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$6,000,000
Est. payment /mo
0.56 Acres Lot
UPDATED:
12/05/2024 02:37 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81962072
HOA Y/N No
Year Built 1966
Annual Tax Amount $72,000
Lot Size 0.560 Acres
Property Description
Located just steps away from downtown Willow Glen, 1136 Brace Avenue in San Jose is a rare investment opportunity with strong market fundamentals. This multi-family building was built in 1966 and is now on the market for the first time in over a twenty years. Comprising fifteen (15) units, the property features amenities such as a pool, covered parking, and on-site coin-operated laundry facilities, catering to tenant needs and enhancing rental income potential. With its stable rental history and potential for value-add through strategic upgrades, investors can benefit from immediate cash flow and long-term appreciation potential in Willow Glens thriving real estate market.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R1-8
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 18
Roof Type Bitumen,Metal
Total Parking Spaces 3
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 42917090
Security Features Security Lights
Special Listing Condition Standard
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Listed by Kristine Lyng • Taylor Properties
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908