Comm Ri Multi-units 5+ For Sale
12,348 Sqft - 1718 Virginia Avenue, SAN JOSE, California 95116
Property Description
This type of property does not come on the market often! Three 2-story buildings on one parcel, each with 6-units. The Virginian Apartments are home to many long-term tenants leaving room for future upside potential at turnover. All 18-units have dual pane windows, a security screen door, 1 assigned & covered carport parking space, and 1 storage locker. 15-units are 1-bedroom, 1-bathroom apartments offering a comfortable 650 square feet of living space. 3-units are 2-bedroom, 1-bathroom apartments with 800 square feet. Conveniently located close to 280/680, 101, Alum Rock Avenue, Capitol Expressway, several San Jose landmarks such as Emma Prusch Farm, Happy Hollow, Raging Waters and just minutes from downtown San Jose. No laundry on-site
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81857013
Price : $5,550,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 12,348 Sqft
Year Built : 1962
Lot Area : 0.44 Sqft
Features
Heating System : Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : SAN JOSE
Zipcode : 95116
Street : Virginia Avenue
Street Number : 1718
Floor Number : 0
Longitude : W122° 9' 10''
Latitude : N37° 20' 42.6''
MLS Addon
Office Name : Cal-western Realty
Building Type : Other
Area : Alum Rock
Address : 1718 Virginia Avenue
Cross Street : King Road
LA1User Code : MLL105201
LA1Agent First Name : Julie
LA1Agent Last Name : Hedrick
Status Category : Active
Tot # Parking Spaces : 0
Tot # of Units : 18
Zoning : R1B6
List $/SqFt : $0
Age : 59
Apx Lot Sq Ft : 19,124 Sqft
Type of Building : Apt Complex
Annual Taxes : $12,688
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
EXTERIOR : Dual Pane Windows
ON-SITE PARKING DESC : Covered Parking
OPERATING EXPENSES : Electric, Gas, Insurance, Trash Removal, Water
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.38
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $5,550,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 278390
Net Oper Income : 187618
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 22673
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 19.94
List Agent DRE Num. : 01472439
Filtered Address : 1718 Virginia AVE
Branded Media Link : https://17181730virginiaavenue44441.f8re.com/
LA1Agent License ID : 01472439
LA1Old Agent ID : 89409
LA1NRDS_ID : 198023079
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 481-43-063
Showing : See Confidential Remarks
LO1Main Office ID : 68782
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 5550000
Address Search Number : 1718
Listing Agent : 194748
Listing Office : 68782
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 18
Input Date : 05/08/2021 21:30:21
Update Date : 21/08/2021 10:03:13
PhotoTimestamp : 21/08/2021 02:46:14
First Photo Add Timestamp :
List Date : 05/08/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 05/08/2021
Price Date :
Off Market Date :
Status : Active
Dual Variable : No
HOA : No
City Transfer Tax : Yes
Off Market Status Date :
LVT Date :
DOMLS : 16
Cumulative DOMLS : 16
Unit # 1 # of Bedrooms: 1
Unit # 1 Approx. SqFt: 650
Unit # 1 Rent: 1146
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 800
Unit # 2 Rent: 1528
