**FIXER UPPER/CONTRACTOR'S SPECIAL/DEVELOPMENT OPPORTUNITY**Located in the central Rose Garden neighborhood of San Jose, 946 University Avenue is a unique opportunity to acquire a vacant 4 unit complex on a sizeable 14,600 square foot lot. The property currently features a unit mix of (3) 1 BR 1 BA and (1) 2 BR 1 BA which makes it an ideal value add investment property. Additionally plans for a larger duplex and two detached ADUs are currently under review which provide an additional option.
The propertys convenient location provides easy access to I-880, essential retailers, and popular points of interest such as Paypal Park, The SAP Center, and SJC Mineta Airport.
The propertys location, development potential and local market strength make it ideal for investors seeking a value add opportunity or for owner/users interested in developing their own family compound.
Sold for $1,760,000 on 03/07/24
$1,760,000
946 University Ave, San Jose, CA 95126
5beds
2baths
2,548sqft
MultiFamily
Built in 1905
-- sqft lot
$1,753,800 Zestimate®
$691/sqft
$4,253 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 07, 2024 at 08:59am
Listed by:
Theodore Wong 02016737 650-228-9930,
Compass,
Sam Jalili 02053100 408-316-2157,
Compass
Bought with:
Kyle De Mattei, 02146792
Magnify Real Estate
Source: MLSListings Inc,MLS#: ML81955541

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Other
Cooling
- None
Features
- Flooring: Carpet
- Doors: None
Interior area
- Total structure area: 2,548
- Total interior livable area: 2,548 sqft
Property
Parking
- Parking features: Off Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.33 Acres
Details
- Parcel number: 26112032
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: MultiFamily
Materials
- Foundation: Wood Frame
- Roof: Wood
Condition
- Year built: 1905
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
Community & neighborhood
Location
- Region: San Jose
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Services availability
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Estimated market value
$1,753,800