1136 BRACE AVE
SAN JOSE, CA 95125

$6,000,000

0 Beds

0 Baths

14,457 Sq Ft

Status Active

MLS# ML81962072

Located just steps away from downtown Willow Glen, 1136 Brace Avenue in San Jose is a rare investment opportunity with strong market fundamentals. This multi-family building was built in 1966 and is now on the market for the first time in over a twenty years. Comprising fifteen (15) units, the property features amenities such as a pool, covered parking, and on-site coin-operated laundry facilities, catering to tenant needs and enhancing rental income potential. With its stable rental history and potential for value-add through strategic upgrades, investors can benefit from immediate cash flow and long-term appreciation potential in Willow Glens thriving real estate market.

Details for 1136 BRACE AVE

Built in 1966

$415 / Sq Ft

3 parking spaces

Window/Wall Unit

Electric

59 Days on website

0.56 acres lot

Interior

Appliances

Cooktop - Electric, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Appliances - Vary By Unit

Flooring

Carpet, Laminate, Tile, Vinyl/Linoleum

Laundry Features

Coin Operated

Living Area

14,457 SqFt.

Building And Construction

Accessibility Features

None

Door Features

None

Property Sub Type

Multi Family

Property Type

Residential Income

Security Features

["Security Lights"]

Year Built

1966

Exterior And Lot

Lot Size Acres

0.56

Lot Size Square Feet

24393

Parking Features

Assigned Spaces, Carport, On Street

Parking Total

Pool Features

["Heated - Solar", "Pool - In Ground"]

Zoning

R1-8

Utilities

Cooling

Window/Wall Unit

Heating

Electric

Area And Schools

City

San Jose

County Or Parish

Santa Clara

School District

San Jose Unified

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$72,000