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$2,495,000
Est. payment /mo
0.59 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82026638
HOA Y/N No
Year Built 1940
Annual Tax Amount $28,069
Lot Size 0.590 Acres
Property Description
Golden Investment Opportunity in Bascom Forest Estate Sale. Introducing a rare chance to acquire a 9-unit residential property in the highly sought-after Bascom Forest neighborhood. Situated on a 25,700 sq. ft. lot, this estate sale presents tremendous value-add potential and flexibility for expansion or redevelopment. The property features five separate buildings with nine total units, offering an ideal layout for residents and future planning. On-site parking includes 8 garage spots and 7 open stalls, a rare and attractive amenity in this area. Zoned for up to 17 units, investors can unlock substantial upside through expansion, renovation, or repositioning. Current rents are well below market, providing immediate potential for income growth. This is a prime investment opportunity with solid fundamentals, multiple exit strategies, and exceptional long-term appreciation potential in one of the regions most desirable locations.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Forced Air, Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Bitumen,Composition
Total Parking Spaces 7
Building
Water Public
Schools
School District Other
Others
Tax ID 27717038
Special Listing Condition Standard
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Listed by Jack Hirsch Realty World-Hirsch & Assoc.
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