1131 Roewill Drive, San Jose, CA 95117

About this commercial property

Premier West San Jose location, good cash flow, this well-maintained property offers a gross-livable area of 4,800 square feet on an 8,197 sqft lot and consists of eight(8) full occupied 1bd/1ba units, most with updated kitchens and baths. There is air conditioning in 7 of the 8 units. The property is in a consistent updating: Roof in 2008, double panels windows. and new sewer lines/clean-out in 2014, some furnaces and water heaters updated in 2018. Part of the ladders new constructed in 2019. Each unit has assigned parking: 7 of the spaces are covered. Coin-op laundry room and separate owner storage room. Some rents are well below the market rent, high demand 1b1b floor plan, a value-added opportunity with strong upside in future rents.

Listing description from the June 2021 sale, as reported to CRMLS.

Sale history

$2,400,000

Sold June 2021 · listed $2,490,000, on market March 2021 · MLS #ML81836779 · Source: CRMLS

Listing Agent: Yamina Wu · Listing Office: Compass · Contact: (650) 323-1111 · Bought with: Dan Kroner · Intero Real Estate Services

$2,151,000

Sold August 2017 · listed $2,150,000, on market July 2017 · MLS #ML81671796 · Source: CRMLS

Listing Agent: Marty Brill · Listing Office: Intero Real Estate Services · Contact: 408-741-1600 · Bought with: Rebecca Pai · Realty World - Equity Solutions

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