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893 S Almaden Avenue

San Jose, CA 95110
  • $2,100,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: ML81947022
UPDATED: 41 min ago
$2,100,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Information

High School:
School District:
Listing Agent(s): Jatinder Bhullar of Chico And Tamy Realty ((408) 509-3280)


Description

Chico and Tamy Realty are pleased to present 893 S. Almaden Ave. This is an exceptional investment opportunity in the heart of San Jose. Situated in close proximity to major freeways and beautiful Downtown San Jose. This property is comprised of two buildings. The first is a two story 4plex at the rear with significant upside for increased rents. The second is a commercial retail building with 2 units. The commercial units is a laundromat and a restaurant. The Commercial tenants would like to like to stay long term. They are 2 years into a 5 year term and have 1/5 year option left.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-08T11:29:17.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/144993304
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893 S Almaden Avenue San Jose, CA 95110

  • Price: $2,100,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 41 min ago
  • ID#: ML81947022
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1920
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
High School:
Willow Glen
School District:
San Jose Unified
Property Description
Chico and Tamy Realty are pleased to present 893 S. Almaden Ave. This is an exceptional investment opportunity in the heart of San Jose. Situated in close proximity to major freeways and beautiful Downtown San Jose. This property is comprised of two buildings. The first is a two story 4plex at the rear with significant upside for increased rents. The second is a commercial retail building with 2 units. The commercial units is a laundromat and a restaurant. The Commercial tenants would like to like to stay long term. They are 2 years into a 5 year term and have 1/5 year option left.
Exterior Features

Carport Spaces 0 Parking Total 5 Roof Composition

Interior Features

Cooling None Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Gross Scheduled Income 151716 Insurance Expense 3200 Listing Agreement Exclusive Right To Sell Maintenance Expense 3600 Other Expense 500 Special Listing Conditions Standard Tax Annual Amount 22344 Trash Expense 3360 Water Source Public Zoning C2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-08T11:29:17.23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Jatinder Bhullar of Chico And Tamy Realty ((408) 509-3280)