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In-PersonVirtual Tour
$3,627,000
Est. payment /mo
0.57 Acres Lot
Open House
Wed Sep 03, 1:00pm - 2:00pm
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82019582
HOA Y/N No
Year Built 1959
Annual Tax Amount $41,467
Lot Size 0.574 Acres
Property Description
This property can be purchased individually or together with 423 N 26th St. Composed of 13 units (8) 2 Bed 1 Bath and (5) 1 Bed 1 Bath apartment units the property provides a versatile unit mix that appeals to a wide tenant base. Each unit comes with a designated tucked-under carport, and the building is equipped with an on-site laundry room featuring two washers and two dryers, with card readers, both owned. The 2-bedroom units have the benefit of forced-air heating, while the 1-bedroom units are equipped with wall furnaces. Built with durability in mind, this asset features a low-pitched tar and gravel roof and a concrete slab foundation, ensuring long-term stability and ease of maintenance. With approximately 10,260 square feet of living space on-site, the property sits on a footprint that efficiently balances tenant livability with investor performance. Utilities are set up with separately metered gas and electric, while water is master metered for straightforward operations. Major employers nearby include Adobe, Cisco, PayPal, eBay, Western Digital, Zoom, and SJSU, reinforcing consistent rental demand from Silicon Valleys thriving workforce. Located near the future Bart Little Portugal Station and the on going Five Wounds Neighborhood development.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 13
Roof Type Flat,Tar/Gravel
Schools
School District San Jose Unified
Others
Tax ID 24966016
Special Listing Condition Standard
Read Less Info

Listed by Ray Rodriguez Compass
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