRE #01877079 | CAP Real Estate Services, Inc. (408) 667-0201

$5,195,000

  • Beds Icon8 Beds
  • Beds Icon
    -- Bath
  • Beds Icon3,381sqft

723 Forestdale Ave, San Jose, CA 95116

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  • Quadruplex

  • Built in 1960

  • $-- HOA

  • 5,610 sqft lot

  • $1,537/sq.ft

Description

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), offe...

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  • Houzeo last checked: 32 Minutes ago
  • Listing updated: April 1, 2026 at 10:24 pm
  • Source: California Regional MLS-CA | MLS#: ML82039136 California Regional MLS-CA

Property Details

  • Status

    Pending

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Santa Clara County

  • City

    San Jose

  • Neighborhood

    Brookwood Terrace

  • Year Built

    1960

  • HOA Fees

    -

  • Finished Area

    3,381 sqft

  • Lot Size

    5,610 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    ML82039136

  • MLS Status

    Pending

  • Days on Market

    92

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