Sold

975 Boynton Ave

San Jose CA, 95117

$14,440,000


$422.91 per sqft

Sold

34,144 sqft

Commercial

Built in 1974

oynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential.

ML81921118

MLS ID

March 9, 2023

Listed

September 17, 2024

Updated

Map

975 Boynton Ave
San Jose CA, 95117

Interior Features

Appliances

Dishwasher, Refrigerator


Laundry Description

Coin Operated


Floor Description

Laminate, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1.55 Acres


Sewer

Public Sewer

Other Property Details

Area Name

San Jose


Garage

No


Parking

Covered


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

SJ

Listing History

Date

Event

Price

8/25/2023

Price change

$14,440,000

-18%

8/25/2023

Sold

$14,440,000

Listed by Justin Bautista with Newmark Cornish & Carey
Listing Contact: 650-996-9384 

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