$3,575,000
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0.28 Acres Lot
SOLD DATE : 08/12/2022
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81893126
Sold Date 08/12/22
HOA Y/N No
Year Built 1971
Annual Tax Amount $46,726
Lot Size 0.276 Acres
Property Description
HUGE PRICE REDUCTION Current 5% Cap Rate in West San Jose 415 S Willard Ave is a stunning 11-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,040 square feet, the subject property was originally constructed in 1971 and has a gross building area of approximately 6,408 square feet, offering its tenants beautifully designed studio, one-bedroom, and two-bedroom floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University and San Jose State University. As part of Silicon Valley, this location offers renters close proximity to many of the nations top tech employers including Apple, Google, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, LinkedIn as well as many others. The subject property also provides tenants and residents close proximity to San Jose State University and Downtown San Jose.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 9
Roof Type Tar/Gravel
Schools
School District San Jose Unified
Others
Tax ID 27718032
Financing Cash
Special Listing Condition Standard
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Bought with Eymon Binesh Marcus & Millichap
