Bought with Jimmy Castellanos • Marcus & Millichap
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Key Details
Sold Price $3,800,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 11,728 sqft
Price per Sqft $324
MLS Listing ID ML82008590
Sold Date 07/21/25
Bedrooms 3
Full Baths 2
Year Built 1957
Lot Size 0.468 Acres
Property Sub-Type Five or More Units
Property Description
OFFER DATE: Wednesday, June 18th. RARE PRICE POINT! Marcus & Millichap is pleased to present 508-514 South Willard Avenue, a rare 20-unit multifamily opportunity located in the heart of San Jose, CA. Offered at just $205,000 per unit, this property is by far the most attractively priced apartment community currently on the market in San Jose. Spanning two adjacent 10-unit parcels, the asset includes a mix of sixteen one-bedroom units and four two-bedroom units across 11,728 square feet of rentable space on a 0.46-acre lot. The offering represents a unique chance to acquire scale in one of Silicon Valley's most resilient rental markets at a significant discount to replacement cost.
Location
State CA
County Santa Clara
Area Central San Jose
Building/Complex Name 508-514 South Willard Avenue
Zoning R3
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Coin Operated
Exterior
Parking Features Assigned Spaces, Carport
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 277-19-041
Security Features None
Special Listing Condition Not Applicable
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