5500 Camden Ave, SAN JOSE, CA

$10,980,000

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29,358

Square feet

1.54

Acres

About 5500 Camden Ave

Compass Commercial and Marcus & Millichap are pleased to exclusively market for sale Holly Oaks Apartments, a 45-unit apartment community located at 5500 Camden Ave in San Jose, CA. This beautiful garden-style community is being presented to the market for the first time in more than 30-yrs. Built in 1974, The Holly Oaks are comprised of (5) two-story residential buildings and (1) single-story amenity building on a 1.54-acre lot. The community has 44 one-bedroom/one-bath units that measure 625 square feet and one two-bedroom/two-bath managers unit at 1,100 square feet. Project amenities include a leasing office, swimming pool, laundry facilities, and manicured grounds. There are 45 carports and 20 open parking spaces; a parking ratio of 1.44 spaces/unit. OWNERSHIP IS CURRENTLY REPLACING ALL OF THE ROOFS AT THE PROPERTY, eliminating a significant capital expenditure for the buyer. The property is easily accessible from Hwy 85 and is a short commute to major employment centers in San Jose, Los Gatos, and Campbell. Holly Oaks is also near major shopping centers & entertainment districts. Costco, Whole Foods, Target, Walmart and Safeway are located just minutes away. Westfield Oakridge Mall is three miles east of the property and downtown Los Gatos is less than five miles west.

Features of 5500 Camden Ave

MLS® # ML81990254
Price $10,980,000
Square Footage 29,358
Acres 1.54
Year Built 1974
Type Multi-Residential
Sub-Type Five or More Units
Status Contingent

Community Information

Address 5500 Camden Ave
Area Cambrian
City SAN JOSE
County Santa Clara
State CA
Zip Code 95124

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 20
Is Waterfront No

Interior

Heating Electric Heat
Cooling Room Air Conditioner(s), Ceiling Fan
Fireplace No

Exterior

Roof Composition Roof, Shingle Roof
Construction Wood Frame
Foundation Concrete Slab

Additional Information

Zoning R3H
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentNate Gustavson
OfficeCompass
Contact Info415-786-9410

Listing Map

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