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Bi Nguyen

Real Estate Agent

  • Office 408-532-1278
  • Cell 408-981-4434
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750 - 760 N 23rd St, SAN JOSE, CA – $24,898,000

  • $24.9M Price
  • 40,796 Sqft
  • 1.54 Acres
  • $24.9M Price
  • 40,796 Sqft
  • 1.54 Acres

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750 - 760 N 23rd St

Palm Court Apartments represents the rare opportunity to acquire an exceptional 56-unit multifamily asset located at 750-760 N 23rd St in thriving San Jose, California. Situated on a parcel of land totaling 1.54-acres, the subject property was originally constructed in 1961 and has a gross building area of approximately 40,796 square feet, offering its tenants beautifully designed one-bedroom, two-bedroom and three-bedroom floor plans. The subject property has recently undergone extensive exterior and interior capital improvements. 48 of the 56 units have been completely remodeled and renovated with vinyl plank flooring, stainless steel appliances, granite countertops, modern cabinetry and in-unit washer dryers. Tenants and residents also enjoy convenient access to many community amenities including a sunny community courtyard, community pool and private parking. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

Essential Information

  • MLS® #ML81878517
  • Price$24,898,000
  • Square Footage40,796
  • Acres1.54
  • Year Built1961
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address750 - 760 N 23rd St
  • AreaCentral San Jose
  • CitySAN JOSE
  • CountySanta Clara
  • StateCA
  • Zip Code95112

Amenities

  • Parking Spaces76

Utilities

Individual Electric Meters, Individual Gas Meters

Interior

  • HeatingWall Furnace
  • CoolingCeiling Fan

Exterior

  • FoundationConcrete Perimeter

Roof

Rolled Composition, Flat/Low Pitch

Additional Information

  • ZoningR3

Listing Details

  • AgentRobert Johnston
  • OfficeMarcus & Millichap
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© 2022 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of June 30th, 2022 at 11:56am PDT.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.