1360 Palm St in Downtown San Jose presents an enticing value-add opportunity with an in-place 6% cap rate. Investors have the potential to enhance the property's value and maximize returns. The property's cap rate provides a strong foundation for growth, making it an attractive choice for investors seeking an attractive investment in the thriving San Jose market. Don't miss the chance to capitalize on the property's potential and achieve long-term cash flow.
Sold for $2,165,000
$2,165,000
Palm Sanjose, San Jose, CA 95110
1beds
1baths
5,540sqft
Five Or More Units, Residential Income
Built in 1951
-- sqft lot
$2,087,500 Zestimate®
$391/sqft
$2,201 Estimated rent
Home value
$2,087,500
$1.90M - $2.30M
$2,201/mo
Zestimate® history
Owner options
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$2,201/mo
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$2,201/mo
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$13,668/mo
Est. payment
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$13,668/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Amit Urban 01998926 650-282-0477,
BellStreet Inc. 408-444-7445
Bought with:
Amit Urban, 01998926
BellStreet, Inc
Source: MLSListings Inc,MLS#: ML81987420
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Wall Furnace
Cooling
- Other
Features
- Doors: Other
Interior area
- Total structure area: 5,540
- Total interior livable area: 5,540 sqft
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Carport, Covered, Off Street
- Has carport: Yes
Accessibility
- Accessibility features: Other
Lot
- Size: 0.27 Acres
Details
- Parcel number: 43412090
- Zoning: C2H
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Crawl Space
- Roof: Other
Condition
- Year built: 1951
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
HOA
- Amenities included: Other
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $391/sqft
- Date on market: 11/25/2024
- Listing agreement: ExclusiveRightToSell
- Inclusions: Other
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2025 | Sold | $2,165,000-19.8%$391/sqft |
Source:  MLSListings Inc #ML81987420 Report a problem | ||
| 1/6/2025 | Contingent | $2,700,000$487/sqft |
Source: MLSListings Inc #ML81987420 Report a problem | ||
| 11/25/2024 | Listed for sale | $2,700,000$487/sqft |
Source: MLSListings Inc #ML81987420 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 6/10Walter L. Bachrodt Elementary SchoolGrades: K-5Distance: 1.2 mi
- 4/10Herbert Hoover Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Abraham Lincoln High SchoolGrades: 9-12Distance: 1.5 mi
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
$2,087,500
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
$2,087,500
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