1360 Palm Street
1360 Palm Street
$2,800,000
—
5,540
5,540
$505
Description
Magnify Real Estate is pleased to exclusively present the opportunity to acquire 1360 Palm St, a ten (10) unit value-add investment located in San Jose. Constructed in 1951, the property comprises 10 spacious one-bedroom/one-bath units, totaling 5,540 square feet of building space on an expansive lot of 11,832 square feet. It features dual pane windows, a common area courtyard, carports, and select units offering ensuite washer/dryers or hook-ups. This investment has the potential to add washer &...Magnify Real Estate is pleased to exclusively present the opportunity to acquire 1360 Palm St, a ten (10) unit value-add investment located in San Jose. Constructed in 1951, the property comprises 10 spacious one-bedroom/one-bath units, totaling 5,540 square feet of building space on an expansive lot of 11,832 square feet. It features dual pane windows, a common area courtyard, carports, and select units offering ensuite washer/dryers or hook-ups. This investment has the potential to add washer & dryers in each unit, along with additional ADU potential. The property is a few miles from San Jose State University, SoFA District, and Downtown San Jose. It is conveniently accessible to Highways 87 and 280. Finally, its close proximity to major tech employers such as Adobe HQ, eBay, and Zoom makes it an attractive location for potential tenants seeking employment opportunities.
- Listed by Amit Urban • DRE #01998926 • Brokerage DRE #02214785 • Magnify Real Estate • 650-282-0477
Property Details for 1360 Palm Street
MLS City Name
SAN JOSE
Building TypeOther
Garage Spaces0
Parking Spaces3
Location
LISTING UPDATED: 03/29/2024 09:50 AM
Property Details for 1360 Palm Street
Status | Active |
---|---|
MLS # | ML81959360 |
Days on Compass | 31 |
Taxes | $37,001 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1951 |
Lot Size | 0.27 AC / 11,761 SF |
County | Santa Clara County |
Location
Building Information for 1360 Palm Street
Stories-Residences-Year Built1951Building Size-Lot Size0.27 AC / 11,761 SF
Payment Calculator
$18,364 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1360 Palm Street
Property History for 1360 Palm Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1360 Palm Street
Taxable ValueLand$615,709Additions$652,653Total$1,268,362
Tax Record2023$19,340 ($1,612 / month)
Home Facts
Total Finished SqFt5,540 SqFtAbove Grade Finished SqFt5,540 SqFtStories2Lot Size11,832 SqFtStyleMulti-Family Res (5+ Units)Year Built1951Year Renovated1953ZoningC2HCountySANTA CLARAAPN434-12-090Fireplace TypeHas Fireplace
Schools near 1360 Palm Street
This home is within San Jose Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Ernesto Galarza Elementary School PublicK to 5 | ||
Willow Glen Middle School Public6 to 8 | ||
Willow Glen High School Public9 to 12 | ||
Downtown College Preparatory Middle Charter5 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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