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1360 Palm St, San Jose, CA, 95110
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1360 Palm St San Jose, CA, 95110

$2,800,000 Commercial for sale Other

Magnify Real Estate is pleased to exclusively present the opportunity to acquire 1360 Palm St, a ten (10) unit value-add investment located in San Jose. Constructed in 1951, the property comprises 10 spacious one-bedroom/one-bath units, totaling 5,540 square feet of building space on an expansive lot of 11,832 square feet. It features dual pane windows, a common area courtyard, carports, and select units offering ensuite washer/dryers or hook-ups. This investment has the potential to add washer & dryers in each unit, along with additional ADU potential. The property is a few miles from San Jose State University, SoFA District, and Downtown San Jose. It is conveniently accessible to Highways 87 and 280. Finally, its close proximity to major tech employers such as Adobe HQ, eBay, and Zoom makes it an attractive location for potential tenants seeking employment opportunities.
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Property details

5,540 sqft interior area
Land area
11,761 sqft (0.27 acres)
Days on Verhouse
35
Address
1360 Palm St, San Jose, CA, 95110
City of California
San Jose
County
Santa Clara
Year Built
1951
District
Listing

Nearby major retailers

Costco
Costco #129
Costco Tire Center
AutoZone
Walgreens
CVS Pharmacy
Petco
O'Reilly Auto Parts
7-Eleven
Chevron
Rite Aid
Whole Foods Market
Macy's
Verizon Wireless
Shell
MetroPCS
Public Storage
Jiffy Lube
See's Candies
The Home Depot
Dollar Tree
Ross
Big Lots
Gucci
Apple Store
Marshalls
GNC
GameStop
Supercuts
T-Mobile
AT&T
Nordstrom
Walmart Supercenter
Safeway
Staples
Kohl's
Crate & Barrel
TJ Maxx
Trader Joe’s
Lowe's
Trader Joe's
Trader Joe’s San Jose Coleman Avenue
Jamba Juice
Pet Food Express
Sears
JCPenney
Walmart Neighborhood Market
Ace Hardware
Dish Network
Bloomingdale's
Wholesale: 3
Tyres: 1
Car parts: 17
Chemist: 16
Pet: 2
Convenience: 53
Supermarket: 15
Department store: 20
Mobile phone: 35
Storage rental: 5
Car repair: 4
Confectionery: 5
Do it yourself: 9
Variety store: 8
Jewelry: 1
Electronics: 2
Nutrition supplements: 4
Video games: 4
Hairdresser: 7
Stationery: 2
Beverages: 2
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Interior Features

Garage & Parking
Covered, Assigned

Listed by

Amit Urban, Magnify Real Estate
Name
Amit Urban
License number
01998926
Brokerage company
Magnify Real Estate
MLS #
ML81959360

Payment calculator

Calculate your monthly payments
Mortgage
$8,597
Taxes
$0
HOA dues
$0
$8,597 per month
Mortgage
$560,000 / 20%
2.28%
30 years
Your amount $8,597 / month

Lot details

TMK #43412090
Parcel nr.
43412090

95110 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 95110

46%
Families with children
National average: 39%
35%
Non family households
603,069
Population
$124,240
Average Income

Age & gender

Median age 36 years
More info

Commute types

83% commute by car
More info

Education level

24% have bachelor education
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Number of employees

2% work in management
More info

Vehicles available

37% have 2 vehicle
More info

Vehicles by gender

37% have 2 vehicle
More info

Housing market insights for

$1.27m
Neighborhood average
sales price*
$1.13m
Neighborhood median
sales price*
645
Number
of sales*

Housing type

46% are single detacheds
More info

Rooms

34% of the houses have 4 or 5 rooms
More info

Bedrooms

56% have 2 or 3 bedrooms
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Owners vs Renters

50% are renters
More info
14.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Mar 29, 2024
Date Event Price $/sqft Source
Mar 29, 2024 New Listing $2,800,000 +117.9% 0 MLS #ML81959360
Nov 21, 2005 Sold $1,285,000 0 Public Record
Nov 21, 2005 Price Decrease $1,285,000 -0.77% 0 MLS #ML80535862
Nov 3, 2005 Under contract $1,295,000 0 MLS #ML80535862
Jun 27, 2005 New Listing $1,295,000 +21.03% 0 MLS #ML80535862
Apr 21, 2005 Sold $1,070,000 0 Public Record
Apr 21, 2005 Price Increase $1,070,000 +4.39% 0 MLS #ML80504758
Feb 18, 2005 Under contract $1,025,000 0 MLS #ML80504758
Jan 31, 2005 New Listing $1,025,000 0 MLS #ML80504758

Taxes of 1360 Palm St, San Jose, CA, 95110

C2H zoning / MLS #ML81959360
Zoning
C2H

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Frequently Asked Questions about 1360 Palm St

What is 1360 Palm St?

1360 Palm St is a Commercial/Industrial propertywith 5,540 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

1360 Palm St, San Jose, CA, 95110.

What comparable properties are nearby?

Comparable nearby commercial properties include 1595 Pomona Ave, 1016-1018 S Almaden Ave, 1016-1018 S Almaden Ave, 215 Oak St, 694 S 2nd St, 1342 Lincoln Ave.

Based on information from the bridgeMLS as of 05-02-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 30, 2024
Verhouse Last checked 1 minute ago


The closest grocery stores are Arteaga's Food Center, 0.44 miles away and Walmart Neighborhood Market, 0.61 miles away.
The 95110 zip area has a population of 603,069, and 46% of the families have children. The median age is 36 years and 83% commute by car. The most popular housing type is "single detached" and 50% is renter.
Commercial For sale $2.8m 1360 Palm St, San Jose, CA, 95110 Save House Remove from Saved