127 Rancho Drive, San Jose, CA 95111

List Price
$11,490,000
Status
ACTIVE
MLS#
ML82017954
Year Built
1990
Lot Size
47,262
Acres
1.09
Days on Market
30
Property Type
Commercial

Property Description

Marcus & Millichap is pleased to present Rancho Vista Apartments, a well-maintained 1990-built asset in San Jose, exempt from the city's rent control ordinance. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, updated bathroom vanities, and new dual-pane windows and sliders. The property's modern construction offers desirable features such as private balconies or patios, dedicated parking for every unit, and three newly constructed laundry facilities. The property is fully SB-721 compliant and exempt from the San Jose soft story retrofit ordinance. Set on a generous 1.08 acre-parcel, Rancho Vista offers residents exceptional privacy, generous open space, and a true condo-quality living experience in the heart of the Silicon Valley.

Additional Information

Taxes
$161,311
Heat
Electric, Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Tile
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$918,687

Listing courtesy of Listing Agent: Eymon Binesh (ebinesh@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.