This Multifamily Property is no longer advertised on LoopNet.com.

1136 Brace Ave
San Jose, CA 95125
Regency Towne Apartments · Multifamily Property For Sale · 15 Units

Investment Highlights

  • Prime Location: One block from Downtown Willow Glen
  • Diverse Unit Mix: Catering to various tenant needs with a mix of 1-bedroom and 2-bedroom units
  • On-Site Laundry: Convenience for tenants and an additional source of income for property owners
  • Established Property: Well-maintained building with a solid rental history
  • Income Generation: Pool and covered parking amenities enhance tenant satisfaction and rental income potential
  • Immediate cash flow and long-term appreciation potential in Willow Glen’s thriving real estate market.

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.56 AC
Building Size 14,457 SF
Average Occupancy 100%
No. Stories 2
Year Built 1966
Parking Ratio 1.38/1,000 SF
Zoning R-3, San Jose - Residential, Multi-Family

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Garden
  • Patio
  • Smoke Free
  • Window Coverings

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Pool
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,913 783
2+1.5 6 $2,625 1,122
Studios 1 $1,491 596
2+2 2 $3,172 1,122

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 429-17-091
  • 429-17-090
Land Assessment
$1,107,952
Improvements Assessment
$3,323,922
Total Assessment
$4,431,874
  • Listing ID: 31550037

  • Date on Market: 4/18/2024

  • Last Updated:

  • Address: 1136 Brace Ave, San Jose, CA 95125

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