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Roseann Oesterreich, CRS, GRI

San Jose CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in San Jose, CA is $1,400,000. This is higher than the county median home value of $1,312,000. The national median home value is $308,980. The average price of homes sold in San Jose, CA is $1,400,000. Approximately 59% of San Jose homes are owned, compared to 34.25% rented, while 6% are vacant. San Jose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact San Jose real estate agent to arrange a tour today!
Learn more about San Jose.


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Beds:
n/a
Baths:
Sq.Ft.:
8,210
Status:
Active
MLS#:
ML81927390
Type:
Business Opportunities
Lot size:
0.32 Acres
Year built:
1962
Listing Agent: Kyle Chuang CalDRE: 01916730 - Chessboard Capital Kyle Chuang CalDRE: 01916730
View additional info

$570k Price Reduction - Prime Silicon Valley 11-unit Multifamily Asset with Assumable 3.85% debt! If you believe in the growth potential of AI, like NVIDIA (Stock Price T-12 Growth: over 350% return), you cannot miss this prime multifamily asset. Why? The investment thesis is simple: the excellent demographics ($201,279 average household income) will bring you long-term Rent Growth driven by demand/supply dynamics. Highlights: (1) Located in a Single-Family Home neighborhood. Just minutes to major tech companies (Apple, NVIDIA, Netflix, just to name a few), groceries (Mitsuwa and Sprouts), and convenient access to major highways (280, 85, San Tomas Expy, and Lawrence Expy) (2) Priced significantly below replacement costs, (3) Irreplaceable assumable debt! (4) Tenant turnover opportunity to execute value-added strategy to unlock the upsides of this well-maintained property! (5) Amenities: a courtyard, secured gates, on-site laundry, covered parking spaces, and storage (6) Excellent unit mix: (2) 2+2 and (9) 1+1 units (7) Historically durable cash flow

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Based on information from CRISNet MLS as of 4/28/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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