$5,650,000
$5,825,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
0.51 Acres Lot
SOLD DATE : 11/12/2024
Key Details
Sold Price $5,650,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81975062
Sold Date 11/12/24
HOA Y/N No
Year Built 1959
Annual Tax Amount $76,339
Lot Size 0.511 Acres
Property Description
1445-1455 Kerley Drive comprises 12 one-bedroom, one-bathroom units and 8 two-bedroom, one-bathroom units. Extensive renovations, including new electrical panels, ensure safety and efficiency, eliminating the burden of immediate upfront costs for a new investor. A unique feature is the property's division into two separate Assessor's Parcel Numbers (APNs), offering flexibility for investors. Whether acquiring the entire 20-unit complex or opting to split it into two 10-unit properties, this choice enhances resale potential and caters to various investment strategies. Detailed marketing package available upon request.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning M1
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Carport Spaces 20
Roof Type Flat
Schools
School District San Jose Unified
Others
Tax ID 23502021
Financing Conventional
Special Listing Condition Standard
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Bought with Arman Sadigh • Marcus & Millichap