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508514 S Willard AVE San Jose, CA 95126
0.47 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82008590
HOA Y/N No
Year Built 1957
Annual Tax Amount $56,959
Lot Size 0.468 Acres
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 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 14
Roof Type Composition
Total Parking Spaces 10
Building
Water Public
Schools
Elementary Schools Merritt Trace
Middle Schools Herbert Hoover
High Schools Abraham Lincoln
School District San Jose Unified
Others
Tax ID 27719041
Special Listing Condition Standard
Listed by Jimmy Castellanos • Marcus & Millichap