975 Boynton Ave

San Jose, CA 95117 View Map $18,500,000 Schedule a Tour
Sq.Ft.34,144
Year1974
Caroline Stavjanik & Dani Wolter

Caroline Stavjanik & Dani Wolter

(408) 412-5749

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Status: Active
Property Type:Five Or More Units
MLS #:ML81895567
Sq. Feet:34,144
On Site:165 Days
Lot Size:1.55 Acres
County:Santa Clara

Listing Agent/Office

Agent:Justin Bautista
Office:Newmark Cornish & Carey
$1M PRICE REDUCTION! Boynton Gardens is an extensively renovated 48-unit garden style apartment community in West San Jose. This investment features an attractive unit mix of (16) 1+1 and (32) 2 +1. The majority of the apartments have been renovated and feature large balconies/patios. The property underwent an exterior renovation with a contemporary paint scheme, dual paned windows, bbq area, and new TPO roofs. The building benefits from copper plumbing and a high efficiency hot water heater system. The oversized parcel allows for ample parking as the property boasts a 1.5:1 parking ratio and no tuck under parking. This is TRULY A TURNKEY INVESTMENT. The property features an +/- 800 square foot office/storage that can be converted into (2) studio ADUs. The ideal rental location is convenient to 280, San Tomas Expressway, shopping, schools, parks and employers. Strong in-place rents with upside potential. GRM (Current/Market): 13.66 / 12.36. Cap Rate (Current/Market) 4.59% / 5.31%.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/25/2022$19,500,000$18,500,000-5.1%

Community Information

Address: 975 Boynton Ave San Jose, CA 95117
Zip:95117
Neighborhood:Campbell

Features / Amenities

Floor: Carpet, Laminate, Tile, Vinyl / Linoleum
Yard/Grounds: Balcony / Patio, BBQ Area
Carports: 48
Energy Saving Features: Double Pane Windows
Heating: Electric

Rooms

SizeDescription
LaundryCoin Operated, Washer / Dryer

Property Features

Lot Size: 1.55 Acres
Number of Buildings: 4
Water: Public
Utilities: Individual Electric Meters
Sewer/Septic: Sewer - Public, Sewer Connected
Zoning:SJ
Subclass: Five or More Units

Tax and Financial Info

Meters: Master Water, Separate Electric
HOA Amenities: BBQ Area, Common Utility Room

Schools

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 975 Boynton Ave San Jose, CA 95117
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975 Boynton Ave San Jose, CA 95117
 
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