5500 Camden Avenue, San Jose, CA 95124
  • MLS#: ML81990254 ( )
  • Street Address: 5500 Camden Avenue
  • Viewed: 2
  • Price: $10,980,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1974
  • Bldg sqft: 0
  • Days On Market: 5
  • Additional Information
  • County: SANTA CLARA
  • City: San Jose
  • Zipcode: 95124
  • Provided by: Compass
  • Contact: Nate Nate
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 29358.00
Carport Spaces
  1. 45.00
Cooling
  1. Wall/Window Unit(s)
Heating
  1. Electric
Insurance Expense
  1. 52503.00
Otherexpense
  1. 51043.00
Parcel Number
  1. 56730014
Roof
  1. Composition
  2. Shingle
Totalexpenses
  1. 481356.00
Trash Expense
  1. 13860.00
Water Source
  1. Public
Year Built
  1. 1974
Year Built Source
  1. Assessor
Zoning
  1. R3H