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1012 Elm St
San Jose, CA 95126
Multifamily Property For Sale · 23 Units

Property Facts

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.46 AC
Building Size 12,750 SF
No. Stories 2
Year Built 1960
Parking Ratio 2.12/1,000 SF
Zoning MUN - Mixed Use Neighborhood

Amenities

Site Amenities

  • Laundry Facilities

About 1012 ELM ST , SAN JOSE, CA 95126

Marcus & Millichap has been selected to exclusively market for sale 1012 Elm Street, a stunning, extensively renovated, 23 unit apartment community located in the thriving city of San Jose, California. Situated on 0.46 acres of land, the subject property was originally constructed in 1960 and has a gross livable area of 11,258 total square feet, offering its tenants quality studio, one-bedroom and two-bedroom apartments to call home. The unit mix consists of Sixteen (16) one bedroom/ one bathroom units, three (3) studios, and four (4) two-bedroom/ one-bathroom units, 1012 Elm Street has recently undergone extensive exterior and interior renovations. The exterior renovations include new railings, beautiful easy to maintain landscaping, brand new exterior paint scheme with a modern wood facade, an updated on-site laundry facility, new glass entry as well as new stucco. Interior renovations include designer paint schemes, updated kitchens & bathrooms, new dual pane windows, LVT flooring, new doors, recessed lighting, and new wall heaters. Furthermore the property has all new plumbing, electrical, and roof. A complete list of renovations can be found on the page in the marketing package titled “Scope of Renovations”.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 3 $1,895 -
1+1 16 $2,195 -
2+1 4 $2,495 -

Property Taxes

Property Taxes

Parcel Number
230-41-035
Land Assessment
$4,374,583
Improvements Assessment
$4,702,676
Total Assessment
$9,077,259
  • Listing ID: 15603627

  • Date on Market: 4/1/2019

  • Last Updated:

  • Address: 1012 Elm St, San Jose, CA 95126

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