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1235 Leigh Ave, SAN JOSE, CA – $6,048,000

  • $6M Price
  • 12,112 Sqft
  • .43 Acres
  • $6M Price
  • 12,112 Sqft
  • .43 Acres

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1235 Leigh Ave

*Financials based on proforma numbers. Leigh Court Apartments is a stunning, 18-unit apartment community located at 1235 Leigh Ave in thriving San Jose, California. Situated on a 0.43 Acre parcel of land, the subject property was originally constructed in 1963, and has a gross building area of approximately 12,120 square feet, offering its tenants beautifully designed, studio, one and two-bedroom floorplans. The unit mix consists of (4) studios, (10) 1-Bedroom/1-Bath Units, (2) 2-Bedroom/1-Bath Units, and (2) huge 1,030 SF 2-Bedroom/1.5-Bath units. The investment appeal of this asset is driven by San Jose strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, Leigh Court Apartments presents an attractive choice for South Bay renters due to close proximity to major employers, transportation corridors, shopping, dining and entertainment options.

Essential Information

  • MLS® #ML81749315
  • Price$6,048,000
  • Square Footage12,112
  • Acres0.43
  • Year Built1963
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address1235 Leigh Ave
  • AreaCentral San Jose
  • CitySAN JOSE
  • CountySanta Clara
  • StateCA
  • Zip Code95126

Amenities

  • GaragesAttached

Utilities

Individual Electric Meters, Individual Gas Meters

Interior

  • HeatingWall Furnace
  • CoolingNo Cooling

Exterior

  • Lot DescriptionGrade - Level
  • RoofComposition Roof
  • ConstructionWood Frame
  • FoundationConcrete Perimeter

Additional Information

  • ZoningR4H

Listing Details

  • AgentAdam S. Levin
  • OfficeMarcus & Millichap
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Price Change History for 1235 Leigh Ave, SAN JOSE, CA (MLS® #ML81749315)

Date Details Price Change
Price Reduced (from $6,300,000) $6,048,000 $252,000 (4.00%)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of August 23rd, 2019 at 7:26am CDT.
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.