List Search

3047 David Ave
San Jose, CA 95128 David-Rosemary

$3,700,000 USD

Apartments For Sale  •  8,076 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,076 SF
  • Lot Size 0.3 AC
  • Building Class C
  • Year Built 1958
  • Zoning R3, San Jose
40 Transit Score
70 Walk Score

Highlights

PRIME WEST SAN JOSE LOCATION
POSITIONED BETWEEN SANTANA ROW & HISTORIC DOWNTOWN CAMPBELL
DESIRABLE UNIT MIX 10 One-Bedroom & 4 Two-Bedroom Units
SIGNIFICANT RENTAL UPSIDE Approximately 30% Below Market Rents
THE PROPERTY OFFERS A CURRENT CAP RATE EXCEEDING 4.00%, WITH A PRO FORMA CAP RATE PROJECTED ABOVE 7.00%
EXCELLENT ACCESS TO HIGHWAYS 280, 880 & 17

Amenities

  • Laundry Facilities
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
San Jose (Capitol Corridor - Capitol Corridor Joint Powers Authority) 9 min - 5.0 mi
San Jose Diridon Caltrain Station Southbound (Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain), South Santa Clara County Connector - Caltrain (Caltrain)) 9 min - 5.1 mi
Transit/SubwayDriveWalkDistance
Hamilton Station (Old Ironsides - Winchester - VTA, Old Ironsides - Winchester Modified-S - VTA) 2 min 20 min 1.1 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 12 min - 7.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Jimmy Castellanos 408-483-5040 Marcus & Millichap
Jimmy Castellanos 408-483-5040 Marcus & Millichap