947 Park Avenue

San Jose, CA 95126

$1,550,000
Price
Beds
4,410 Sq. Ft.
$351 / Sq. Ft.
4,410
Sq. Ft.
$351
per Sq. Ft.

Description

PRIME MIXED-USE, LOW EXPENSE PROPERTY – OVER $10K PER MONTH CASHFLOW: Fantastic opportunity for an owner-user looking for retail space or investor searching for cash flow & upside. Great commuter location in the Sunol-Midtown neighborhood. Walking distance to just about everything (94 Walk Score & 86 Bike Score) and minutes from 5 major rail stations. The subject property has 3 residential units that include: (2) 1-bedroom, 1-bathroom units, (1) 2-bedroom, 1-bathroom unit, and approx. 2,200 SF of...PRIME MIXED-USE, LOW EXPENSE PROPERTY – OVER $10K PER MONTH CASHFLOW: Fantastic opportunity for an owner-user looking for retail space or investor searching for cash flow & upside. Great commuter location in the Sunol-Midtown neighborhood. Walking distance to just about everything (94 Walk Score & 86 Bike Score) and minutes from 5 major rail stations. The subject property has 3 residential units that include: (2) 1-bedroom, 1-bathroom units, (1) 2-bedroom, 1-bathroom unit, and approx. 2,200 SF of ground floor retail, split between two suites. Many upgrades were completed throughout the years, including electrical, new windows, retail upgrades in 2018 (floors & AC), new water heaters, and more. Back structure perfect for potential ADU conversion. Buyers must research and verify ADU feasibility. Must see property.
  1. Listed by Nolan Jones • DRE #01509417 • KELLER WILLIAMS TRI VALLEY REALTY

Property Details for 947 Park Avenue

City
SAN JOSE
Building Type
Other
Property Sub Type
Other
Garage/Parking
No Parking
Total # Parking Spaces
0
LISTING UPDATED: 08/21/2024 01:19 AM

Property Details for 947 Park Avenue

StatusActive
MLS #41069817
Days on Compass129
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1950
Lot Size0.11 AC / 4,574 SF
CountySanta Clara County

Building Information for 947 Park Avenue

Stories-Residences5Year Built1950Building Size-Lot Size0.11 AC / 4,574 SF

Property Information for 947 Park Avenue

Features
Feature Details
  • Flooring: Laminate
Utility Details
  • Cooling: Central 1 Zone A/C
  • Heating: Electric
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Street Light(s)
  • Lot Sq Ft Apx: 4574
  • Lot Size Square Feet: 4574.0
  • Roof: Unknown
  • Sq Ft Apx: 4410
  • Year Built: 1950
Location Details
  • Directions to Property: None
  • FIPS Code: 06085
  • Census Tract: 5003/2
  • Parcel Number: 261-31-058-01
  • Printed Neighborhood Rpt: No
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 5
  • Basement: None
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Other
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Rent: 1650
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Rent: 1575
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Rent: 1750
Unit 4
  • Unit 4 # Units This Type?: Commercial
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 Rent: 2600
Unit 5
  • Unit 5 # Units This Type?: Commercial
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 Rent: 2600
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • On Site Parking Description: None
Income / Expense Details
  • Gross Income: $122,100
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 947 Park Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 947 Park Avenue

Taxable ValueLand$394,048Additions$1,006,001Total$1,400,049
Home Facts
Total Finished SqFt4,410 SqFtAbove Grade Finished SqFt4,410 SqFtStories2Lot Size4,574 SqFtStyleStoresYear Built1950ZoningCNCountySANTA CLARAAPN261-31-058

Schools near 947 Park Avenue

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Merritt Trace Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

River Glen School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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947 Park Avenue is for sale in San Jose, CA 95126. This property was listed for sale on August 14, 2024 by KELLER WILLIAMS TRI VALLEY REALTY, it's currently listed at $1,550,000. It has been on the market for a total of 129 days and was last sold on December 22, 2006. This listing's school district is San Jose Unified School District. Nearby schools include Merritt Trace Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 947 Park Avenue is a 0-bed, 0-bath, 4,410 sqft built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS TRI VALLEY REALTY, Nolan Jones, DRE #01509417

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.