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$10,980,000

Est. payment - /mo

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3 BD

3 BA

29,358 SqFt

Contingent

5500 Camden AVE San Jose, CA 95124

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Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

02/07/2025 06:52 PM

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 29,358 sqft

Price per Sqft $374

MLS Listing ID ML81990254

Bedrooms 3

Full Baths 3

Originating Board MLSListings, Inc.

Year Built 1974

Lot Size 1.540 Acres

Property Sub-Type Five or More Units

Property Description

Compass Commercial and Marcus & Millichap are pleased to exclusively market for sale Holly Oaks Apartments, a 45-unit apartment community located at 5500 Camden Ave in San Jose, CA. This beautiful garden-style community is being presented to the market for the first time in more than 30-yrs. Built in 1974, The Holly Oaks are comprised of (5) two-story residential buildings and (1) single-story amenity building on a 1.54-acre lot. The community has 44 one-bedroom/one-bath units that measure 625 square feet and one two-bedroom/two-bath managers unit at 1,100 square feet. Project amenities include a leasing office, swimming pool, laundry facilities, and manicured grounds. There are 45 carports and 20 open parking spaces; a parking ratio of 1.44 spaces/unit. OWNERSHIP IS CURRENTLY REPLACING ALL OF THE ROOFS AT THE PROPERTY, eliminating a significant capital expenditure for the buyer. The property is easily accessible from Hwy 85 and is a short commute to major employment centers in San Jose, Los Gatos, and Campbell. Holly Oaks is also near major shopping centers & entertainment districts. Costco, Whole Foods, Target, Walmart and Safeway are located just minutes away. Westfield Oakridge Mall is three miles east of the property and downtown Los Gatos is less than five miles west.

Location

State CA

County Santa Clara

Area Cambrian

Zoning R3H

Rooms

Kitchen Cooktop - Electric, Dishwasher, Garbage Disposal, Oven - Electric, Refrigerator

Interior

Heating Electric

Cooling Ceiling Fan, Window / Wall Unit

Flooring Carpet, Laminate

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport , Covered Parking, Uncovered Parking

Garage Spaces 20.0

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Tax ID 567-30-014

Special Listing Condition Not Applicable

Listed by Nate Gustavson • Compass

MORTGAGE CALCULATOR

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"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA