Bought with Bryan Danforth • Compass
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1500 S White RD San Jose, CA 95127
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Key Details
Sold Price $4,383,500
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Sold
Purchase Type For Sale
Square Footage 18,274 sqft
Price per Sqft $239
MLS Listing ID ML82000643
Bedrooms 3
Full Baths 2
Year Built 1964
Lot Size 0.574 Acres
Property Sub-Type Multiple Dwellings / Structures
Property Description
PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688
Location
State CA
County Santa Clara
Area Alum Rock
Zoning C1H
Interior
Heating Electric
Cooling None
Exterior
Parking Features Assigned Spaces
Garage Spaces 21.0
Utilities Available Individual Electric Meters, Public Utilities
Roof Type Rolled Composition
Building
Story 2
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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