1360 Palm Street
San Jose, CA 95110
0.27 acres | #ML81959360
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.
Property Details
- Acres0.27
Construction Details
- Property TypePurchase
Condition
- Year Built1951
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictSan Jose Unified
- CountySanta Clara
Financial Details
- Original List Price$2,800,000
- Taxes Annual$37,001
Other
- MLS #ML81959360
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Amit Urban (#ML5095706)
Listing Office: Magnify Real Estate (#ML5099692)
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