515 San Pedro Street, San Jose

$3,095,000

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0 Bed
0 Bath
.19 Acre
0 Garage

Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in Silicon Valley Proximity to Essential Amenities - 515 N San Pedro St is positioned in close proximity to essential amenities such as grocery stores, healthcare facilities, educational institutions, recreational parks, and cultural attractions. Tenants can readily access these amenities, making their daily routines more convenient and enhancing their overall quality of life. Strong Renter's Market - The subject property benefits from its close proximity to San Jose State University and Downtown San Jose, creating a strong demand and high prices for rental rates. Ease of Access to the Entire Bay Area - 515 N San Pedro benets from its strategic location, providing tenants and residents convenient access to numerous transportation corridors, major employers, and various lifestyle amenities offered around the Bay Area

Essential Information

MLS® #
ML81956116
Price
$3,095,000
Bathrooms
0.00
Acres
0.19
Year Built
1955
Type
Commercial Sale
Status
Active

Community Information

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

Amenities

Parking Spaces
6

Interior

Heating
Wall Furnace

Exterior

Roof
Other

School Information

District
San Jose Unified

Additional Information

Date Listed
March 1st, 2024
Days on Market
60
Zoning
R3

Listing Details

Agent
Michael Henshaw
Office
Marcus & Millichap
Property History
Price Reduced from $3,295,000 to $3,095,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 1st, 2024 at 6:18pm 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.