407 Raymond Ave - Apartments FOR SALE


San Jose, CA 95128- Burbank
$1,288,000 USD
408-665-9391
407 Raymond Ave, San Jose, CA for Sale
$1,288,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

407 Raymond Ave
San Jose, CA 95128
Burbank


HIGHLIGHTS

  • Prime Location
  • Move in Ready
  • Investment or User

OVERVIEW

Both units offer IMMEDIATE OCCUPANCY! Renovations include: New flooring, paint, blinds, lighting, built in microwaves, sliding door (Unit B), bathroom remodel (Both Units), landscaping etc. Property Summary: This 2-unit residential property features mirrored units boasting unique features such as private laundry closets for each unit, private entrances, private and secluded patios, 2 car covered carport and an abundance of additional off-street parking. Each unit is approximately 1,040 Sqft and fea-tures a kitchen, living room and patio 1st floor, 2 bedrooms, 1 full bath 2nd floor. Mature Fruit Trees! Avocado & Orange! Location Overview: Prime location is just 2 minutes from Hwy 280 and 4 minutes from Hwy 880. Just 5 minutes from Westfield Valley Fair. 4 Minutes from San Jose City College makes this property ideal for Student Housing! Live in one, rent the other to a student? This property offers many unique opportunities to owner users and investors alike! Excellent Location Excellent Demographics Ideal Owner User or Investment Below Replacement Cost Mature Fruit Trees 4 Minutes to San Jose City College 2 Minutes to Hwy 280 and 880 Ready for IMMEDIATE OCCUPANCY

FOR SALE DETAILS

PRICE

$1,288,000 USD

PRICE/SF

$619 USD /SF

# OF UNITS

2

PRICE/UNIT

$644,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,000 SF

ZONING

-

APN/PARCEL ID

277-08-045

ASK ABOUT THIS PROPERTY

Christian RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-665-9391

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Christian RenzRenz & Renz Investment & Commercial BrokerageMore Info
408-665-9391

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