San Jose, CA 95124,5500 Camden AVE
San Jose, CA 95124,5500 Camden AVE
San Jose, CA 95124,5500 Camden AVE
San Jose, CA 95124,5500 Camden AVE
San Jose, CA 95124,5500 Camden AVE
San Jose, CA 95124,5500 Camden AVE
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$10,800,000

$10,980,000

1.6%
Est.Price: ?

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Est. payment /mo

1.54 Acres Lot


SOLD DATE : 04/28/2025

Key Details

Sold Price $10,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81990254

Sold Date 04/28/25

HOA Y/N No

Year Built 1974

Annual Tax Amount $137,525

Lot Size 1.540 Acres

Property 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.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3H

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Carport Spaces 45

Roof Type Composition,Shingle

Total Parking Spaces 20

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Dartmouth

High Schools Branham

School District Other

Others

Tax ID 56730014

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nate Gustavson • Compass
Bought with Robert Johnston • Marcus & Millichap
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