1451 N 1st Street, San Jose, CA, CA 95112

$1,575,000

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List Price
$1,575,000
Status
ACTIVE
MLS#
ML82054937
County
Santa Clara
Zoning
SJ
Year Built
1953
Square Feet
3,175
Lot Size (acres)
0.1268
Days on Market
8
Property Type
Commercial

Property Description

1451 N 1st St is a centrally located 5-unit multifamily investment opportunity in the prosperous city of San Jose, California. Situated on a parcel of land totaling 5,522 square feet, the subject property was originally constructed in 1953 and features a gross building area of approximately 3,175 square feet, offering tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. The unit interiors have been updated with dual-pane windows, upgraded electrical panels, and individual water heaters. Select units feature vinyl plank flooring, granite countertops, and stainless steel appliances. Additionally, tenants enjoy convenient community amenities such as private covered carport parking and an on-site laundry facility. 1451 N 1st St sits near Downtown San Jose and the Target-anchored San Jose Market Center, both of which are home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California, serving millions of passengers every year to both domestic and international destinations.

Additional Information

Taxes
$26,100
Parcel Number
23030108
Gross Scheduled Income
$133,780
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition
Water
Public
School District
San Jose Unified

Listing courtesy of Listing Agent: Andres Lopez (andres.lopez@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.