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$20,500,000
1150 Pedro, San Jose, CA 95126
0 Beds
0 Baths
29,823 SqFt

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Koi Creek Apartments offers an investor the opportunity to purchase a quality, large asset near Downtown Willow Glen. The property was built in 1983 and is not subject to San Jose Rent Control. The lush courtyard with Koi filled streams provides a serene environment for tenants. The apartments feature private balconies and wall air conditioners. There is ample parking which includes 30 private garages and 10 electric vehicle charging stations. Dual paned windows and copper plumbing. Ideal 1031 exchange opportunity - seller is willing to wait for buyer to sell downleg property. Excellent financing available with interest only period available.
  • Price:
  • $20,500,000
  • Square Footage:
  • 29,823
  • Acreage:
  • 1.00
  • Year Built:
  • 1983
  • Listing ID #:
  • 81881249
  • Street Address:
  • 1150 Pedro
  • City:
  • San Jose
  • State:
  • California
  • Postal Code:
  • 95126
  • County:
  • Santa Clara
  • Community:
  • Central San Jose
  • Listing Status:
  • Active
  • Listing Type:
  • Five or More Units
School District: San Jose Unified
  • Age Of Dwelling:
  • 39
  • Building Security:
  • Security Building
  • Flooring:
  • Carpet, Laminate, Tile, Vinyl / Linoleum
  • Foundation:
  • Concrete Perimeter And Slab
  • Total # Of Buildings:
  • 4
  • Total Building Square Footage:
  • 29823
  • Type Of Roof:
  • Rolled Composition
  • Unit2 Bedrooms:
  • 1
  • Unit3 Bedrooms:
  • 2
  • Year Built:
  • 1983
  • Annual Insurance Expenses:
  • 11929
  • Annual Maintenance Expenses:
  • 30600
  • Annual Management Expenses:
  • 76483
  • Conforms To Zoning:
  • R3
  • Lot Square Footage:
  • 52120.00
  • Total Available Acres:
  • 1.1965
  • Community Features:
  • Bbq Area, Common Utility Room, Community Pool, Community Security Gate
  • Property Taxes:
  • $262,240
  • Unit 1 Monthly Rent:
  • 1395
  • Unit 2 Monthly Rent:
  • 1695
  • Unit 3 Monthly Rent:
  • 2300
  • Unit 4 Monthly Rent:
  • 2095
  • Garage Description:
  • Assigned Spaces, Attached Garage, Gate / Door Opener, Uncovered Parking
  • Garage Parking Spaces:
  • 30
  • Parking Spaces:
  • 53
  • Pool:
  • 1
  • Pool Description:
  • Community Facility, Pool - Heated, Pool - In Ground, Spa - In Ground
  • Cooling System:
  • Window / Wall Unit
  • Existing Water:
  • Public
  • Heating:
  • Electric
  • Laundry:
  • Coin Operated
  • Sewage Type:
  • Sewer - Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Justin Bautista of Newmark Cornish & Carey
  • This data is up-to-date as of June 30, 2022. LIST

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