Boynton Gardens

03-07-2023
03-19-2023

975 Boynton Ave, San Jose, CA 95117

  • List Price: $17,500,000
  • Incredible Unit Mix: (16) 1+1, (32) 2+1
  • Private balconies/patios
  • New exterior paint, dual paned windows
  • Copper plumbing, high efficiency water heater
  • Thermoplastic polyolefin (TPO) roof installed in 2019
  • Majority of units renovated
  • Attractive courtyard with drought tolerant landscaping and bbq area
  • 800 SF office/storage area can be converted to ADU(s)
  • No tuck-under parking, 1.5:1 parking ratio
  • Strong in-place rents with upside potential
  • Ideal 1031 exchange opportunity – Seller is willing to wait
  • Prime Rental Location
    - Convenient to San Tomas Expressway, Highway 280 - Short walk to parks and schools
    - Moments to shopping and local employers
  • Attractive financing available with interest only payment options

Key Property Information

Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
Price
$ 17,500,000
No. of Units
48
Year Built
1974
Building Size
34,144 Sq ft
No. of Stories
2
Opportunity Zone
No
Price per unit
$ 364,583
View broker details
Sign in to use the inquiry form

37.309183, -121.966174

Similar Properties in the area