1235 Leigh Ave, San Jose, CA 95126

$6,048,000
12,112
SqFt
List Price
$6,048,000
Price Change
▼ $252,000 1559105950
Closing Date
Nov 15, 2019
MLS#
ML81749315
Status
PENDING (DO NOT SHOW)
Sqft. of Residence
12,112
Lot Size
18,707
Listing Area
Central San Jose
Year Built
1963

Property Description

*Financials based on proforma numbers. Leigh Court Apartments is a stunning, 18-unit apartment community located at 1235 Leigh Ave in thriving San Jose, California. Situated on a 0.43 Acre parcel of land, the subject property was originally constructed in 1963, and has a gross building area of approximately 12,120 square feet, offering its tenants beautifully designed, studio, one and two-bedroom floorplans. The unit mix consists of (4) studios, (10) 1-Bedroom/1-Bath Units, (2) 2-Bedroom/1-Bath Units, and (2) huge 1,030 SF 2-Bedroom/1.5-Bath units. The investment appeal of this asset is driven by San Jose strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Leigh Court Apartments presents an attractive choice for South Bay renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Additional Information

Acres
0.4295
Age
56
Building Name
Leigh Court Apartments
Cooling System
None
Energy Features
None
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Attached Garage, Carport
Heating System
Wall Furnace
Living Area
12,112
Lot Description
Grade - Level
Lot Size
18,707
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition
Sewer
Sewer Connected
Special Features
None
Unincorporated Yn
Yes
Zoning
R4H

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Adam S. Levin from Marcus & Millichap

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