Description
Situated one mile from Downtown San Jose, 215 Oak Street is situated in the Heart of Silicon Valley which is a strong rental market. The asset features (7) One Bedroom One Bathroom Units and (7) large tuck-under designated parking spaces in an area where parking is limited. The property is also located one block away from Washington Elementary and less than a half mile from Highway 280, Highway 87, and Highway 101 entrances making access simple and convenient. San Jose State University is less than one mile from the property, along with several companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC and Adobe. The property provides its tenants with an on-site coin-operated washer and dryer for the tenants convenience. Most of the tenants are long-term and have month-to-month leases. Five of the seven units are on the second floor and the remaining two on the first floor. The roof is low pitch with asphalt shingle, while the foundation is a concrete perimeter with a crawl space. The electrical panels are up to date and do not require an update.
Property Details
- Acres0.13
Construction Details
- Property TypePurchase
Condition
- Year Built1957
Community and Neighborhood Details
- School DistrictSan Jose Unified
- CountySanta Clara
Financial Details
- Original List Price$2,095,000
- Taxes Annual$23,004
Other
- MLS #ML81967521
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ray Rodriguez (#ML5085267)
Listing Office: Compass (#ML5012166)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
