2970 Magliocco Drive, San Jose, CA 95128

$4,410,000 Approx. USD 0 beds, 0 baths

New Listing Open House 5/8 11:00 AM - 1:00 PM

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Marketed By The Keaty Team

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Agent Remarks

2970 Magliocco Dr is an exceptional 18-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,285 square feet, the subject property was originally constructed in 1962 and has a gross building area of approximately 8,072 square feet, offering its tenants beautifully designed two-bedroom and studio floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime West San Jose location featuring convenient access to Downtown San Jose (7 miles) and Santana Row (2 miles) home to a myriad of high-end shopping, dining and entertainment options. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 2970 Magliocco Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Listing Details

Property type: (Commercial)

Status: Active

MLS# ML82004853

Price: $4,410,000

HOA Fee is $0.00

Built in 1962

0.28 acres

Lot size: 0.2820

County: Santa Clara

Zoning: R3H

Heating description: Wall Furnace