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Sold for $5,650,000
  • $5,650,000

    Kerley Sanjose, San Jose, CA 95112

    3beds
    2baths
    12,480sqft
    Five Or More Units, Residential Income
    Built in 1959
    -- sqft lot
    $5,404,300 Zestimate®
    $453/sqft
    $2,796 Estimated rent

    Home value

    $5,404,300

    $4.65M - $6.27M

    $2,796/mo

    Zestimate® history
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    $2,796/mo

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    $2,796/mo

    Rent Zestimate®

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    $36,561/mo

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    $36,561/mo

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    What's special

    1445-1455 Kerley Drive comprises 12 one-bedroom, one-bathroom units and 8 two-bedroom, one-bathroom units. Extensive renovations, including new electrical panels, ensure safety and efficiency, eliminating the burden of immediate upfront costs for a new investor. A unique feature is the property's division into two separate Assessor's Parcel Numbers (APNs), offering flexibility for investors. Whether acquiring the entire 20-unit complex or opting to split it into two 10-unit properties, this choice enhances resale potential and caters to various investment strategies. Detailed marketing package available upon request.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mitchell Zurich 01870648 408-888-9594,

    Marcus & Millichap 650-391-1700,

    Jimmy Castellanos 02024152 408-483-5040

    Bought with:

    Arman Sadigh, 02191036

    Marcus & Millichap

    Robert Johnston, 01853816

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML81975062MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Features
    • Doors: None
    Interior area
    • Total structure area: 12,480
    • Total interior livable area: 12,480 sqft

    Property

    Parking
    • Parking features: Covered
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 0.51 Acres
    Details
    • Parcel number: 23502021
    • Zoning: M1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Flat
    Condition
    • Year built: 1959

    Utilities & green energy

    • Gas: IndividualGasMeters

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $453/sqft
    • Date on market: 7/31/2024
    • Listing agreement: ExclusiveRightToSell
    • Lease term: 12 Months

    Price history

    DateEventPrice
    11/12/2024Sold$5,650,000-3%$453/sqft
    Source: MLSListings Inc #ML81975062 Report a problem
    9/8/2024Pending sale$5,825,000$467/sqft
    Source: MLSListings Inc #ML81975062 Report a problem
    8/22/2024Contingent$5,825,000$467/sqft
    Source: MLSListings Inc #ML81975062 Report a problem
    7/31/2024Listed for sale$5,825,000$467/sqft
    Source: MLSListings Inc #ML81975062 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

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

    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
    $5,404,300
    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
    $5,404,300