San Jose, CA 95125,1183 Bird AVE
San Jose, CA 95125,1183 Bird AVE
San Jose, CA 95125,1183 Bird AVE
San Jose, CA 95125,1183 Bird AVE
San Jose, CA 95125,1183 Bird AVE
San Jose, CA 95125,1183 Bird AVE
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$2,900,000

$2,680,000

8.2%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

5,846 SqFt


SOLD DATE : 11/12/2024

Key Details

Sold Price $2,900,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,846 sqft

Price per Sqft $496

MLS Listing ID ML81979859

Sold Date 11/12/24

Bedrooms 3

Full Baths 2

Year Built 1964

Lot Size 10,019 Sqft

Property Description

Jimmy Castellanos is pleased to present 1183 Bird Avenue, located in the highly desirable Willow Glen neighborhood of San Jose. 1183 Bird Avenue offers a solid investment opportunity due to its location, appreciation potential, reliable income, and low vacancy. Built in 1964 by the original and current owner, the property consists of nine one-bedroom units and one two-bedroom unit, with a total of 5,846 rentable square feet on a 0.23-acre lot. The property's consistent upkeep and minimal vacancy make it a reliable income-generating asset. Willow Glen is one of San Jose's most sought-after neighborhoods, known for its strong market demand and community appeal. With a median home price of $1,852,000 year-to-date (according to Zillow), the area highlights the value proposition of this multifamily property, which is priced well below $300,000 per unit. This significant price difference offers a strategic advantage for investors, providing both affordability and the potential for appreciation in a high-demand market.

Location

State CA

County Santa Clara

Area Willow Glen

Building/Complex Name Bird Ave Apartments

Zoning RM

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Exterior

Garage Assigned Spaces, Carport

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 429-01-044

Security Features None

Special Listing Condition Not Applicable

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MLSListings Inc. (MLSListings)
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with Jimmy Castellanos • Marcus & Millichap
agent-avatar

+1(415) 902-6945

richard.e.siaw@gmail.com

1205 Auto Park Way, Escondido, CA, 92029

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