Situated 1 mile from Downtown San Jose, 215 Oak St is a rare opportunity to acquire a high income producing property in the heart of Silicon Valley. The asset features (7) One bedroom One bathroom units and (7) dedicated parking spaces in an area where parking is limited. Tenants enjoy use of a convenient on-site laundry facility and being in close proximity to major attractions. Offered at a 4.67% cap Rate/14.09 GRM - 5.90% Pro Forma Cap Rate/11.965 GRM, the complex will provide investors with stable cash flow on day one and significant future upside in rents. Please Contact Theodore Wong for the Offering Memorandum
MLS #
ML81840495
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.00
Laundry
Coin Operated
Cooling
None
Heating
Central Forced Air
Roof
Tar/Gravel
Foundation
Other
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
C2
Listing Agent
Theodore Wong
Compass
License #: 02016737
Phone: (510) 384-9721
Co-Listing Agent
Brandon Tran
License #: 01926337
Phone: (510) 735-5367
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 7 | 7 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 630 | 1 | 1/0 | $1,800 | $1,975 | 7 |
215 Oak St is a Residential Income in San Jose, CA 95110. This 4,395 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1957.
This address can also be written as 215 Oak St, San Jose, CA 95110.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of May 25, 2024. For the most current information, please contact Theodore Wong, (510) 384-9721