5500 Camden AVE, San Jose, CA 95124

$10,800,000
29,358
SqFt

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Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Joshua Johnson from Marcus & Millichap

Sold listing courtesy of Robert Johnston from M&MKW

Sold Price
$10,800,000
List Price
$10,980,000
Closing Date
Apr 28, 2025
MLS#
ML81990254
Status
SOLD
Sqft. of Residence
29,358
Lot Size
67,082
Listing Area
Cambrian
Year Built
1974

Property Description

Compass Commercial and Marcus & Millichap are pleased to exclusively market for sale Holly Oaks Apartments, a 45-unit apartment community located at 5500 Camden Ave in San Jose, CA. This beautiful garden-style community is being presented to the market for the first time in more than 30-yrs. Built in 1974, The Holly Oaks are comprised of (5) two-story residential buildings and (1) single-story amenity building on a 1.54-acre lot. The community has 44 one-bedroom/one-bath units that measure 625 square feet and one two-bedroom/two-bath managers unit at 1,100 square feet. Project amenities include a leasing office, swimming pool, laundry facilities, and manicured grounds. There are 45 carports and 20 open parking spaces; a parking ratio of 1.44 spaces/unit. OWNERSHIP IS CURRENTLY REPLACING ALL OF THE ROOFS AT THE PROPERTY, eliminating a significant capital expenditure for the buyer. The property is easily accessible from Hwy 85 and is a short commute to major employment centers in San Jose, Los Gatos, and Campbell. Holly Oaks is also near major shopping centers & entertainment districts. Costco, Whole Foods, Target, Walmart and Safeway are located just minutes away. Westfield Oakridge Mall is three miles east of the property and downtown Los Gatos is less than five miles west.

Additional Information

Acres
1.54
Age
51
Building Name
Holly Oaks
Cooling System
Ceiling Fan, Window / Wall Unit
Days On Market
Unknown
Floor Covering
Carpet, Laminate
Foundation
Concrete Slab
Garage Parking
Assigned Spaces, Carport, Covered Parking, Uncovered Parking
Heating System
Electric
Laundry Facilities
Coin Operated
Living Area
29,358
Lot Size
67,082
Neighborhood
Cambrian
Other Rooms
Office Area
Other Utilities
Individual Electric Meters, Individual Gas Meters
Pool Description
Pool - In Ground
Roof
Composition, Shingle
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
R3H

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