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Jim, Justin and Vickie, Sales Associate
SOLD
$4,992,000
Date 08/23/2023

1895 The Alameda
San Jose, CA 95126

Business Opportunities
Residence
9,020
Sqft
0.3488
Lot Size
Listing Agent: Justin Bautista CalDRE: 01268331 - Newmark Cornish & Carey

Description for 1895 The Alameda San Jose, CA 95126

Rare Rose Garden Investment Opportunity! Attractive courtyard style complex. Newer dual paned windows, exterior paint and roof. Drought tolerant landscaping. Unit Mix: (2) Studio, (9) 1+1, (1) 2+1, (1) 2+1 Owners Unit. Some of the units have been upgraded. Below market rents - upside potential. Market GRM: 12.86 / Market Cap Rate: 5.59%. Ideal 1031 exchange opportunity; Seller is willing to wait for buyer to sell downleg property. Prime Rental Location - convenient to Highways 880 & 101, short walk to parks and schools. Minutes to Downtown San Jose, San Jose State University and Santa Clara University.

Property Details

ML81927008
Business Opportunities, Other
Santa Clara
1957
0.3488 Acres
Public
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Listing Agent: Justin Bautista CalDRE: 01268331 - Newmark Cornish & Carey
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]

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