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JLee Broker

JLeeRealty

[email protected] +1(650) 857-1000

Listed by Robert Johnston • Marcus & Millichap

$4,410,000

Est. payment - /mo

2 Beds

2 Baths

8,072 SqFt

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Thu May 08, 11:00am - 1:00pm

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,072 sqft

Price per Sqft $546

MLS Listing ID ML82004853

Bedrooms 2

Full Baths 2

Originating Board MLSListings, Inc.

Year Built 1962

Lot Size 0.282 Acres

Property Sub-Type Five or More Units

Property Description

2970 Magliocco Dr is an exceptional 18-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,285 square feet, the subject property was originally constructed in 1962 and has a gross building area of approximately 8,072 square feet, offering its tenants beautifully designed two-bedroom and studio floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime West San Jose location featuring convenient access to Downtown San Jose (7 miles) and Santana Row (2 miles) home to a myriad of high-end shopping, dining and entertainment options. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 2970 Magliocco Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County Santa Clara

Area Campbell

Zoning R3H

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Attached Garage, Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Tax ID 279-08-027

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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2970 Magliocco DR San Jose, CA 95128

JLee Broker

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

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