2643 S Bascom Ave San Jose CA, 95124 

Listing ID: ML81887059
Sold For: $10,200,000
Status: Sold
Sold Date: 6/21/2022
Address: 2643 S Bascom Ave
City: San Jose
State: California
Postal Code: 95124
SqFt: 20,270
Acres: 1.217
County: Santa Clara
San Jose
CA
95124
40 apartment units in a good City of San Jose location adjacent to the border of the City of Campbell. Unit Mix: (40) 1 Bedroom 1 Bath Units. Improvements consist of 3 two story buildings containing 40 apartment units and a fourth single story building containing the common laundry room, owner storage room and water heater room spread out over a large parcel of land with approx. 58 parking spaces. Same family ownership for many years. Significant rent upside potential. Adjacent to quality single family homes and townhomes, across the street from Lunardi's Market and Walgreens. Close proximity to The Pruneyard Shopping Center, Downtown Campbell, Campbell Park and the Los Gatos Creek Trail. Easy access to large Tech and Health Care Employers including eBay HQ, Netflix HQ, Good Samaritan Hospital & El Camino Hospital Los Gatos. Stated rent for resident manager and est. rent of $1,695/Month for the 1 vacant unit was included in the annual rental income shown but not in the rent range shown

Primary Features

Number of Buildings: 4
Structure SqFt: 20270
Structure SqFt Source: Assessor
Parcel Number: 412-41-035
Status: Sold
Property Type: Commercial Multi-Family
Property Sub Type: Five or More Units
Year Built: 1963
Age: 59
Zoning: CP, R-1

Additional Information

Additional Listing Info: Not Applicable
Amenities Miscellaneous: None
Foundation: Concrete Slab
Sewer Septic: Sewer - Public
Water: Public
Meters: Master Water, Separate Electric, Separate Gas
Complex Name: Bascom Arms
Minimum Lot Size: 53025
Maximum Lot Size: 53025
Acres: 1.217

Interior Features

Unit 1 Number of Bedrooms: 1
Unit Type 1 Approximate SqFt: 470
Laundry: Coin Operated
Heating: Wall Furnace
Cooling: Other

External Features

Garage Parking Features: Uncovered Parking
HOA Amenities: Common Utility Room
Roof: Bitumen, Flat / Low Pitch, Tar and Gravel

Location Information

County: Santa Clara
City: San Jose
State: California
Postal Code: 95124
Area: Cambrian
Area ID: 14
City Limits: yes
Cross Street: Union Avenue

Financial Details

Listing Price: $10,000,000
Unit 1 Rent: 1145
Sold Date: 2022-06-21T00:00:00+00:00
Sold Price: $10,200,000

Zoning Info


Area Info


© 2024 MLSListings Inc. All rights reserved. Based on information from the MLSListings MLS as of Friday, March 29th, 2024 02:23:14 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties may or may not be listed by the office/agent presenting the information.
#IDX-primaryPhoto,#idx-details-header Listed by: Keith Suddjian from Cornish & Carey Commercial 415-699-2888

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