975 Boynton AVE

SAN JOSE, CA, 95117

$19,500,000

$571 per ft²
$19,500,000
$571 per ft²
Active
Active
 - For Sale
carpenters-square
34,144 ft²
property_type
Commercial
calendar
Built 1974
Boynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment offering features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large private balconies/patios. The property underwent a full exterior renovation with a contemporary paint scheme, dual paned windows, bbq & lounge 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 unique investment offering is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can easily be converted into (2) studio ADUs. The offering memorandum includes a proposed layout for these ADUs. The ideal rental location is convenient to Highway 280, San Tomas Expressway, shopping, schools, parks and employers.
MLS® ID:
ML81895567
Updated:
8/13/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated, Washer / Dryer
Floor Description
Carpet, Laminate, Tile, Vinyl / Linoleum
Cooling
None
Heating
Electric

Exterior/Building Features

Lot Size
1.55 acres lot
Roof
Polyurethane
Sewer
Sewer - Public, Sewer Connected

Other Property Details

Area Name
15
HOA Amenities
BBQ Area, Common Utility Room
Garage
Yes
Parking
Carport, Covered Parking, Uncovered Parking
Parking Total
24.0
View
Y
County
Santa Clara
Utilities
Individual Electric Meters
Water Source
Public
Pool
Yes
Zoning
SJ

 

Courtesy of Justin Bautista, Newmark Cornish & Carey

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Data last updated 10:48 AM UTC, 8/13/22

 

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