1263 Park Ave - Apartments FOR SALE


San Jose, CA 95126- Shasta Hanchette Park
$2,499,000 USD
408-358-1111
1263 Park Ave, San Jose, CA for Sale
$2,499,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1263 Park Ave
San Jose, CA 95126
Shasta Hanchette Park


HIGHLIGHTS

  • Fully occupied and meticulously cared for.
  • Investment opportunity nestled in the heart of San Jose
  • Convenient commuter access.

OVERVIEW

Discover a remarkable investment opportunity nestled in the heart of San Jose's highly sought-after Rose Garden neighborhood. This rare corner lot seamlessly blends timeless charm with incredible income-generating units, all on a single parcel, making it ideal for savvy investors or those seeking a unique living arrangement. At the center of the property is a 3-bedroom, 2-bath Craftsman-style single-family home with an attached studio, along with a well-maintained 4-unit structure featuring private patio areas, ample storage space, and a shared laundry room for convenience. The carport includes tandem parking spaces for all residents. Fully occupied and meticulously cared for, this property presents a steady stream of income with room for potential expansion. Whether you're envisioning a primary residence with rental income, a purely investment-driven venture, or a combination of the two, this opportunity offers exceptional flexibility. Situated in one of San Jose's most desirable and picturesque neighborhoods, you'll enjoy proximity to charming tree-lined streets, top-rated schools, vibrant cultural attractions, and convenient commuter access. Opportunities like this are rare. Make the Rose Garden your next great investment.

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$790 USD /SF

# OF UNITS

6

PRICE/UNIT

$416,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,740 SF

ZONING

R3

APN/PARCEL ID

274-13-031

ASK ABOUT THIS PROPERTY

Rajesh JindalCompassMore Info
408-358-1111

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Rajesh JindalCompassMore Info
408-358-1111

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