$2,500,000
Located in desirable West San Jose, 3538 Alden Way offers comfortable apartment living in a quiet, well-maintained community. The property consists of five spacious two-bedroom/one-bathroom units that average 1,045 square feet. The property has on-site shared laundry facilities, carports and open parking, and storage closets for all units. Additionally, each unit features a large, enclosed patio or balcony. The property has undergone extensive recent capital improvements over the last several years. The seller has installed dual-pane vinyl windows, fully repaved the parking lot, replaced the landscaping and irrigation system, updated the laundry room and installed a new water heater, replaced the gutters, and put new heaters in three of the units. These improvements provide tremendous value for the buyer as they eliminate the need for near-term capital improvements. 3538 Alden Way is just minutes from shopping, dining, and entertainment. Westfield Valley Fair has more than 200 restaurants and retailers across 2.2 million square feet of space, while Santana Row has about 90 shops and restaurants in nearly 500,000 square feet of space. The property is easily accessible from Interstate 280 and is a short commute to major employment centers in San Jose, Sunnyvale, and Santa Clara.
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Listed by Joshua Johnson with Marcus & Millichap (650) 391-1700
Property Type
Commercial Sale
Status
Active
MLS Number
ML82040558
Year Built
1958
Lot Size
8,398 sq ft