1360 Palm ST, San Jose, CA 95110

$2,800,000
5,540
SqFt
List Price
$2,800,000
MLS#
ML81959360
Status
ACTIVE
Property Type
com
Sqft. of Residence
5,540
Lot Size
11,761
Listing Area
Central San Jose
Year Built
1951

Property Description

Magnify Real Estate is pleased to exclusively present the opportunity to acquire 1360 Palm St, a ten (10) unit value-add investment located in San Jose. Constructed in 1951, the property comprises 10 spacious one-bedroom/one-bath units, totaling 5,540 square feet of building space on an expansive lot of 11,832 square feet. It features dual pane windows, a common area courtyard, carports, and select units offering ensuite washer/dryers or hook-ups. This investment has the potential to add washer & dryers in each unit, along with additional ADU potential. The property is a few miles from San Jose State University, SoFA District, and Downtown San Jose. It is conveniently accessible to Highways 87 and 280. Finally, its close proximity to major tech employers such as Adobe HQ, eBay, and Zoom makes it an attractive location for potential tenants seeking employment opportunities.

Additional Information

Acres
0.27
Age
73
Cooling System
Other
Foundation
Crawl Space
Garage Parking
Assigned Spaces, Carport, Covered Parking, Off-Street Parking
Heating System
Wall Furnace
Living Area
5,540
Lot Size
11,761
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Other
Sewer
Sewer - Public
Special Features
Other
Unincorporated Yn
Yes
Zoning
C2H

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Amit Urban from Magnify Real Estate. 650-282-0477

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