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Listed by Jimmy Castellanos • Marcus & Millichap
$4,100,000
Est. payment /mo
3 Beds
2 Baths
11,728 SqFt
Open Thu 12PM-1PM
508-514 S Willard AVE San Jose, CA 95126
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OPEN HOUSE
Thu Jun 05, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,728 sqft
Price per Sqft $349
MLS Listing ID ML82008590
Bedrooms 3
Full Baths 2
Year Built 1957
Lot Size 0.468 Acres
Property Sub-Type Five or More Units
Property Description
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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