215 Oak Street, San Jose

$2,095,000

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0 Bed
0 Bath
.13 Acre
0 Garage

850k loan amount at 3 percent through 2026! 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 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 are 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.

Essential Information

MLS® #
ML81948751
Price
$2,095,000
Bathrooms
0.00
Acres
0.13
Year Built
1957
Type
Commercial Sale
Status
Active

Community Information

Address
215 Oak Street
Area
699 - Not Defined
City
San Jose
County
Santa Clara
Zip Code
95110
Senior Community
N

Interior

Heating
Wall Furnace

Exterior

Roof
Flat, Shingle

School Information

District
San Jose Unified

Additional Information

Date Listed
November 28th, 2023
Days on Market
155
Zoning
C2

Listing Details

Agent
Ray Rodriguez
Office
Compass

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 6:10am PDT. 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.