Commercial property
Listing Agent: Eymon Binesh (DRE #02060059) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap · MLS #ML82017954 · Source: CRMLS
127 Rancho Drive sold for $11,150,000 in October 2025, 3.0% under its $11,490,000 list price, after 44 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Marcus & Millichap is pleased to present Rancho Vista Apartments, a well-maintained 1990-built asset in San Jose, exempt from the city's rent control ordinance. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, updated bathroom vanities, and new dual-pane windows and sliders. The property's modern construction offers desirable features such as private balconies or patios, dedicated parking for every unit, and three newly constructed laundry facilities. The property is fully SB-721 compliant and exempt from the San Jose soft story retrofit ordinance. Set on a generous 1.08 acre-parcel, Rancho Vista offers residents exceptional privacy, generous open space, and a true condo-quality living experience in the heart of the Silicon Valley.
Listing description from the October 2025 sale, as reported to CRMLS.