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$2,998,000
Est. payment /mo
6,303 Sqft Lot
UPDATED:
12/05/2024 05:22 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81984506
HOA Y/N No
Year Built 1950
Annual Tax Amount $39,275
Lot Size 6,303 Sqft
Property 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.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 26440067
Special Listing Condition Standard
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Listed by Robert Johnston • Marcus & Millichap
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908