Open House: Thu, Jan 23rd 11:00 AM - 1:00 PM PST

Active

5500 Camden Avenue

San Jose CA, 95124

$10,980,000


$374.00 per sqft

Active

29,358 sqft

Commercial

Built in 1974

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.

ML81990254

MLS ID

January 13, 2025

Listed

January 15, 2025

Updated

Map

5500 Camden Avenue
San Jose CA, 95124

Interior Features

Appliances

Dishwasher, Refrigerator


Laundry Description

Coin Operated


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

1.54 Acres


Roof

Composition Shingles


Sewer

Public Sewer

Other Property Details

Area Name

San Jose


Garage

No


Parking

Covered, Assigned


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R3H

Open House Schedule

Thu, Jan 23rd

11:00 AM - 1:00 PM PST

Listed by Nate Gustavson with Compass
Listing Contact: 415-786-9410 

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