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Listed by Jimmy Castellanos • Marcus & Millichap
$10,000,000
Est. payment /mo
27,552 SqFt
Active
315 E San Fernando Street San Jose, CA 95112
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 27,552 sqft
Price per Sqft $362
MLS Listing ID ML82002833
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1962
Lot Size 0.433 Acres
Property Sub-Type Other
Property Description
CALL FOR OFFERS: Wednesday, May 14th at 1:00 PM. Marcus & Millichap is pleased to present El Dorado Apartments, a rare opportunity to acquire a high-quality multifamily asset across from San Jose State University. Located at 315 East San Fernando Street, this well-positioned property features 29 spacious two-bedroom, 1.5-bath units and one two-bedroom, one-bath unit. The building totals 30 units, offering approximately 27,552 square feet of living space on an 18,870-square-foot lot. Built in 1962, El Dorado Apartments is considered Type III construction and features a podium-style design, with a concrete target story providing enhanced fire resistance and structural integrity. This style of construction is more durable and costly to build, offering long-term value through concrete materials versus wood frame. With generous unit sizes, superior construction, and a desirable downtown location, the property delivers the ideal blend of convenience, durability, and strong rental demand.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Other
Building
Water Public
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