$2,998,000
For Sale

357 Willow Street

San Jose, CA 95110
0.14 acres | #ML81984506
Listing OfficeMarcus & Millichap
Browse 14 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

357 Willow St is an exceptional 10-unit investment opportunity located in the thriving city of San Jose, California. Situated on a parcel of land totaling 6,302 square feet, the subject property features a gross building area of approximately 4,500* square feet, offering tenants beautifully designed one-bedroom floor plans. The subject property provides tenants with convenient amenities such as private parking and an on-site laundry facility. 357 Willow St has also recently undergone extensive capital improvements including new exterior paint, installation of dual-pane windows, and various upgrades to meet local fire codes. Furthermore, the subject property has recently completed the installation of a new solar energy system. This upgrade features a new PVC membrane roof, a new 15.3kW LG Solar Electric System with 45 LG 340W solar panels, and an upgraded 225A electrical system. Total capital expenditure for this project exceed $135k. The subject property sits near Downtown San Jose, Downtown Willow Glen and is within close proximity to the Target anchored San Jose Market Center, all being home to a myriad of dining, shopping, and entertainment options.

  • Property Details
      • Acres0.1447
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1950
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictSan Jose Unified
      • CountySanta Clara
  • Financial Details
      • Original List Price$2,998,000
      • Taxes Annual$39,275
  • Other
      • MLS #ML81984506

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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