oynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential.
Sold for $14,440,000 on 08/25/23
$14,440,000
Boynton Ave, San Jose, CA 95117
--beds
--baths
34,144sqft
Five Or More Units, Residential Income
Built in 1974
-- sqft lot
$7,322,300 Zestimate®
$423/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:22am
Listed by:
Justin Bautista 01268331 650-996-9384,
Newmark Cornish & Carey 408-727-9600
Bought with:
, 01268331
Newmark Cornish & Carey
Source: MLSListings Inc,MLS#: ML81921118
Facts & features
Interior
Heating
- Electric
Cooling
- None
Appliances
- Included: Washer/Dryer
- Laundry: Coin Operated
Features
- Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 34,144
- Total interior livable area: 34,144 sqft
Property
Parking
- Total spaces: 23
- Parking features: Carport, Covered
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 1.55 Acres
Details
- Parcel number: 29932077
- Zoning: SJ
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Slab
- Roof: Polyurethane
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: San Jose
Other
Other facts
- Listing agreement: ExclusiveRightToSell
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Estimated market value
$7,322,300