1139 N 3rd St - Apartments FOR SALE


San Jose, CA 95112
$2,388,000 USD
1139 N 3rd St, San Jose, CA for Sale
$2,388,000 USD
Apartments - FOR SALE
1/24
null | 3.64% Cap Rate

1139 N 3rd St
San Jose, CA 95112


HIGHLIGHTS

  • Additional 600sqft artist studio
  • Private outdoor space for each unit
  • Community garden
  • Quick access to major freeways
  • Sun-lit interior
  • Landscaped courtyard

OVERVIEW

Sprawled across two APNs, 1137 N 3rd St offers an incredible investment opportunity with a 2-story home, 3 ADUs, and a versatile carriage house/artist studio with endless possibilities. The main home beckons you into its sun-lit interior from the quiet, tree-lined street. Charming built-ins and a fireplace adorn the formal living room, while endless cabinetry and a full suite of appliances complete the kitchen. French doors reveal a massive secondary living room, ideal for hosting and entertaining. A half bath and laundry area are conveniently located on the entry level, while upstairs resides 3BR/2BA. A paver-lined patio and pathing guide you through the gorgeously landscaped courtyard, which connects each standalone unit encompassed by gates and garden vignettes, adding to their remarkable privacy. Desirably located, revel in proximity to Downtown San Jose's local eateries and shopping, while nearby SJC and HWYs 880 and 87 make commuting and travel effortless.

FOR SALE DETAILS

PRICE

$2,388,000 USD

PRICE/SF

$591 USD /SF

# OF UNITS

5

PRICE/UNIT

$477,600

CAP RATE

3.64%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1137 N 3rd St San Jose

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R2

APN/PARCEL ID

235-06-017

ASK ABOUT THIS PROPERTY

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