1360 Palm St, SAN JOSE, CA

$2,700,000

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5,540

Square feet

0.27

Acres

About 1360 Palm St

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.

Features of 1360 Palm St

MLS® # ML81959360
Price $2,700,000
Square Footage 5,540
Acres 0.27
Year Built 1951
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 1360 Palm St
Area Central San Jose
City SAN JOSE
County Santa Clara
State CA
Zip Code 95110

Amenities

Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Parking Spaces 3
Is Waterfront No

Interior

Heating Wall Furnace
Cooling Other
Fireplace No

Exterior

Roof Other Roof
Foundation Crawl Space

Additional Information

Zoning C2H
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAmit Urban
OfficeMagnify Real Estate
Contact Info650-282-0477

Listing Map

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