San Jose, CA 95112,1445-1455 Kerley Drive

$5,650,000

$5,825,000

3.0%
Est.Price: ?

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Est. payment /mo

12,480 SqFt


SOLD DATE : 11/12/2024

Key Details

Sold Price $5,650,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 12,480 sqft

Price per Sqft $452

MLS Listing ID ML81975062

Sold Date 11/12/24

HOA Y/N No

Year Built 1959

Lot Size 0.511 Acres

Acres 0.51

Property Sub-Type Other

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

Zoning M1

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 23502021

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Bridge MLS
Listed by Mitchell Zurich • Marcus & Millichap
Bought with ArmanSadigh

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agent
Roland Osage

Agent | License ID: 02055089

+1(925) 206-9799

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