Bought with Anthony Christen • Coldwell Banker Realty
$2,400,000
$2,495,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
405 S Buena Vista AVE San Jose, CA 95126
7 Beds
5 Baths
6,500 SqFt
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $369
MLS Listing ID ML82026638
Bedrooms 7
Full Baths 5
Year Built 1940
Lot Size 0.590 Acres
Property Sub-Type Five or More Units
Property Description
Golden Investment Opportunity in Bascom Forest Estate Sale. Introducing a rare chance to acquire a 9-unit residential property in the highly sought-after Bascom Forest neighborhood. Situated on a 25,700 sq. ft. lot, this estate sale presents tremendous value-add potential and flexibility for expansion or redevelopment. The property features five separate buildings with nine total units, offering an ideal layout for residents and future planning. On-site parking includes 8 garage spots and 7 open stalls, a rare and attractive amenity in this area. Zoned for up to 17 units, investors can unlock substantial upside through expansion, renovation, or repositioning. Current rents are well below market, providing immediate potential for income growth. This is a prime investment opportunity with solid fundamentals, multiple exit strategies, and exceptional long-term appreciation potential in one of the regions most desirable locations.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R3
Interior
Heating Forced Air, Wall Furnace
Cooling None
Flooring Carpet, Hardwood, Laminate, Vinyl / Linoleum
Exterior
Parking Features Attached Garage, Detached Garage
Garage Spaces 8.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Bitumen,Composition
Building
Foundation Concrete Perimeter and Slab, Concrete Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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