3047 David Avenue, San Jose, CA 95128

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List Price
$3,580,000
Price Change
▼ $40,000 1785900721
Status
ACTIVE
MLS#
ML82042695
Year Built
1958
Lot Size
13,200
Acres
0.30
Days on Market
168
Property Type
Commercial

Property Description

$255K Per unit // Bordering Campbell // 14-Units near Marijane Park // Residential Street. 3061 David Ave ALSO FOR SALE NEXTDOOR (6-units). 3047 David Avenue, a 14-unit multifamily property in San Jose, California. Built in 1958, the property sits on a 13,200 square foot parcel and includes approximately 8,076 square feet of rentable space.The unit mix consists of ten one-bedroom/one-bath units and four two-bedroom/one-bath units, offering an efficient layout that appeals to a wide tenant base. The garden-style design allows for easy management and has historically supported strong occupancy. The property is ideally located between Historic Downtown Campbell and Santana Row, with convenient access to dining, retail, and entertainment. It is also within 35 miles of major tech employers, including Adobe, eBay, PayPal, Zoom, Western Digital, and Nutanix. The location also offers excellent connectivity via Highways 280, 880, and 17, further supporting strong tenant demand.

Additional Information

Taxes
$51,982
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Roof
Composition, Shingle
Water
Public
School District
Other
Elementary School
Other
Middle School
Monroe
High School
Del Mar
Attached Structure
Detached
Number Of Units Total
14
Gross Scheduled Income
$285,924

Listing courtesy of Listing Agent: Jimmy Castellanos (jimmy.castellanos@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.