4930 National, San Jose CA 95124 | $13,950,000

30 Townhouse Units Bordering Los Gatos. Located in the Carlton neighborhood of San Jose, 4930 National Ave was built in 1964 and arranged as three residential buildings around a central pool courtyard, offering a single unit type that is easy to operate and easy to lease. Every unit shares the same two-story, 2 bedroom 1.5 bath townhome layout, each with its own private patio and generous closet storage, features that are uncommon in stacked flat apartment product and tend to attract longer-staying, more settled tenants. Every unit is paired with its own assigned carport space, so residents are not competing for parking. Several units have already been renovated with updated kitchens and bathrooms, including quartz counters, dark cabinetry, and stainless appliances, giving a new owner a head start on the unit by unit upgrade program typical of a property this age. National Ave is a quiet, tree-lined residential street surrounded by single-family homes, giving the property a calm, suburban feel while still keeping residents a short drive from Downtown San Jose. With private outdoor space, in unit storage, assigned parking, and a genuinely quiet block, this asset is positioned to hold tenants and support long-term rent growth.

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