Property Details
About this Property
This well-maintained property offers the opportunity to acquire an apartment complex in an ideal rental location. The property features an outstanding unit mix of (18) 2 bedroom/1 bathroom apartments - 860 sf each and (6) 1 bedroom/1 bathroom apartments - 774 sf each. The property is gated and features an attractive courtyard. There is the potential to add a 25th unit as an ADU. There is a large open space on the 2nd floor that is not being utilized. There is an additional area on the 2nd floor that will allow two of the 2+1 apartments to be converted into two 2+2 apartments with in unit laundry. Please see the drawings for these in the offering memorandum. This strong rental location is moments from Santana Row, Valley Fair Mall, Downtown Campbell and is near Highways 280, 17 and Santa Tomas Expressway. The property is also moments away from shopping, schools and parks. A buyer should be able to secure a new loan at 3.15% fixed for 7 years with 3-4 years of interest only payments.
MLS Listing Information
MLS #
ML81873768
MLS Source
MLSListings, Inc.
Interior Features
Laundry
Coin Operated
Cooling
None
Heating
Electric
Exterior Features
Roof
Composition, Shingle
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Common Utility Room
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 23 | 24 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 860 | 2 | 1/0 | $2,188 | $2,550 | 18 |
| 2 | 774 | 1 | 1/0 | $1,926 | $2,150 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
2955 Neet Ave is a Residential Income in San Jose, CA 95128. This 20,076 square foot property sits on a 0.835 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $10,450,000 and was built in 1963. This address can also be written as 2955 Neet Ave, San Jose, CA 95128.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Justin Bautista, (650) 996-9384
