The property is located on the north side of Hamilton Avenue in San Jose, California *** The subject site is a 0.45-acre or 19,467-square-foot parcel and is improved with an 18-unit apartment complex known as Flaminbeau Apartments *** The complex consists of three two-story buildings constructed in 1962 with 13,008 square feet of gross building area *** The building has a laundry room, an office, a storage room and a swimming pool plus a BBQ area *** The improvements have been renovated and maintained as needed and appear to be in good conditions *** There are 18 tuck-under parking spaces. The property is comprised of (1) studio unit; (13) one-bedroom/one-bathroom units; and (4) two-bedroom/one-bathroom units ***
Century 21 Real Estate Alliance
|Price Reduced (from $5,750,000)||$5,500,000||$250,000 (4.35%)|
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