$1,600,000
$1,688,888
5.3%For more information regarding the value of a property, please contact us for a free consultation.
780 Deland AVE San Jose, CA 95128
6,534 Sqft Lot
Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81955547
Sold Date 04/08/24
HOA Y/N No
Year Built 1961
Annual Tax Amount $1,741
Lot Size 6,534 Sqft
Property Description
Location! Location! Location! This property consists of one well maintained and stable six unit building totaling ±4,307 square feet on one 6,534 square foot lot with covered parking and additional off street parking. Six units consist of one three well laid out two bedroom units, two one bedroom units and one studio apartment. One unit has a private garage, On-site coin operated laundry services offered for tenants. The property is located in one of the most sought after and desirable locations in the Bay Area. The property is within walking distance to San Jose City College and within 10 mile radius to many high tech employers, and about a 10 min drive to San Jose Airport. This beautiful example of a multifamily asset has been well maintained with no deferred maintenance. Tenants have enjoyed living in this property and have taken great care of it. The property is well situated to enjoy the benefits of the large Google development in Downtown San Jose. Property is rent controlled allowing owner the ability to increase rent by 5%.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Composition,Shingle
Building
Water Public
Schools
School District Other
Others
Tax ID 28238040
Financing Cash
Special Listing Condition Standard
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Bought with Eugene Korsunsky • Intempus Realty