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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Mitchell Zurich • Marcus & Millichap, DRE#01870648

$ 3,400,000

Est. payment | -/mo

3 Beds

2 Baths

6,900 SqFt

Save

$ 3,400,000

Est. payment | -/mo

Save

3 Beds

2 Baths

6,900 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,900 sqft

Price per Sqft $492

MLS Listing ID ML82054051

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 0.252 Acres

Property Sub-Type Five or More Units

Property Description

The Zurich Group of Marcus & Millichap is pleased to exclusively present 3531 Alden Way, a nine unit apartment community located in the heart of West San Jose. The property features a desirable unit mix of spacious two bedroom, two bathroom apartments and offers investors strong in place income with additional upside potential through continued rental growth. Ideally situated just minutes from Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus, the location provides exceptional access to Silicon Valley's largest employment centers and premier shopping and dining. 3531 Alden Way presents an outstanding opportunity to acquire a well located multifamily investment in one of the region's most desirable rental markets. The neighboring property at 3537 Alden Way (8 units) is also available, providing the flexibility to purchase either property individually or both together as a 17 unit portfolio. Offering Memorandum and Deal Room access are available upon request.

Location

State CA

County Santa Clara

Area Campbell

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered Parking

Utilities Available Individual Electric Meters

Roof Type Composition

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Restrictions None

Tax ID 303-29-010

Security Features None

Special Listing Condition Not Applicable

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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3531 Alden WAY San Jose, CA 95117