3047 David Avenue, a 14-unit multifamily property in San Jose, California. Built in 1958, the property sits on a 13,200 square foot parcel and includes approximately 8,076 square feet of rentable space.The unit mix consists of ten one-bedroom/one-bath units and four two-bedroom/one-bath units, offering an efficient layout that appeals to… Read More a wide tenant base. The garden-style design allows for easy management and has historically supported strong occupancy. The property is ideally located between Historic Downtown Campbell and Santana Row, with convenient access to dining, retail, and entertainment. It is also within 35 miles of major tech employers, including Adobe, eBay, PayPal, Zoom, Western Digital, and Nutanix. The location also offers excellent connectivity via Highways 280, 880, and 17, further supporting strong tenant demand. Read Less
Courtesy of Marcus & Millichap, Jimmy Castellanos 408-483-5040
Listing Snapshot
Days Online
15
Last Updated
Property Type
Five Or More Units
Square Ft.
8,076
Lot Size
0.3 Acres
Year Built
1958
MLS Number
ML82042695
30 Days Snapshot Of 95128
$1.74M
-3%
(avg) sold price
19
+90%
homes sold
16
+45%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 13200.00, Max Area Units: Square Feet, Lot is 0.3030303030303 acres
Accessibility Features
None
Amenities
HOA amenities: None
Unit One
Rent: $1,652, 1 bedroom
Unit Two
Rent: $1,302, bedrooms: 2
Building
8,076 structure square feet, Age: 68, Built in 1958, 1 building, Construction type: Wood Frame, 14 minimum units in complex
Cooling
Window / Wall Unit
Foundation
Concrete Perimeter
Garage
Assigned Spaces, Carport
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 112525
Parking
4 parking spaces
Property
Zoning: RM
Roof
Composition, Shingle
Security Features
None
Taxes
Annual tax amount: $51,982
Sewer
Sewer - Public
Utilities
Master Water, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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