470 Boynton Avenue San Jose, CA 95117

$14,500,000
470 Boynton Avenue, San Jose, CA 95117
Call 1-800-839-1363
ML81691421

Multi-Family Home for sale in San Jose, CA

for $14,500,000. This 29,716 square foot home was built in 1968 on a lot size of 1.09 Acre(s).

Property Information

  • $14,500,000
  • Multi-Family
  • 29,716 Square Feet
  • Taxes are $186,753
  • Other / Unknown
  • Active
  • Lot size of 1.09 Acre(s)
  • Built in 1968
  • San Jose, CA
  • West San Jose Neighborhood
  • Santa Clara County
  • MLS/Web ID is ML81691421
  • Just Listed

Description

Turnkey investment opportunity. Well-maintained building. Attractive courtyard with pool. New dual paned windows, new hot water heaters, upgraded electrical, a/c wall units, fresh exterior paint. Copper plumbing throughout and to street. Parking lot resurfaced in 2017. Ample parking - 1.5:1. (35) Garages, (6) Carports, (20) Open Stalls. Earthquake retrofit. Mansard style roof with 30-year comp shingle. Laundry room with (4) washers and (4) dryers. Machines are owned. Private patios and balconies. Unit mix: (28) 1+1, (8) 2+1.5, (3) 2+1.5TH, (1) 4+2TH. Spacious units - average 743 SF each. Large lot - 1.09 acres. Outstanding rental location - convenient to Highway 280, San Tomas Expressway & Stevens Creek. Close to Santana Row, Valley Fair Mall, Apple Spaceship Campus. Blocks to upcoming 15 acre mixed use development. Tremendous upside potential - Market GRM: 13.44 and Market Cap Rate: 4.99%.

Interior 4

Appliances

  • Dishwasher
  • Refrigerator

Heating System

  • Gas Heater
  • Wall Unit

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Garage

  • Attached

Parking

  • 1-20 Parking Spaces
  • Covered Parking

Miscellaneous 2

Maintenance Fee Includes

  • Gas

Utilities

  • Electric

† Excluded Feature

Listed By

Listing Agent: Justin Bautista
Broker: NEWMARK CORNISH & CAREY

470 Boynton Avenue, San Jose, CA, 95117 is a Multi-Family Home for sale at $14,500,000 with 29,716 sqft and a lot size of 1.09 Acre(s). 470 Boynton Avenue has 0.0 baths and was built in 1968. The property's zip code is 95117 which is in San Jose, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in San Jose $1,432,745 90 % below $998,000 93 % below
Multi-family listings in San Jose $3,508,630 76 % below $1,638,888 89 % below

Get the facts about San Jose, CA!

Population 1,020,061
Population Growth (since 2000) 12 %
Median Income $84,095
Median Age 36.79
Households w/ Children 36 %

Residential Dwellings

  • Owned 191333
  • Vacant 12640
  • Rented 135337

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