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Sold for $14,440,000
  • $14,440,000

    Boynton Ave, San Jose, CA 95117

    3beds
    --baths
    34,144sqft
    Five Or More Units, Residential Income
    Built in 1974
    -- sqft lot
    $6,925,700 Zestimate®
    $423/sqft
    $3,344 Estimated rent

    Home value

    $6,925,700

    $5.06M - $9.21M

    $3,344/mo

    Zestimate® history
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    $3,344/mo

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    $92,748/mo

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    What's special

    oynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Bautista 01268331 650-996-9384,

    Newmark Cornish & Carey 408-727-9600

    Bought with:

    , 01268331

    Newmark Cornish & Carey

    Source: MLSListings Inc,MLS#: ML81921118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Washer/Dryer
    • Laundry: Coin Operated
    Features
    • Flooring: Carpet, Laminate, Tile, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 34,144
    • Total interior livable area: 34,144 sqft

    Property

    Parking
    • Total spaces: 23
    • Parking features: Carport, Covered
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 1.55 Acres
    Details
    • Parcel number: 29932077
    • Zoning: SJ
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Slab
    • Roof: Polyurethane
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Public

    Community & HOA

    HOA
    • Amenities included: Barbecue Area
    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $423/sqft
    • Date on market: 3/9/2023
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: OvenRangeAllUnits
    • Lease term: Month To Month

    Price history

    DateEventPrice
    8/25/2023Sold$14,440,000$423/sqft
    Source: MLSListings Inc #ML81921118 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West San Jose

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: MorelandElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $6,925,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,925,700