ANY QUESTIONS OR CONCERNS?

PLEASE CALL OR EMAIL:

Carlos Azucena 

Main: (650) 391-1700

Cell: (408) 205-2679

Fax: (650) 391-1710

Email: Carlos.Azucena@MarcusMillichap.com

DRE# 01738155

Marcus & MIllichap #00530854

2626 Hanover St

Palo Alto, CA 94304

© 2019 by CFA Properties of Marcus & Millichap

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PROPERTIES

1/1
$2,602,375

8 units

Richmond Ave 
San Jose, CA

 The subject property is situated on a 0.23 acre lot and has a gross livable space of 6,576 square feet, offering eight two bedroom/ one bathroom units.

$5,200,000

1 acre

SOUTH FIRST ST
San Jose, CA

A land development site, fully entitled with complete architectural drawings, for the construction of a mixed-use project consisting of 50 market rate apartment units and five ground floor retail spaces, located in the thriving city of San Jose, California.

1/3
$3,888,000

4 units

Hillsborough Apartments 
San Mateo, CA

Hillsborough Apartments is one of only  four investment properties located in San Mateo Park bordering the exclusive neighborhood of Hillsborough.

$23,700,000

42 units

Woodside 
Redwood City, CA

Truly rare opportunity to acquire a newly constructed, Mediterranean-Inspired luxury condominium community in one of the most supply constrained markets in the nation.

$1,800,000

7 units

MILTON AVE
San Bruno, CA

This property is less than two miles from the Shops of Tanfran, a convenient shopping destination appealing to a wide variety of customer needs. It is the home to numerous retailers including Barnes & Noble, Best Buy, Target, and Sears, along with a versatile mix of restaurants, salons, and offices. Downtown San Mateo Avenue is just a short walk away, offering a vibrant setting where locals and visitors alike enjoy local restaurants, and entertainment.

$3,400,000

0.76 acres

AUZERAIS LAND PARCELS
San Jose, CA

Brand The intended residential development for four parcels purchased in 2015 by the same buyer will be significantly enhanced by the assemblage of 425 and 433 Auzerais Avenue. In addition to the efficiencies gained by increased land size, the highly irregular shapes of the parcels are greatly improved by their assembly together..

$1,750,000

4 units

EL PARQUE COURT
Burlingame, CA

This property is less than two miles from Hillsdale Shopping Center, a convenient shopping destination appealing to a wide variety of customer needs. It is the home to numerous retailers including Apple, Barnes & Noble, Nordstrom, Macy’s, and Trader Joe’s, along with a versatile mix of restaurants, salons, and offices. Nearby Bridgepoint mall and other neighborhood shopping centers host grocery and drug stores like Safeway, Target, Marina Food Market, CVS, and Walgreens. Downtown San Mateo is just a short drive away, offering a vibrant setting where locals and visitors alike enjoy the weekend farmers’ markets, popular restaurants, entertainment, and one of the largest wine cellars in the country at Draeger’s Grocery Store.

$46,000,000

137 units

MERITAGE
Milpitas, CA

Built in 1973, Meritage is situated within a park-like setting, on approximately 6.8 acres with beautifully landscaped courtyards and walking paths. The community features a fitness center, resort-style swimming pool with furnished sundecks, two laundry rooms with a card swipe system, outdoor grilling area with picnic benches, a children’s play structure and covered parking. The property boasts a diverse unit mix of large one-, two- and three-bedroom homes with an average unit size of 816 square feet. Seventy-one percent of the unit mix consist of two- and three-bedroom homes. The units feature fully equipped kitchens with stainless steel appliances, granite countertops, a spacious patio or balcony, individual heating and air conditioning, walk-in closets in select units, and an illuminated ceiling fan in a separate dining area. In-home laundry has been incorporated into all of the 17 townhome units. While current ownership has invested more than $5 million in capital improvements over the last seven years, 

$4,450,000

12 units

EBENER ST
Redwood City, CA

Constructed in 1958, the Ebener Apartments consists an eight-unit building and a four-unit building on two parcels totaling 14,605 square feet of land. The unit mix includes three two-bedroom/one-bath units and nine one-bedroom/one-bath units. The total square footage of the two buildings is 10,709 square feet per county records. Each unit has their own carport and storage. In addition, there is an on-site laundry facility that produces extra income. 

$9,450,000

25,972  sqft

FREMONT BLVD
Fremont, CA

The ±25,972 square foot shopping center is situated on a ±1.70 acre parcel. The property is located at the corner of Alder Avenue and Fremont Boulevard. The building was constructed in 1990.

Alder Plaza is a multi-tenant shopping center with a mix of tenants offering a variety of food, laundry, health and beauty services. Current tenants are: Smile Care, Afghan Market, Little Clipper Kids Salon, Hair Express, 7 Hills Food and Liquor, Launderland, T4 Tea For U, Siddahartha International and Lizhou Restaurant. 

$2,225,000

6 units

WEST CALIFORNIA AVE
Sunnyvale, CA

This is a Multi-Family Home located at West California Avenue, Sunnyvale, CA. West California Ave has approximately 1,000 square feet. The property has a lot size of 9,147 sqft and was built in 1960.  

$13,000,000

34 units

Towle Apartments 
San Jose, CA

First time on the market in almost 25 years and very few upgrades allows for a significant add-value/re-positioning opportunity to sustainability increase in current rents 

$3,365,000

6 units

SOUTH ELDORADO ST
San Jose, CA

This property offers four spacious two-bedroom/one-bath units and two one-bedroom/one-bath units. The property was built in 1978 by its current owner and boasts 7,674 square feet on a 9,120 square foot lot. The asset has been very well maintained by the current owner and offers a tremendous amount of upside in rental income.

$2,902,577

9,200 sqft 

FAMILY DOLLAR
Baltimore, MD

Brand new 2016 construction with a rare 15.5 year absolute NNN lease; Zero management responsibility.

$2,750,000

8 units

LORTON AVE
Burlingame, CA

Located in Downtown Burlingame with significant upside in rental income and tons of long-term development potential. 

$1,250,000

5,886 sqft

ALMA COURT
San Jose, CA

Office Space with Front Entrance (±2,000 SF)
* ±2,000 SF
* Separate sub-meter
* 150 AMPs 120/208 volt 3 phase
* Conference, Open Space Showroom Floor
* Assembly | R&D office with Light Panel
* Server Room
* Two private offices

Warehouse in the back (±3,886 SF)
* 18 feet ceiling height
* Roll up door
* Storage room 
* 400 AMP 120/208 Volt 3 Phase Capacity
* approx. 10 parking spaces

 

$1,760,000

4 units

WELDWOOD COURT
Los Gatos, CA

Constructed in 1963, the 3,681 square foot property sits on a 13,068 square foot lot and features a three-bedroom/two-bath unit, two two-bedroom/one-bath units, and one one-bedroom/one bath unit. The property provides an opportunity to acquire a multi-family asset situated in the highly desirable city of Los Gatos. The subject property is located within the Campbell Union School District where Marshal Lane Elementary and Rolling Hills Middle School have statewide API scores of 952 and 919 respectively (max 1000).

$16,900,000

93 units

METRO PARK APARTMENTS
San Leandro, CA

Built in 1963 and 1965, Metro Park is a 93-unit residential three-story community located along the well-traveled 14th and Bancroft Streets. The original interiors include a mix of studio, one-, and two-bedroom homes averaging 692 square feet. The interiors feature fully equipped kitchens with microwave, electric stove, refrigerators and sizeable private patios or balconies. The community boasts a well-appointed amenity package including a swimming pool with a spacious sundeck, and four on-site laundry facilities. Metro Park represents a value-add opportunity through the renovation of the unit interiors.

$1,475,000

4 units

MICHAEL DR
Cambell, CA

Located within walking distance to The Pruneyard in Campbell, Michael Drive represents an incredible opportunity to own a beautiful fourplex with a desirable unit mix close to one of Silicon Valley's most dynamic retail destinations. The property consists of one four-bedroom/two-baths townhouse, one two-bedroom/two-baths unit; one two-bedroom/one-bath unit; and one one-bedroom/one-bath unit. All units have either a private yard or balcony; with the four bedroom owners unit having a spacious back and side yard

$4,029,300

10 units

BROOKVALE DRIVE
San Jose, CA

This property was built in 1974 and consists of 7,382 square feet (per county assessor) of living space on a 15,732 square foot lot (per county assessor). The building contains ten units, offering an investor nine one-bedroom/one-bath units and one two-bedroom/two-bath unit. The building is a true pride of ownership property. Each unit is well maintained and some include upgrades such as granite counter tops, new appliances, and new cabinets. All units come with a private balcony or patio, and all units have built in air conditioning units. The exterior features new dual pane windows, new copper piping, new gutters, new exterior paint, a new water heater, mature landscaping and ample parking (16 spaces). Additionally, a new owner will have the option to capture immediate upside with 21 percent rent increases on seven out of ten units.  

$647,500

12 units

LARAMINE LANE
Sacramento, CA
$1,978,500

4 units

CARLTON AVE
Los Gatos, CA

Carlton Avenue, is an well maintained fourplex in the affluent town of Los Gatos. The property consists of two spacious two-bedroom/one-bath units and two, two-bedroom/one-and-one-half-bath units. Over the last few years the property has undergone numerous interior and exterior improvements. Some interior improvements include new kitchens and bathrooms, electric base board heating, hardwood floors throughout the living area and ceramic tile in the baths, ductless air conditioning units, and in-unit washer and dryer. Some exterior improvements include dual pane windows, security front door, all new electrical, rebuilt stairway, and insulation in the walls and ceilings.

$2,770,000

14 units

SOUTH 9TH ST
San Jose, CA

This property at South 9th Street is a 14 unit building located in the Downtown area of San Jose, California. It consists of two one-bedroom/one-bath units and 12 studio units. The property is situated a mere two blocks from the campus of San Jose State University. Additionally, being located in the "Capital" of the Silicon Valley, the property is in an area that is dense with major employers, retail options and lifestyle conveniences all within walking distance.  

Laramie Lane Apartments is a 12-unit apartment community comprised entirely of 2-bedroom 1-bath units that are 850 square feet. The two-story, garden style building was constructed in 1950 and the majority of the units have been updated since 2012. Nestled on a private drive in a residential neighborhood, the property provides a comfortable, private setting.

Laramie Lane residents enjoy easy access to Highways 160, 80, 50, and Business 80 allow residents to access major employment centers across Sacramento while being only minutes from burgeoning Arden Fair Mall. The property is also located 3.7 miles from the CSU Sacramento main entrance.   

$2,317,000

4 units

7190 GALLI CT
San Jose, CA

The Galli Court Apartments is a four unit building located in San Jose, CA on the City of Cupertino border. The property is situated within the Cupertino Union and Fremont Union High School Districts, two of the most desirable school districts in the state of California. The property’s South Bay location positions it in close proximity to major employers including Apple Inc., Adobe, Intel Corp, Symantec and Kaiser Permanente along with over 60 other high tech firms in the immediate vicinity.

$2,254,000

4 units

1798 GALLI COURT
San Jose, CA

The Galli Ct Apartments are also located within the Cupertino Unified and Fremont Union High School Districts; which, are consistently regarded as one of the best school districts in the country. All three feeder schools; elementary, middle and high school have a perfect, statewide API ranking of 10 out of 10.

1/2
$1,588,000

2 units

LOCKSUNART WAY
Sunnyvale, CA

This property has a sleek contemporary design with decorative pendant and recessed lighting, white granite counters, stainless steel appliances, panel doors, thermal pane sliding windows, covered porches, and a wrap around courtyard patio with custom border fence. Ideally positioned for easy transit near highways 280 and 237 and 85, and proximate to the Sunnyvale Cal train Station.

$2,271,250

4 units

7199 GALLI
San Jose, CA

All units are spacious two bedroom one and one half bath townhouse style units. The property was extensively renovated in 2014 with completely updated interiors. Improvements include all new bathrooms with subway tile, Carrara marble vanities, all new hardware and fixtures, all new shaker cabinets, quartz kitchen counter tops, stainless steel appliances, hardwood laminate flooring throughout the first floor, new carpeting upstairs and dual pane windows.  

$2,277,000

4 units

1789 GALLI COURT
San Jose, CA
$935,000

4 units

BRADFORD WAY
San Jose, CA

Bradford Way is a four unit apartment building located in the desirable Cambrian area of San Jose. The property has an excellent unit mix of four 2 bedroom/1 bath units as well as one covered parking space per unit. Each unit also enjoys their own private balcony/patio.

$5,600,000

20 units

LAUREL PLACE APARTMENTS
San Mateo, CA

Laurel Place Apartments was built in 1963 and is wood frame construction with predominantly stucco exteriors, a flat roof and a private patio and/or balcony for most units. The unit mix consists of 12, two bedroom one bath townhouse style units and eight, one bedroom one bath spacious flats. The fencing surrounding the units was recently replaced and the building was recently painted. The property features one covered carport parking space per unit and an additional five, uncovered open spaces. The property has an on-site laundry room with a debit card swipe system to provide the owner with additional income.

$1,850,000

20 units

HALL STREET APARTMENTS 
Visalia, CA

Hall Street is in a quiet residential neighborhood less than one mile from College of the Sequoias. The location is right off Main Street and provides easy access to Highways 99 and 168. The property is within one mile of large, grocery-anchored shopping centers as well as restaurants and small retail stores. 

This is a great opportunity to purchase a newer building with low vacancy, in a great location, with strong cash flow.

$2,500,000

0.93 acres

TACO BELL 
Las Vegas, NV

The property is leased on a triple net expense basis and there are no landlord responsibilities. The lease is guaranteed by Las-Cal Corporation, which operates 65 Taco Bell franchise restaurants throughout the state of Nevada. The company was founded in 1962 and is based in Las Vegas; it is the only Taco Bell franchisee in the state. The subject property is one of a few select stores that currently serves the new breakfast concept.

$4,800,000

9 units

TOWLE TOWNHOMES 
Palo Alto, CA

Towle Townhomes is a nine unit apartment building located in Palo Alto, one of the most desirable cities in the heart of the San Francisco Bay Area. The property is in close proximity to major employers including Stanford University, Hewlett-Packard (HP), VMware and Tesla Motors. It has also served as an incubator to several other high technology companies over the years such as Apple Inc., Google, Facebook, and PayPal. Less than two short miles away is Stanford Business Park with over 140 different companies and 23,000 employees.

The property is situated within the Cupertino Union and Fremont Union High School Districts, two of the most desirable school districts in the state of California. The property’s South Bay location positions it in close proximity to major employers including Apple Inc., Adobe, Intel Corp, Symantec and Kaiser Permanente along with over 60 other high tech firms in the immediate vicinity.

$1,515,000

5 units

THE DONBAR APARTMENTS
Redwood City, CA

The Donbar Apartments located in Redwood City offers an investor the unique opportunity to acquire a rental property in one of the healthiest and most attractive submarkets on the Peninsula. The subject property is located only blocks from Sequoia Station and downtown Redwood City.

$2,525,000

10 units

CORTEZ DRIVE
Sunnyvale, CA

The ten-unit apartment building was built in 1963 and has a gross livable area of 6,837 total square feet. The property boasts an excellent unit mix of (2) two bedroom/ one bath units and (8) one bedroom/one bath units. The property offers on-site laundry and lies on a 14,810-square foot lot.

$1,200,000

3 units

WELDWOOD CT
Los Gatos, CA

Weldwood Ct is a triplex located in the affluent City of Los Gatos, CA. The property boasts an exceptional unit mix with one two story three-bedroom/two and one half bath owners unit, one two story two-bedroom/two and one half bath unit and one two-bedroom/two-bath flat. The units average over 1,364 square feet each for a total square footage of 4,093, making it larger than most four unit properties in the area. Each unit includes washer/dryer hookups, a gas fireplace, central forced air heating dishwasher and disposal. Each unit also has a patio or balcony, covered parking and individual hot water heaters saving the owner on rising utility expense.

$9,350,000

27 units

CRYSTAL LAKE APARTMENTS 
Millbrae, CA

Crystal Lake Apartments is a beautiful hilltop, 27 unit apartment building located in Millbrae, California. The property boasts close proximity to several of the Bay Area's top employers such as Oracle, Electronic Arts, Gilead Sciences and Genentech. Additionally, just 14 miles north is the massive economic and employment center of the City of San Francisco. The property’s location allows for convenient commutes to job centers throughout the region with direct access to Interstate 280 and 380 and Highway 101. Just south of the property along 280 is state route 92 (San Mateo Bridge) which provides a thoroughfare to employment centers in the East Bay. Millbrae also has the southern most BART station on the Peninsula, where SamTrans and Caltrain also converge to offer public transit options to the businesses and residents of Millbrae and the surrounding communities. The property is also just a few minutes away from San Francisco International Airport.

$1,625,000

12 units

EAST WILLIAM ST 
San Jose, CA

The property is a 12-unit apartment building totaling approximately 7,620 gross square feet, per property tax records. The subject property was built in 1957 and features four two-bedroom/one-baths and eight one-bedroom/one-baths units. Each of the units have individual gas and electric meters. The building is constructed of wood framing with stucco exteriors. The roof is sloped composition shingle and the parking surface is concrete and asphalt. There are a total of nine parking spaces, five covered and four uncovered.

$12,139,000

48 units

THE ARLINGTON 
Redwood City, CA

The Arlington is a well-maintained 48 unit apartment building located in Redwood City in the heart of the San Francisco Bay Area. The property boasts close proximity to key employers, major freeways, public transportation, award-winning schools, expansive retail and an abundance of open space and recreational outlets. Redwood City is approximately 28 miles south of downtown San Francisco and 23 miles north of San Jose, allowing easy access to both metropolitan cities. Additionally, downtown Redwood City has become an entertainment center for the Peninsula with extensive shopping, entertainment and social events.

$1,767,000

10 units

DUNSTER DRIVE 
Campbell, CA

The subject property located at Dunster Drive in Campbell, California was built in 1958 and consists of 6,624 square feet of living space on an 13,464 square foot lot. The asset consists of ten units offering an investor a unit mix of five one-bedroom and one-bath and five two-bedroom and one-bath units. This unique opportunity is located directly across the street from the Campbell Community Center and a short walking distance from Downtown Campbell.

$970,000

6 units

CURTNER AVE 
San Jose, CA

The property at Curtner Avenue is a well-located six unit building on the San Jose/Campbell border. The property has nearby access to Highway 17 and 85, also is within a mile of the Winchester Light Rail Station. The property also benefits from its close proximity to retail, shopping and entertainment located along Bascom and Camden avenues and also the historic Downtown Campbell. 2220 Curtner Avenue sits on a corner lot and has good visibility from traffic on Curtner Ave. It boasts an excellent unit mix with three one-bedroom/one-bath units, two two-bedroom/two-bath units and one three-bedroom/two-bath unit. 

$1,151,000

10 units

RICHMOND AVE
San Jose, CA

This subject property consists of two buildings that have four units each. Each building has four two-bedroom/one-bath units. The units have double paned windows, new pergo floors, new paint as well as new roofs for both buildings.

$1,767,000

4 units

STARR ST 
Fremont, CA

For the first time on the market in over 30 years, 43130 Starr Street is a four unit apartment building that boasts an impressive unit mix of three two-bedroom/one bath units and one three-bedroom/two bath unit with an average size of 872 square feet. The property has been well-maintained over the years with a fully renovationed two bedroom unit completed in May 2012. The unit was upgraded with a new kitchen, updated bathroom, new flooring and paint. In addition to the four legal units, the property also has a fifth unit. It is a non-conforming studio that brings in an additional $800 per month. The non-conforming unit has also been completely renovated. All of the units have significantly below market rents allowing a new owner to capture immediate upside by serving rent increases.

$1,850,000

7 units

BROADWAY 
Millbrae, CA

The property at 1385 Broadway is located in the city of Millbrae, less than 10 miles from the city of San Francisco. It is less than two miles to major highways 101 and 280 allowing direct access to employment centers throughout the Bay Area. Nearby is the San Francisco International Airport and Mills-Peninsula Hospital which has undergone millions of dollars in renovation in the last few years. Downtown Millbrae, also on Broadway, with its shopping, dining and entertainment is only short walk away. The Millbrae BART station is also less then one-half-mile away. 

$900,000

7 units

TOPEKA AVE 
San Jose, CA

Topeka is a seven unit apartment building located in the vibrant west side area of San Jose, CA. The property consists of a single building with a pitched composition shingle roof, stucco exterior, carport parking and enclosed garages. The property has undergone numerous renovations over the last nine months including interior upgrades, dual pane windows and new paint.  

$1,975,000
$835,000

6 units

SOUTH 10TH ST
San Jose, CA

The property is a high quality, two story building over podium style parking. At the rear of the building is additional carport parking. Improvements include dual pane windows and a new exterior paint on most of the building. There was also a significant amount of stucco and dry-rot repair to the exterior walls. One of the units has been upgraded with new cabinets, granite counters and tile flooring and the rest of the units have been well-maintained.

18 units

CADILLAC DRIVE 
San Jose, CA

Well maintained Near Downtown Campbell, Santana Row.Many improvements : resurfacing of parking lot& driveway and repair and reconstruction of crushed sewage drains.Re piped. Units re-carpeted, replaced appliances. All up to code