San Jose, CA 95110,230 Josefa Street
Listed by Eric Katz • Katz Inc
Bought with Eric Katz • Katz Inc

$1,875,000

$1,800,000

4.2%
Est.Price: ?

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Est. payment /mo

3,458 SqFt


SOLD DATE : 11/01/2021

Key Details

Sold Price $1,875,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,458 sqft

Price per Sqft $542

MLS Listing ID ML81848587

Sold Date 11/01/21

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1957

Lot Size 5,866 Sqft

Property Sub-Type Other

Property Description

Magnify Investments is pleased to present the opportunity to acquire 230 Josefa Street, a 6-unit property located in a highly desirable location of San Jose. Constructed in 1957, the property consists of (6) 1BD/1BA on a 5,866 square foot lot. The building is well-maintained overall with strong upside in rents. It is located in the heart of downtown San Jose and walking distance to Caltrain/Diridon (0.4 miles) and the planned Google HQ redevelopment. This parcel also has tremendous redevelopment potential as it is designated in the 'Downtown' zoning in the San Jose 2040 General Plan (buyer to verify). Please note, the current rents reflect 5% increases that will be effective 8/1/21. Offers due by Monday 6/21/21 at 12pm. *Contact Listing Agents for Offering Memorandum and tours by appointment*

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Coin Operated

Building

Water Public

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