$14,440,000Sold Price
34,144 Sqft
67,415 Sqft

975 Boynton Ave, San Jose CA 95117

  • Commercial Sale Property Type
  • 1974 Year Built
Property Description

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.

Basic Details
Commercial Sale
Other
Sold
ML81921118
$17,500,000
74
34,144 Sqft
1974
67,415 Sqft
1.55 Acre
Closed
Features
: Electric
: None
Public Sewer
: Dishwasher, Refrigerator
: Laminate, Tile
: Coin Operated
: Covered
Address Map
CA
Santa Clara
San Jose
95117
Boynton Ave
975
W122° 6' 33.9''
N37° 20' 10.2''
SJ
Additional Info
Newmark Cornish & Carey
Justin Bautista
justin.bautista@nmrk.com
Sold
Public
For Sale
Price History
08/25/2023
$14,440,000
03/09/2023
$17,500,000
$0
Listing Information
2023-08-25T23:17:39Z
BayEast
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    Agent info
    Realty++
    Seshu Tirumalashetty
    Realty++
    Subhash Kapur
    Realty++
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    Mallik@rRealtyplusplus.com (510) 299-6629