Beverly Hills investors grab low-income housing apartments in San Jose
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By George Avalos
Published on March 3, 2026.
Real estate investors from Beverly Hills have purchased a San Jose apartment complex for $41 million, which is geared towards low-income residents. The purchase was 20.6% above the most recently available assessed value of $34 million. The 152-unit property at 1930 Almaden Road in south San Jose was purchased at around $269,700 per unit, lower than other properties in the city. The new ownership group, Post Investment Group, owns apartment properties in 12 states and participates in the federal Low Income Housing Tax Credit program.
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