Updated Feb 24, 2025
Beatriz Lopez & Enrique Lopez Acquire Multifamily Property In San Jose, CA For $6.1M
3819 Underwood Drive, San Jose, California 95117, United States
$6,142,022
$1,540/SF
Building Size
3,986 SF
Asset Type
MultiFamily
Closing
Jun 13, 2022
About this deal
AI
The multifamily property located at 3819 Underwood Dr in San Jose, CA has been sold in a recent transaction. The property spans 3,986 square feet and was sold for a total price of $6,142,022, resulting in a price per square foot of $1,540.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,142,022
- SF: 3,986
- PPSF: $1,540
- Address: 3819 Underwood Dr, San Jose, CA
Beatriz Lopez & Enrique Lopez have purchased the property from Daniel Katz & David Katz.
The multifamily sale at 3819 Underwood Drive, San Jose, California 95117, United States in San Jose, California sold for $6.1M in 2022. The building is 3,986 square feet, implying about 1.5K per square foot on the published price. Daniel Katz, David Katz, Enrique Lopez, CBRE appear on the sale alongside CBRE. This page is the San Jose, California file for the 3819 Underwood Drive, San Jose, California 95117, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same San Jose sit in the Market section below. Filter that San Jose multifamily set by closing date to see what else sold near 3819 Underwood Drive, San Jose, California 95117, United States around 2022. Published consideration for 3819 Underwood Drive, San Jose, California 95117, United States is $6.1M, dated 2022. Cite this Beatriz Lopez & Enrique Lopez Acquire Multifamily Property In San Jose, CA For $6.1M sale when underwriting similar multifamily product around San Jose, California.
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San Jose MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93