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1235 LEIGH AVENUE, SAN JOSE, 95126

$6,048,000

  • 12,112 sqft
  • Commercial /Five or More Units
1235 LEIGH AVENUE, San Jose, CA for sale.
1235 LEIGH AVENUE, San Jose, CA for sale.
                                  1235 LEIGH AVENUE, San Jose, CA for sale.
                                  1235 LEIGH AVENUE, San Jose, CA for sale.
                                  1235 LEIGH AVENUE, San Jose, CA for sale.
Courtesy of Marcus & Millichap
*Financials based on proforma numbers. Leigh Court Apartments is a stunning, 18-unit apartment community located at 1235 Leigh Ave in thriving San Jose, California. Situated on a 0.43 Acre parcel of land, the subject property was originally constructed in 1963, and has a gross building area of approximately 12,120 square feet, offering its tenants beautifully designed, studio, one and two-bedroom floorplans. The unit mix consists of (4) studios, (10) 1-Bedroom/1-Bath Units, (2) 2-Bedroom/1-Bath Units, and (2) huge 1,030 SF 2-Bedroom/1.5-Bath units. The investment appeal of this asset is driven by San Jose strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Leigh Court Apartments presents an attractive choice for South Bay renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Last updated on 9/16/2019
Courtesy of Marcus & Millichap

More Details for 1235 LEIGH AVENUE

Property Class: Commercial Multi-Residential
Listing Status: Active
City: San Jose
State: CA
Zip: 95126
Area: 9 - Central San Jose
County: Santa Clara
Class: Commercial
Property Subtype: Five or More Units
Approx Lot Size: 0.429
REO/Bank Owned:No
Property Sub Type Descr: Five or More Units
Garage:Yes
Living Area (SqFt): 12,112 sqft
Lot Size Area Sq Feet: 18707.00
Lot Size Area Acres: 0.42945
Property Tax: $80,802
REO/ Bank Owned: No
REO:N/A
Short Sale:N/A
Listing#: 81749315
Parcel Number: 28426008
Year Built: 1963
List Date: 4/29/2019

Features for 1235 LEIGH AVENUE

Association Amenities: Other
Foundation: Concrete Perimeter
Roof: Composition
Cooling: None
Exterior Features: Courtyard
Utilities Sewer: Sewer Connected
Disability Features: None
Lot Desc: Grade - Level
Utilities Water: Public

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