3531 Alden Way, San Jose, CA 95117
- $3,400,000
- List Price
- $3,400,000
- Status
- ACTIVE
- MLS#
- ML82054051
- Year Built
- 1958
- Lot Size
- 10,996
- Acres
- 0.25
- Days on Market
- 11
- Property Type
- Commercial
Property Description
The Zurich Group of Marcus & Millichap is pleased to exclusively present 3531 Alden Way, a nine unit apartment community located in the heart of West San Jose. The property features a desirable unit mix of spacious two bedroom, two bathroom apartments and offers investors strong in place income with additional upside potential through continued rental growth. Ideally situated just minutes from Santana Row, Valley Fair, Apple, NVIDIA, and the expanding OpenAI campus, the location provides exceptional access to Silicon Valley's largest employment centers and premier shopping and dining. 3531 Alden Way presents an outstanding opportunity to acquire a well located multifamily investment in one of the region's most desirable rental markets. The neighboring property at 3537 Alden Way (8 units) is also available, providing the flexibility to purchase either property individually or both together as a 17 unit portfolio. Offering Memorandum and Deal Room access are available upon request.
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Additional Information
- Taxes
- $45,947
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- None
- Roof
- Composition
- School District
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $274,404
Listing courtesy of Listing Agent: Mitchell Zurich (mzurich@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.