San Jose, CA 95126,946 University AVE
San Jose, CA 95126,946 University AVE
San Jose, CA 95126,946 University AVE
$1,760,000
Est. payment /mo
$1,895,000
7.1%
Est.Price: ?

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2,548 SqFt
SOLD DATE : 03/07/2024

Key Details

Sold Price $1,760,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $690

MLS Listing ID ML81955541

Sold Date 03/07/24

HOA Y/N No

Year Built 1905

Annual Tax Amount $25,988

Lot Size 0.331 Acres

Property Description

**FIXER UPPER/CONTRACTOR'S SPECIAL/DEVELOPMENT OPPORTUNITY**Located in the central Rose Garden neighborhood of San Jose, 946 University Avenue is a unique opportunity to acquire a vacant 4 unit complex on a sizeable 14,600 square foot lot. The property currently features a unit mix of (3) 1 BR 1 BA and (1) 2 BR 1 BA which makes it an ideal value add investment property. Additionally plans for a larger duplex and two detached ADUs are currently under review which provide an additional option. The propertys convenient location provides easy access to I-880, essential retailers, and popular points of interest such as Paypal Park, The SAP Center, and SJC Mineta Airport. The propertys location, development potential and local market strength make it ideal for investors seeking a value add opportunity or for owner/users interested in developing their own family compound.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R2

Interior

Cooling None

Flooring Carpet

Fireplace No

Exterior

Garage Off Street

View Y/N No

Roof Type Shingle

Accessibility None

Parking Type Off Street

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District San Jose Unified

Others

Tax ID 26112032

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Theodore Wong • Compass
Bought with Kyle De Mattei • Magnify Real Estate

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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