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2970 Magliocco Drive, San Jose, CA 95128

Commercial property

2970 Magliocco Drive, San Jose, CA 95128 Sold September 2025 CRMLS
$4,200,000Sold September 2025

Listing Agent: Robert Johnston (DRE #01853816) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap · MLS #ML82004853 · Source: CRMLS

8,072
Building Sq Ft
12,285 sqft
Lot Size
1962
Year Built
R3H
Zoning
Commercial property
Type

About this commercial property

2970 Magliocco Dr is an exceptional 18-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,285 square feet, the subject property was originally constructed in 1962 and has a gross building area of approximately 8,072 square feet, offering its tenants beautifully designed two-bedroom and studio floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime West San Jose location featuring convenient access to Downtown San Jose (7 miles) and Santana Row (2 miles) home to a myriad of high-end shopping, dining and entertainment options. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 2970 Magliocco Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$4,200,000
Sold September 2025 · listed $4,410,000, on market April 2025 · MLS #ML82004853 · Source: CRMLS
Listing Agent: Robert Johnston · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap
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