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1445-1455 Kerley DR San Jose, CA 95112
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Key Details
Sold Price $5,650,000
Property Type Commercial
Sub Type Five or More Units
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
Bedrooms 3
Full Baths 2
Year Built 1959
Lot Size 0.511 Acres
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
Area Central San Jose
Zoning M1
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Exterior
Garage Covered Parking
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 235-02-021
Security Features None
Special Listing Condition Not Applicable
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Bought with Arman Sadigh • Marcus & Millichap