San Jose, CA 95112,315 E San Fernando Street
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with Jimmy Castellanos • Marcus & Millichap
$8,700,000
Est. payment /mo
$10,000,000
13.0%
Est.Price: ?

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27,552 SqFt
SOLD DATE : 07/15/2025

Key Details

Sold Price $8,700,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 27,552 sqft

Price per Sqft $315

MLS Listing ID ML82002833

Sold Date 07/15/25

HOA Y/N No

Year Built 1962

Lot Size 0.433 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

CALL FOR OFFERS: Wednesday, May 14th at 1:00 PM. 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

Interior

Heating Forced Air

Fireplace No

Exterior

Handicap Access Other

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