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893 S Almaden Avenue

San Jose, CA 95110
  • $2,300,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: ML81969787
$2,300,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

School District:
Listing Agent(s): Jatinder Bhullar of Chico and Tamy Realty ((408) 509-3280)


Description

Excellent Investment opportunity located in Downtown San Jose. Building has 4 residential units with all occupied by tenants that have resided for more than 5 years. Front 2 commercial units are a Laundromat and a Restaurant. Building benefits from being in close proximity to Freeways (280, 87) and Shopping centers. A turn key investment with stable income and yearly increases on commercial units. Grossing $150,000 a year. All information is deemed correct but not guarantied. Buyer to perform own due diligence. Seller would like to 1031 Exchange property at no cost to Buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-18T00:28:07.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/151707212
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893 S Almaden Avenue San Jose, CA 95110

  • Price: $2,300,000
  • Status: Active
  • On Site: 94 Days
  • ID#: ML81969787
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1965
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
Excellent Investment opportunity located in Downtown San Jose. Building has 4 residential units with all occupied by tenants that have resided for more than 5 years. Front 2 commercial units are a Laundromat and a Restaurant. Building benefits from being in close proximity to Freeways (280, 87) and Shopping centers. A turn key investment with stable income and yearly increases on commercial units. Grossing $150,000 a year. All information is deemed correct but not guarantied. Buyer to perform own due diligence. Seller would like to 1031 Exchange property at no cost to Buyer.
Exterior Features

Carport Spaces 0 Parking Total 4 Roof OtherShingle

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 146640 Insurance Expense 3200 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 1200 Other Expense 0 Special Listing Conditions Standard Tax Annual Amount 22344 Trash Expense 3948 Water Source Public Zoning C2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-18T00:28:07.32. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Jatinder Bhullar of Chico and Tamy Realty ((408) 509-3280)