For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,760,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $690
MLS Listing ID ML81955541
Sold Date 03/07/24
HOA Y/N No
Year Built 1905
Annual Tax Amount $25,988
Lot Size 0.331 Acres
Property Description
**FIXER UPPER/CONTRACTOR'S SPECIAL/DEVELOPMENT OPPORTUNITY**Located in the central Rose Garden neighborhood of San Jose, 946 University Avenue is a unique opportunity to acquire a vacant 4 unit complex on a sizeable 14,600 square foot lot. The property currently features a unit mix of (3) 1 BR 1 BA and (1) 2 BR 1 BA which makes it an ideal value add investment property. Additionally plans for a larger duplex and two detached ADUs are currently under review which provide an additional option. The propertys convenient location provides easy access to I-880, essential retailers, and popular points of interest such as Paypal Park, The SAP Center, and SJC Mineta Airport. The propertys location, development potential and local market strength make it ideal for investors seeking a value add opportunity or for owner/users interested in developing their own family compound.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R2
Interior
Cooling None
Flooring Carpet
Fireplace No
Exterior
Garage Off Street
View Y/N No
Roof Type Shingle
Accessibility None
Parking Type Off Street
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District San Jose Unified
Others
Tax ID 26112032
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kyle De Mattei • Magnify Real Estate
GET MORE INFORMATION