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Rare opportunity to own 16-units in Milpitas. Incredible unit mix: (4) 1+1, (8) 2+1, (4) 3+2. Spacious units - average over 1,028 square feet each. (4) 4-plexes on 1 large lot. Attractive price/sqft. at $328. Below market rents - Tremendous upside potential. Market GRM: 11.49 and Market Cap Rate: 6.26%. Over 7% Market Cash on Cash return. Convenient rental location: close to freeways, shopping, schools and park. Moments to new BART station and The Great Mall. New dual paned windows. Ample parking - (16) Carports and (12) open stall. Well-maintained buildings. Outstanding long term potential.
Listing agent: Justin Bautista DRE #01268331 justin.bautista@nmrk.com, Listing office: Newmark Cornish & Carey
MLS data updated 10/21/2026, 2:52:00 AM PT
Source: CRMLS, MLS #: ML81672431
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 19, 2018
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 95035 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.