1445-1455 Kerley DR, San Jose, CA 95112

$5,650,000
12,480
SqFt

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Listed by Mitchell Zurich, 408-888-9594 from Marcus & Millichap
(If provided) CoList: Jimmy Castellanos from Marcus & Millichap

Sold listing courtesy of Arman Sadigh from M&MKW

Sold Price
$5,650,000
List Price
$5,825,000
Closing Date
Nov 12, 2024
MLS#
ML81975062
Status
SOLD
Sqft. of Residence
12,480
Lot Size
22,272
Listing Area
Central San Jose
Year Built
1959

Property Description

1445-1455 Kerley Drive comprises 12 one-bedroom, one-bathroom units and 8 two-bedroom, one-bathroom units. Extensive renovations, including new electrical panels, ensure safety and efficiency, eliminating the burden of immediate upfront costs for a new investor. A unique feature is the property's division into two separate Assessor's Parcel Numbers (APNs), offering flexibility for investors. Whether acquiring the entire 20-unit complex or opting to split it into two 10-unit properties, this choice enhances resale potential and caters to various investment strategies. Detailed marketing package available upon request.

Additional Information

Acres
0.51
Age
65
Cooling System
Window / Wall Unit
Days On Market
Unknown
Foundation
Concrete Perimeter and Slab
Garage Parking
Covered Parking
Heating System
Wall Furnace
Living Area
12,480
Lot Size
22,272
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Flat / Low Pitch
Sewer
Sewer Connected
Zoning
M1

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Calculator source: Real Geeks

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