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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2131 Marlboro Court, San Jose – $3,150,000

  • $3.2M Price
  • .22 Acres
  • 166 DOM
  • $3.2M Price
  • .22 Acres
  • 166 DOM

2131 Marlboro Court

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.

Essential Information

  • MLS® #ML82002455
  • Price$3,150,000
  • Bathrooms0.00
  • Acres0.22
  • Year Built1957
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address2131 Marlboro Court
  • Area699 - Not Defined
  • CitySan Jose
  • CountySanta Clara
  • Zip Code95128

Amenities

  • Parking Spaces4

Interior

  • HeatingCentral
  • CoolingCentral Air

Exterior

  • RoofFlat

School Information

  • DistrictOther

Additional Information

  • Date ListedApril 14th, 2025
  • Days on Market166
  • ZoningRM

Listing Details

  • AgentJefrey Henderson
  • OfficeJefrey Henderson, Broker
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Price Change History for 2131 Marlboro Court, San Jose, (MLS® #ML82002455)

Date Details Change
Price Reduced from $3,225,000 to $3,150,000 $75,000 (2.33%)

Jefrey Henderson, Jefrey Henderson, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of September 27th, 2025 at 1:12pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.