315 E San Fernando ST Open House Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95112
OPEN HOUSE
Wed Apr 23, 11:00am - 1:00pm Fri Apr 25, 11:00am - 1:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82002833
Year Built 1962
Annual Tax Amount $128,883
Lot Size 0.433 Acres
Property Description
Marcus & Millichap is pleased to present El Dorado Apartments, a rare opportunity to acquire a high-quality multifamily asset across from San Jose State University. Located at 315 East San Fernando Street, this well-positioned property features 29 spacious two-bedroom, 1.5-bath units and one two-bedroom, one-bath unit. The building totals 30 units, offering approximately 27,552 square feet of living space on an 18,870-square-foot lot. Built in 1962, El Dorado Apartments is considered Type III construction and features a podium-style design, with a concrete target story providing enhanced fire resistance and structural integrity. This style of construction is more durable and costly to build, offering long-term value through concrete materials versus wood frame. With generous unit sizes, superior construction, and a desirable downtown location, the property delivers the ideal blend of convenience, durability, and strong rental demand.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning C
Interior
Cooling Wall/Window Unit(s)
Building
Water Public
Schools
Elementary Schools Horace Mann
Middle Schools Herbert Hoover
High Schools Abraham Lincoln
School District San Jose Unified
Others
Special Listing Condition Standard