








Property Attributes
- MLS#ML81827475
- TypeContingent
- CountySANTA CLARA
- CitySan Jose
- AreaCampbell
- Zip95128
- Style
- Price$ 3,995,000
- Bedrooms3
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7927
- Lot Size11,421 SqFt
Listing Provided Courtesy Of:
Justin Bautista with Newmark Cornish & Carey.
Data Source:
MLS Listings
Property Description
Attractive court-yard style complex, walking distance to Santana Row. Value-add opportunity. Rents are well-below market. Tremendous upside potential. Market GRM: 13.57 and Market Cap Rate: 5.12%. Dual paned windows, well-maintained. Neighboring 24-unit building located on adjacent street (2991-3001 Magliocco Drive) also available for sale. Great opportunity to acquire 36 units on 3 separate parcels. Outstanding fixed financing available.
Price History | |
---|---|
1/28/2021 | Listed $3,995,000 |
General Features
# of Buildings | 1 |
---|---|
Accessibility | None |
Age | 60 |
Association Amenities | Common Utility Room, Community Security Gate |
City | SAN JOSE |
City Limits (y/n) | Yes |
Complex Name Text | Villa Genoa |
Cooling | None |
County | Santa Clara |
Heating | Gas, Wall Furnace |
Listing Agent State License | 01268331 |
MLS Area | Campbell |
Parking Features | Carport, Covered Parking |
Property SubType | Five or More Units |
Property Type | Commercial Multi-Residential (5+ units) |
Restrictions | None |
Roof | Composition, Shingle |
Security Features | None |
Special Listing Conditions | Not Applicable |
Status | Contingent |
Utilities | Individual Electric Meters, Individual Gas Meters |
Water | Public |
Year Built | 1961 |
Zoning Text | RM |
Interior Features
Laundry Features | Coin Operated |
---|---|
Living Sqft | 7927 |
Unit 1 Rent | 1093 |
Unit 2 Number Of Bedrooms | 2 |
Exterior Features
Building Area Total | 7927 |
---|---|
Foundation Details | Concrete Perimeter and Slab |
Lot Acres | 0.2622 |
Lot Size Area | 11423.00 |
Lot Size Units | Square Feet |
Maximum Lot Size | 11423.00 |
Meters | Master Water, Separate Electric, Separate Gas |
Sewer/Septic | Sewer - Public, Sewer in Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool