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1565 Alum Rock Ave 3,843 SF Office Building San Jose, CA 95116 $1,800,000 ($468.38/SF)



Investment Highlights
- Heavy Daytime Foot Traffic
- Parking lot
Executive Summary
Prestigious Commercial Investment Opportunity for Your Portfolio
A perfect combination of space, and connectivity in the growing Downtown to Alum Rock Corridor
Welcome to 1565 Alum Rock Ave, where investors will find a turnkey opportunity in one of Silicon Valley's most sought-after commercial markets.
This property boasts upgraded interiors, strong amenities, and a prime location that guarantees long-term tenant demand.
Property is currently vacant, providing a worry-free ownership experience.
The property is conveniently located near the Restaurants (Adega) (Mexico Bakery) Cultural hubs (Mexican Heritage Plaza) and remaining close to transit corridors and employment hubs, public transportation and easy access to 101 Freeway
Key Features:
Amenities: 12 parking spaces,
Upstairs: Currently Office | Potential Residential Units
Upstairs originally residential. Can be converted back to 2 units both 1bed/1bath.
Estimated income from both 1bed units - $2,500 x 2 = $5,000
Downstairs: Retail shop $500-$700 per space. Total of 6-8 spaces
5 private offices with 2 private bathrooms and large open floor area
Basement: additional offices and storage space.
Improvements: Ownership has made significant capital improvements throughout the years. This includes Central AC/Heat
Seller Financing available up to 70%
Don't miss this rare chance to acquire a property that perfectly blends location, reliability, and potential! Unlock the property's value and hold it for long-term significant appreciation. Opportunities of this caliber are rarely available.
A perfect combination of space, and connectivity in the growing Downtown to Alum Rock Corridor
Welcome to 1565 Alum Rock Ave, where investors will find a turnkey opportunity in one of Silicon Valley's most sought-after commercial markets.
This property boasts upgraded interiors, strong amenities, and a prime location that guarantees long-term tenant demand.
Property is currently vacant, providing a worry-free ownership experience.
The property is conveniently located near the Restaurants (Adega) (Mexico Bakery) Cultural hubs (Mexican Heritage Plaza) and remaining close to transit corridors and employment hubs, public transportation and easy access to 101 Freeway
Key Features:
Amenities: 12 parking spaces,
Upstairs: Currently Office | Potential Residential Units
Upstairs originally residential. Can be converted back to 2 units both 1bed/1bath.
Estimated income from both 1bed units - $2,500 x 2 = $5,000
Downstairs: Retail shop $500-$700 per space. Total of 6-8 spaces
5 private offices with 2 private bathrooms and large open floor area
Basement: additional offices and storage space.
Improvements: Ownership has made significant capital improvements throughout the years. This includes Central AC/Heat
Seller Financing available up to 70%
Don't miss this rare chance to acquire a property that perfectly blends location, reliability, and potential! Unlock the property's value and hold it for long-term significant appreciation. Opportunities of this caliber are rarely available.
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Property Facts
Sale Type
Investment
Property Type
Building Size
3,843 SF
Building Class
C
Year Built
1962
Price
$1,800,000
Price Per SF
$468.38
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,921 SF
Building FAR
0.35
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C3 - The C-3 district generally allows for a wide array of businesses, including:Retail stores, markets, and shopping centers.Restaurants, cafes, and bars
Parking
12 Spaces (3.12 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Fenced Lot
- Air Conditioning
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 481-01-169 | Improvements Assessment | $253,591 |
| Land Assessment | $422,659 | Total Assessment | $676,250 |
Property Taxes
Parcel Number
481-01-169
Land Assessment
$422,659
Improvements Assessment
$253,591
Total Assessment
$676,250
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1565 Alum Rock Ave
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