San Jose, CA 95128,2970 Magliocco DR
San Jose, CA 95128,2970 Magliocco DR
San Jose, CA 95128,2970 Magliocco DR
14
$4,200,000
$4,410,000
4.8%
Est.Price: ?

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0.28 Acres Lot

2970 Magliocco DR San Jose, CA 95128

Est. payment /mo
SOLD DATE : 09/15/2025

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Key Details

Sold Price $4,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82004853

Sold Date 09/15/25

HOA Y/N No

Year Built 1962

Annual Tax Amount $57,405

Lot Size 0.282 Acres

Property Description

2970 Magliocco Dr is an exceptional 18-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,285 square feet, the subject property was originally constructed in 1962 and has a gross building area of approximately 8,072 square feet, offering its tenants beautifully designed two-bedroom and studio floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime West San Jose location featuring convenient access to Downtown San Jose (7 miles) and Santana Row (2 miles) home to a myriad of high-end shopping, dining and entertainment options. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 2970 Magliocco Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3H

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 17

Roof Type Flat

Building

Water Public

Schools

School District Other

Others

Tax ID 27908027

Financing Conventional

Special Listing Condition Standard

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CRMLS – RECore
Listed by Robert Johnston Marcus & Millichap
Bought with Eymon Binesh Marcus & Millichap

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Ken Wallis

Ken Wallis

Broker Associate | License ID: 1700449

+1(805) 218-3402

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