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Listed by Adam Foley • CBRE, Inc., DRE#02144332
$2,850,000
Est. payment /mo
1 Bed
2 Baths
5,680 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,680 sqft
Price per Sqft $501
MLS Listing ID ML82044046
Bedrooms 1
Full Baths 2
Year Built 1925
Lot Size 8,778 Sqft
Property Sub-Type Five or More Units
Property Description
804 S Almaden Ave (the Property) is a 12-unit multifamily asset built in 1925, situated on a 0.20-acre lot in San Joses Washington-Guadalupe neighborhood. The Property comprises 5,680 rentable square feet, featuring ten (10) studio units and two (2) one-bedroom/one-bathroom floorplans. The Property offers investors a compelling cash-flowing investment with value add upside in one of Downtown San Joses most accessible locations. Situated in the heart of Silicon Valleys largest city, 804 S Almaden Ave benefits from proximity to major transit corridors, Downtown San Joses employment center, and the regions strong rent growth and vacancy trends
Location
State CA
County Santa Clara
Area Central San Jose
Zoning CN
Interior
Heating Other
Cooling Other
Exterior
Parking Features Common Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Composition,Shingle,Other
Building
Foundation Concrete Perimeter, Pillars / Posts / Piers, Raised
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 264-36-149
Security Features None
Special Listing Condition Not Applicable
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