215 Oak ST Active

San Jose,CA 95110

$ 1995000

- Bed

0 Bath

4395 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,395 sqft

Price per Sqft $453

MLS Listing ID ML81967521

HOA Y/N No

Year Built 1957

Annual Tax Amount $23,004

Lot Size 5,662 Sqft

Acres 0.13

Property Description

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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning C2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 7

Roof Type Flat

Schools

School District San Jose Unified

Others

Tax ID 26438017

Special Listing Condition Standard

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