Marcus & Millichap is pleased to present the investment opportunity located at 1352 Carnelian Drive in San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.16 acres and features a gross building area of approximately 3,214 square feet. Built in 1962, the property… Read More sits near Downtown San Jose and is within walking distance to the Walmart-anchored Grand Century Shopping Mall, home to a myriad of dining, shopping, and entertainment options. Likewise, the property is just blocks away from the Happy Hollow Park and Zoo, an exciting entertainment venue for people of all ages. The multifamily building also sits near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergraduate programs and 11th nationally for the executive MBA program based on U.S. News & World Report rankings. As part of Silicon Valley, this location offers renters quick access to many of the nations top tech employers, including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, Cisco Systems, Adobe Systems, and LinkedIn, as well as many others. Overall, the investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels. . Read Less
Courtesy of Marcus & Millichap, Michael Henshaw 650-269-6453
Listing Snapshot
Days Online
1
Last Updated
Property Type
Fourplex
Square Ft.
3,214
Lot Size
0.16 Acres
Year Built
1960
MLS Number
ML82040721
30 Days Snapshot Of 95122
$928k
0%
(avg) sold price
7
-12%
homes sold
9
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6970.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 804 square feet, Unit 1 rent: $2,600
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 804 square feet, Unit 2 rent: $1,426
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 804 square feet, Unit 3 rent: $2,500
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 804 square feet
Accessibility Features
Other
Building
Built in 1960, 4 building units, 1 building, 3,214 structure square feet
Roof
Other
Utilities
Public Utilities
Sewer
Sewer - Public
Security Features
Other
Heating
Gas, Wall Furnace
Cooling
Other
Foundation
Concrete Perimeter, Other
Water Features
Public
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 2
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Heating, Other
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.