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… Read More 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. Read Less
Courtesy of Marcus & Millichap, Jimmy Castellanos 408-483-5040
Listing Snapshot
Days Online
5
Last Updated
Property Type
Five Or More Units
Square Ft.
11,728
Lot Size
0.47 Acres
Year Built
1957
MLS Number
ML82008590
30 Days Snapshot Of 95126
$1.29M
-26%
(avg) sold price
10
-23%
homes sold
31
+121%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 20368.00, Max Area Units: Square Feet, Lot is 0.46758494031221 acres
Accessibility Features
None
Unit One
Rent: $1,497, 1 bedroom
Unit Two
Rent: $1,550, bedrooms: 2
Building
11,728 structure square feet, Age: 68, Built in 1957, 2 buildings, Construction type: Wood Frame, 20 minimum units in complex
Cooling
Window / Wall Unit
Foundation
Concrete Perimeter
Garage
Assigned Spaces, Carport
Water Features
Public
Heating
Wall Furnace
Laundry
Coin Operated
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 170291
Parking
10 parking spaces
Property
Zoning: R3
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $56,959
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Public Utilities
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