215 Oak ST Active

San Jose,CA 95110

$ 1995000

1 Bed

1 Bath

4395 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,395 sqft

Price per Sqft $453

MLS Listing ID ML81967521

Bedrooms 1

Full Baths 1

Year Built 1957

Lot Size 5,663 Sqft

Property Description

Situated one mile from Downtown San Jose, 215 Oak Street is situated in the Heart of Silicon Valley which is a strong rental market. The asset features (7) One Bedroom One Bathroom Units and (7) large tuck-under designated parking spaces in an area where parking is limited. The property is also located one block away from Washington Elementary and less than a half mile from Highway 280, Highway 87, and Highway 101 entrances making access simple and convenient. San Jose State University is less than one mile from the property, along with several companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC and Adobe. The property provides its tenants with an on-site coin-operated washer and dryer for the tenants convenience. Most of the tenants are long-term and have month-to-month leases. Five of the seven units are on the second floor and the remaining two on the first floor. The roof is low pitch with asphalt shingle, while the foundation is a concrete perimeter with a crawl space. The electrical panels are up to date and do not require an update.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning C2

Interior

Heating Wall Furnace

Cooling Other

Exterior

Garage Carport

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Private

Water Private / Mutual

Others

Special Listing Condition Not Applicable

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