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2643 S Bascom Ave

San Jose, CA 95124
  • $10,000,000
  • STATUS: Active Under Contract
  • ON SITE: 44 Days
  • ID#: ML81887059
Under Contract
$10,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,270
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

40 apartment units in a good City of San Jose location adjacent to the border of the City of Campbell. Unit Mix: (40) 1 Bedroom 1 Bath Units. Improvements consist of 3 two story buildings containing 40 apartment units and a fourth single story building containing the common laundry room, owner storage room and water heater room spread out over a large parcel of land with approx. 58 parking spaces. Same family ownership for many years. Significant rent upside potential. Adjacent to quality single family homes and townhomes, across the street from Lunardi's Market and Walgreens. Close proximity to The Pruneyard Shopping Center, Downtown Campbell, Campbell Park and the Los Gatos Creek Trail. Easy access to large Tech and Health Care Employers including eBay HQ, Netflix HQ, Good Samaritan Hospital & El Camino Hospital Los Gatos. Stated rent for resident manager and est. rent of $1,695/Month for the 1 vacant unit was included in the annual rental income shown but not in the rent range shown

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-28T23:51:42.583. 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. DX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
www.kuldagroup.com/homes/127725842
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2643 S Bascom Ave San Jose, CA 95124

  • Price: $10,000,000
  • Status: Active Under Contract
  • On Site: 44 Days
  • ID#: ML81887059
0
Beds
0
Baths
0
½ Baths
N/A
Acres
20,270
SQFT
$493
$/SQFT
1963
Built
Neighborhood:
Cambrian
County:
Santa Clara
Area:
Cambrian
Property Description
40 apartment units in a good City of San Jose location adjacent to the border of the City of Campbell. Unit Mix: (40) 1 Bedroom 1 Bath Units. Improvements consist of 3 two story buildings containing 40 apartment units and a fourth single story building containing the common laundry room, owner storage room and water heater room spread out over a large parcel of land with approx. 58 parking spaces. Same family ownership for many years. Significant rent upside potential. Adjacent to quality single family homes and townhomes, across the street from Lunardi's Market and Walgreens. Close proximity to The Pruneyard Shopping Center, Downtown Campbell, Campbell Park and the Los Gatos Creek Trail. Easy access to large Tech and Health Care Employers including eBay HQ, Netflix HQ, Good Samaritan Hospital & El Camino Hospital Los Gatos. Stated rent for resident manager and est. rent of $1,695/Month for the 1 vacant unit was included in the annual rental income shown but not in the rent range shown
Exterior Features

Foundation Concrete Slab Garage Parking Uncovered Parking Number Of Buildings 4 Pool YN No Roof BitumenFlat / Low PitchTar And Gravel Units In Complex Min 40

Interior Features

Beds Unit1 1 Cooling Other Heating Wall Furnace Laundry Coin Operated Sq Ft Unit1 470 Structure Sq Ft 20270

Property Features

Accessibility Features None Additional Listing Info Not Applicable Amenities None City Limits Yes City Name San Jose Community Name Bascom Arms Cross Street Union Avenue Hoa Amenities Common Utility Room Hoa YN No Lot Size Area Maximum 53025.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1145 Restrictions None Security Features None Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Public Zoning CpR-1

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Keith Suddjian of Cornish & Carey Commercial.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-05-28T23:51:42.583. 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. DX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty.

Licensed in the State of California.
 
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