1235 Leigh Ave - Apartments FOR SALE


San Jose, CA 95126- Del Marietta-Southwest
$5,300,000 USD
408-888-9594
1235 Leigh Ave, San Jose, CA for Sale
$5,300,000 USD
Apartments - FOR SALE
1/13
null | 5.57% Cap Rate

1235 Leigh Ave
San Jose, CA 95126
Del Marietta-Southwest


HIGHLIGHTS

  • Prime South Bay location near Willow Glen, Campbell, and Santana Row
  • Unit mix: four 2BR units (including two 2BR x 1.5BA), ten 1BR/1BA units, and four studios
  • Near major Silicon Valley employers including Adobe, eBay, Apple, Google, Netflix , and more

OVERVIEW

Marketing package and additional information available upon request. The Zurich Group of Marcus & Millichap is pleased to present 1235 Leigh Avenue, an 18-unit apartment community located just outside the desirable Willow Glen neighborhood of San Jose. Desirable unit mix features four 2-bedroom units (including two 2BR x 1.5BA), ten 1-bedroom/1-bath units, and four studios, appealing to a broad tenant base. The property offers on-site laundry for additional income. Prime South Bay location near Downtown Willow Glen, Campbell, and Santana Row, with easy access to The Pruneyard, San Jose City College, Bascom Light Rail, I-280, and Hwy 17. A rare opportunity to acquire a well-located multifamily asset with strong rental demand.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$438 USD /SF

# OF UNITS

18

PRICE/UNIT

$294,444

CAP RATE

5.57%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Leigh Court

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,709 SF

ZONING

R4H, San Jose

APN/PARCEL ID

284-26-008

ASK ABOUT THIS PROPERTY

Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

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Mitchell ZurichMarcus & MillichapMore Info
408-888-9594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.