1643 Merrill Drive, San Jose, California 95124(Sold At) $1,656,000
The R&Z Group of Marcus & Millichap has been selected to exclusively market for sale 1643 Merrill Drive, a turnkey 4-unit apartment building located in the thriving city of San Jose, California. San Jose is a major city in the Silicon Valley and the ninth most populous city in the San Francisco Bay Area. Many of the largest technology companies have operations around San Jose including eBay, Adobe, PwC, Netflix, Apple, LinkedIn, Amazon, Microsoft, and SJSU. This location not only allows easy access to major highways, it also is located just over two miles from a number of different shopping, dining and entertainment selections provided by the Almaden Plaza and Westfield Oakridge as well as the Campbell and Cambrian School Districts.
Originally constructed in 1963 the subject property consists of 3,200 of livable square feet and is situated on a 7,040 square foot lot. 1643 Merrill Drive offers a desirable unit mix of four 2 Bedroom/1 Bath units. Tenants benefit from features such as designated individual car ports for convenient parking, on-site washer and dryers, and a large shared patio.
The investment appeal of this asset is driven by Santa Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1643 Merrill Drive presents an attractive choice for South Bay renters due to its fabulous location.
Property Type Multi Family
Property Status: Closed
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1643 Merrill Drive, San Jose, California 95124
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