975 Boynton Ave, San Jose, CA 95117
- $17,500,000
- 34,144
- SqFt
- List Price
- $17,500,000
- Closing Date
- Aug 22, 2023
- MLS#
- ML81921118
- Status
- CONTINGENT
- Property Type
- com
- Sqft. of Residence
- 34,144
- Lot Size
- 67,415
- Listing Area
- Campbell
- Year Built
- 1974
Property Description
oynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential.
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Additional Information
- Acres
- 1.55
- Age
- 49
- Building Name
- Boynton Gardens
- Cooling System
- None
- Floor Covering
- Carpet, Laminate, Tile, Vinyl / Linoleum
- Foundation
- Concrete Slab
- Garage Parking
- Carport, Covered Parking, Uncovered Parking
- Heating System
- Electric
- Laundry Facilities
- Coin Operated, Washer / Dryer
- Living Area
- 34,144
- Lot Size
- 67,415
- Neighborhood
- Campbell
- Other Utilities
- Individual Electric Meters
- Roof
- Polyurethane
- Sewer
- Sewer - Public, Sewer Connected
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- SJ
Mortgage Calculator
Listing courtesy of Justin Bautista from Newmark Cornish & Carey. 650-996-9384
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