215 Oak Street

San Jose, CA 95110

PRICE REDUCED

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-$100,000 (-4.77%)

$1,995,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1957

calendar_month Built

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.

Listing Information

List Price $1,995,000
Status Active
MLS ML81967521
HOA $0
Type Commercial
Year Built 1957
Lot Size 5,663
Structure Size N/A
DOM 276
Courtesy Of Compass
Listing Agent Ray Rodriguez DRE#01999734
Co-Listing Agent Tony Zizzo DRE#01962093

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Ray Rodriguez, Tony Zizzo, Compass . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 6th, 2024 at 6:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.