Magnify Real Estate is pleased to exclusively present the opportunity to acquire 1360 Palm St, a ten (10) unit value-add investment located in San Jose. Constructed in 1951, the property comprises 10 spacious one-bedroom/one-bath units, totaling 5,540 square feet of building space on an expansive lot of 11,832 square feet. It features dual pane windows, a common area courtyard, carports, and select units offering ensuite washer/dryers or hook-ups. This investment has the potential to add washer & dryers in each unit, along with additional ADU potential. The property is a few miles from San Jose State University, SoFA District, and Downtown San Jose. It is conveniently accessible to Highways 87 and 280. Finally, its close proximity to major tech employers such as Adobe HQ, eBay, and Zoom makes it an attractive location for potential tenants seeking employment opportunities.
ML81959360
Business Opportunities, Other
Santa Clara
1951
0.27
Acres
Public
5,540
Sq. Ft.
Yes
-7
spaces
1 Total
School Information
San Jose Unified
Interior Features
- Heating
- Other. Wall Furnace.
Exterior / Lot Features
- Parking
- 7 Carport Spaces. 3 Parking Spaces. 0 Covered Parking Spaces.
- Roof
- Other
- Zoning
- C2H
Financial Considerations
43412090
$37,001
Arrows indicate 90 day trend
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