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$4,383,500
ML81998688 MLS Foothill Manor Apartments BLDG.
PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688

1500 S White RD, San Jose

Listed by Bryan Danforth, 650-274-5227 from Compass
(If provided) CoList: Matthew Thomson from Compass

Sold listing courtesy of Bryan Danforth from APR

$2,450,000
ML81995402 MLS
Open House February 27th 1:00-2:30PM 510 Chiechi Ave is a two-story building located in the Buena Vista neighborhood offering its tenants a great location with transportation, entertainment, dining and attractions. This standout property boasts a versatile unit mix of (10) 2 Bed, 1 Bath units, all equipped with designated carports, open parking spaces and a convenient coin operated laundry room. With approximately 7,564 square feet of living space on a 0.23-acre lot, this building provides both comfort for tenants and strong rental income potential for investors. Four out of the ten units have updated kitchen cabinets and counter tops, half of the units have carpet flooring, and the other half a combination of tile flooring or laminate. The location couldnt be better! Youre a short drive from Downtown San Jose and have easy access to Highway 280, 87, and 101, putting all of San Jose within reach. Plus, approximation to major employers like Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. Partition Sale not subject to court confirmation.

510 Chiechi AVE, San Jose

Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Allison Chapleau from Compass

Sold listing courtesy of Tony Zizzo from PACU

$10,800,000
ML81990254 MLS Holly Oaks BLDG.
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.

5500 Camden AVE, San Jose

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

$3,250,000
ML81985075 MLS
We are pleased to exclusively present the opportunity to acquire 2994 Huff Ave, a prime 12 unit investment that offers strong current income and high potential for equity growth. The property is nestled in a top San Jose neighborhood right by Santana Row. Built in 1960, this property consists of 9 one-bedroom/one-bathroom and 3 two-bedroom/one-bathroom units amounting to 7,710 square feet. The building is situated on a generous 11,400 square foot lot offering ample space for tenants. The property is a short 10-minute drive to New Google Headquarters, eBay, the Pruneyard, and Downtown Campbell. It is also in close proximity to San Jose City College and San Jose State University and features easy access to Highways 880, 280, and 87.

2994 Huff AVE, San Jose

Listed by Kyle De Mattei, 408-334-3226 from Magnify Real Estate
(If provided) CoList: from

Sold listing courtesy of Andres Lopez from M&MKW

$3,150,000
ML81984031 MLS
Introducing 523 Page Street, a highly-renovated 10 unit apartment building in the heart of Silicon Valley. The property contains a desirable unit mix of (8) 2 bedrooms/1 bath units and (2) 1 bedroom/1 bath units on a generous 13,400 square foot parcel. 9 of the 10 unit interiors have been thoughtfully modernized including kitchen cabinets, stone countertops, stainless steel appliances (select units) etc., LVP or carpet flooring, and the bathrooms contain new vanities, shower bath surround, etc., upgraded interior doors and closet doors, and recessed lighting (most units). Units 1 and 6 have large private patios and all units have individual water heaters. Each building exterior recently received a fresh coat of paint, possess double pane windows throughout, and the grounds are easily maintained with drought tolerant landscaping. Tenants benefit from a new laundry facility with owned laundry equipment attractive flooring. parking: (6) carport spaces, (4) tuck under spaces with storage lockers and (2) uncovered spaces.

523 Page ST, San Jose

Listed by Steve Zirelli, 650-224-3118 from Cornish & Carey Commercial
(If provided) CoList: Joel Hopman from Newmark Cornish & Carey

Sold listing courtesy of YIng Ho from DYINGHO

$3,250,000
ML81962730 MLS
First time to the market in decades, the Westwood Portfolio represents an investor the rare opportunity to acquire well maintained assets with strong financial performance directly next to San Jose State University. Six of the properties are situated on one city block, with five of the parcels sharing a property line. 231 East San Fernando Street is a traditional 1960s apartment building with a unit mix of (11) 1 bedroom / 1 bathroom units and (1) 2 bedroom/ 1 bathroom unit. The property lies directly across the street from San Jose State University. Can be purchased individually or in combination with 55 S. 6th St., 85 S. 6th St. 97 S. 6th St., 59 S. 5th St., 92 S. 5th St., 84 S. 5th St. The Westwood Portfolio's exceptional Downtown San Jose location provides tenants immediate access to a wide variety of employment options, higher education institutions, and multitude of amenities and recreation options. Investors should benefit from solid fundamentals for years to come.

231 E San Fernando ST, San Jose

Listed by Joel Hopman, 415-722-2200 from Newmark Cornish & Carey
(If provided) CoList: Steve Zirelli from Cornish & Carey Commercial

Sold listing courtesy of Huan Fang from SUEN

$4,300,000
ML81962458 MLS
First time ever available on market, 544-550 S 6th Street represents the rare opportunity to acquire an exceptional 10-unit multifamily asset on one of the best blocks of Downtown San Jose. This asset was originally built in 1969 and is situated on two contiguous parcels totaling 11,868 square feet. The property features Ten (10) beautifully designed two-bedroom/one-bathroom floor plans that are approximately 800 square feet each. This asset has recently undergone extensive renovations to all ten units, including new stainless steel appliances, LVT flooring, quartz countertops, LED lighting, and washer & dryers in Nine (9) units. The exterior has also gone through major upgrades including new stucco, wood siding, stacked stone, and all new dual pane windows throughout. There is an attractive $2,070,000 fixed assumable loan at 3.80% interest through June 2030, that re-adjusts to 5.00% interest through June 2040. The note calls for interest only payments through June 2040, allowing for maximum cash flow during the Sixteen (16) years remaining on the existing note. The loan must be assumed and subject to lender approval.

544-550 S 6th ST, San Jose

Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

Sold listing courtesy of Erfan Modir from NTERO

$4,700,000
ML81958747 MLS
PRICED TO SELL!!! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management. Beautiful Curb Appeal. Must See to Appreciate! Property selling for personal reasons. Quick Close/Strong Terms Encouraged. TOUR SCHEDULE: Wednesday, 3/27, 10:30. SATURDAY TOUR: 3/30 CANCELLED, Rescheduling TBD

650 S 8th ST, San Jose

Listed by Neel Bhatia, 408-828-4024 from Coldwell Banker Realty
(If provided) CoList: from

Sold listing courtesy of Neel Bhatia from CBR

$3,650,000
ML81936146 MLS
21-unit, Art Deco style building! The 3-story structure consists of 19 studios, approx. 410 SF & 2, 1/BR/1BA units approx. 675 SF. Property is a significant remodel/upgrade opportunity. The building and ALL the units are in very poor condition and in need of major capital improvements including electrical and plumbing systems. BUYER TO VERIFY ALL WORK AND PERMITS REQUIRED. The building has been identified as a Structure of Merit as Defined in the San Jose 2040 General Plan. A Structure of Merit is considered An important historic property or feature of lesser significant, and that does not qualify as a City Landmark or for the California or National Registers but attempts should be made for preservation to the extent feasible under the 2040 General Plan goals and policies. Buyers should contact the City of San Jose Planning department for renovation or redevelopment plan. The building is being sold "As-Is" in its current condition with all the contents.

222 N 3rd ST, San Jose

Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: from

Sold listing courtesy of Andrew Nguyen from TRJRE

$9,800,000
ML81933442 MLS
This multifamily apartment portfolio, consists of (3) Iconic Properties: Ivy Hall, Dorchester mansion and The Duplex Manor. 279 E San Fernando (Ivy Hall) consists of (17) Single Room Occupancy Bedrooms (SROs). 295 E San Fernando (Dorchester Mansion) consists of (1) 2 Bed 1 Bath (9) 1 Bed 1 Bath (5) Studios and (1) 4 Bed 1.5 Bed Single Family House. 73 S 7th St (Duplex Mansion) consists of (1) 4 Bed 1 Bath (1) 3 Bed 1 Bath Units. The portfolio is located across the street from San Jose State University. The four buildings are iconic to the city of San Jose with a pride of ownership corner lot. 279 E San Fernando St consists of 17 single-room occupancy bedrooms including FREE Wi-Fi for tenants, a manager's office, a communal kitchen, bathrooms, and a lounging area with cable TV. Every unit has the option of renting a parking space or a garage for their convenience and added income.

279-295 E San Fernando ST, San Jose

Listed by Ray Rodriguez, 626-483-5136 from Compass
(If provided) CoList: Tony Zizzo from Compass

Sold listing courtesy of Henry Yang from HYANG

$3,500,000
ML81929330 MLS
Built in 1986. Not subject to San Jose rent control. Incredible unit mix: (8) 2 bedroom / 1 bathroom townhouse style apartments and (1) 2 bedroom / 1 bathroom flat. All units feature either private patio or large private yard. Very well-maintained property. Newer roof and exterior paint. Strong in-place rents - Current GRM: 13.33 and Current Cap Rate: 4.95%. Tremendous upside potential - Market GRM: 11.88 and Market Cap Rate: 5.84%. Extremely low historical vacancy rate - 1.6% over the past 5 years. The property is located in the Edenvale neighborhood of South San Jose and is convenient to shopping, schools parks and Highways 85 & 101. This property has been lovingly maintained and updated by the same family for almost 25 years and would make a tremendous addition to any real estate portfolio.

240 Bendorf DR, San Jose

Listed by Steve Zirelli, 650-224-3118 from Cornish & Carey Commercial
(If provided) CoList: Justin Bautista from Newmark Cornish & Carey

Sold listing courtesy of Tam Nguyen from PHPG

$5,800,000
5 Beds 6 Baths ML81924431 MLS Silver Creek Valley Country Club BLDG.
Exuding effortless style & class, this Silver Creek Valley Country Club mansion crafted by renowned architect Bob Flury is sure to impress! Enviably set behind the gates, at the end of a tree-lined cul-de-sac, this estate backs acres of vast ranch land & commands sweeping views of its breathtaking surroundings. Beautiful landscaping leads to a storybook facade enhanced by lush greenery & graceful fountain. Inside is just as spectacular w/high-end finishes greeting you at every turn, from the rich marble & oak flooring to the impeccable craftsmanship of stylized ceilings adorned w/crystal & alabaster chandeliers. Viking s/s appliances & oversized island grace your chef's kitchen. Primary suite enjoys inspiring views & an opulent ensuite. Hedges add seclusion & water features that lend a peaceful soundscape as you take a dip in the PebbleTec pool & spa. Other perks: Office, bonus rm, Cabernet vineyard, private gated motor court & 6-car garage. Come for a tour while the offer still stands!

5651 La Seyne PL, San Jose

Listed by Thao Dang & Brian Ng, 408-655-0878 from Block Change Real Estate
(If provided) CoList: from

Sold listing courtesy of Brian Ng from BLCH

$14,440,000
ML81921118 MLS Boynton Gardens BLDG.
oynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential.

975 Boynton Ave, San Jose

Listed by Justin Bautista, 650-996-9384 from Newmark Cornish & Carey
(If provided) CoList: from

Sold listing courtesy of Justin Bautista from NEWCC

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