About 893 S Almaden Ave
Excellent Investment opportunity located in Downtown San Jose. Building has 4 residential units with all occupied by tenants that have resided for more than 5 years. Front 2 commercial units are a Laundromat and a Restaurant. Building benefits from being in close proximity to Freeways (280, 87) and Shopping centers. A turn key investment with stable income and yearly increases on commercial units. Grossing $150,000 a year. All information is deemed correct but not guarantied. Buyer to perform own due diligence. Seller would like to 1031 Exchange property at no cost to Buyer.
Features of 893 S Almaden Ave
| MLS® # | ML81969787 |
|---|---|
| Price | $2,300,000 |
| Square Footage | 5,600 |
| Acres | 0.16 |
| Year Built | 1965 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 893 S Almaden Ave |
|---|---|
| Area | Central San Jose |
| City | SAN JOSE |
| County | Santa Clara |
| State | CA |
| Zip Code | 95110 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 4 |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air Heat |
|---|---|
| Cooling | Central Air Conditioning |
| Fireplace | No |
Exterior
| Roof | Other Roof, Shingle Roof |
|---|---|
| Construction | Wood Frame |
| Foundation | Concrete Perimeter, Crawl Space |
Additional Information
| Zoning | C2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jatinder Bhullar |
|---|---|
| Office | Chico and Tamy Realty |
| Contact Info | 408-630-1972 |