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Listed by Bryan Danforth • Compass
$ 4,675,000
Est. payment /mo
Pending
1500 S White Road San Jose, CA 95127
18,274 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 18,274 sqft
Price per Sqft $255
MLS Listing ID ML81998688
HOA Y/N No
Year Built 1964
Lot Size 0.574 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
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
Location
State CA
County Santa Clara
Interior
Heating Electric
Cooling None
Fireplace No
Laundry Coin Operated
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