315 E San Fernando Street Pending

San Jose,CA 95112

$ 10000000

- Bed

0 Bath

27552 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 27,552 sqft

Price per Sqft $362

MLS Listing ID ML82002833

HOA Y/N No

Year Built 1962

Lot Size 0.433 Acres

Acres 0.43

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

Zoning C

Interior

Heating Forced Air

Fireplace No

Exterior

Handicap Access Other

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 46724109

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