$1,425,000
$1,350,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
6,346 Sqft Lot
SOLD DATE : 07/26/2024
Key Details
Sold Price $1,425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81970879
Sold Date 07/26/24
HOA Y/N No
Year Built 1962
Annual Tax Amount $18,495
Lot Size 6,346 Sqft
Property Description
640 N 3rd St is an exceptional 6 unit apartment community located in the thriving city of San Jose, California. Situated on a parcel of land totaling 6,348 square feet, the subject property was originally constructed in 1962 and features a gross building area of approximately 3,786 square feet, offering tenants and residents beautifully designed two-bedroom and one-bedroom floor plans. Additionally, tenants enjoy convenient community amenities such as private covered parking. 640 N 3rd St sits near Downtown San Jose and is within walking distance to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations. Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 6
Roof Type Shingle
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 24941058
Financing Cash
Special Listing Condition Standard
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Bought with Robert Johnston • Marcus & Millichap
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