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.
Property Details
Price:
$1,995,000
MLS #:
ML81967521
Status:
Active
Baths:
0
Address:
215 Oak Street
Type:
Commercial
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
May 29, 2024
State:
CA
ZIP:
95110
Year Built:
1957
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Spots
0.00
Roof
Flat
Financial
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215 Oak Street
San Jose, CA
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