950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo 950 S Bascom AVE photo

950 S Bascom AVE

$1,169,916 950 S Bascom AVE, SAN JOSE, CA 95128
This is a partial ownership interest only, not the entire building, AND PAYS MONTHLY DIVIDEND. Seller is selling a 2.9% ownership interest in the LLC that owns the building. This portion of ownership will give you 2130 SF of the building. Average comps in the area selling for 655.00 pr/sf. the subject is selling for 550.00 pr/sf due to partial ownership. All documents are available. Current occupancy is 86% and growing. rent revenue is 128,000 per month for entire building. Reserves at 275K currently. Excellent building location on Bascom ave close to major freeways, hospitals, shops & restaurants. Just minutes from Santana Row and future Google village. New building upgrades approx. 105K in 2021 and 94K in 2020 scheduled. Revenue 1.5 Million in 2021 and 1.7million projected for 2022 with projected 342K cash flow for 2022. HURRY, THIS IS A GREAT DEAL AND WILL NOT LAST LONG.NO HEADACHES, NO WORK, NO EXPENSES.....JUST COLLECT CASH EVERY MONTH AND WATCH THE PRICE GO UP YEAR AFTER YEAR.
  • For Sale
    Status
  • 1994
    Year Built

Features & Amenities

Area & Lot

  • Status: For Sale
  • Lot Size: 1.443 Acres
  • MLSยฎ ID: ML81885957
  • Type: COMMERCIAL
  • Year Built: 1994
  • View Description: Other

Interior

  • Flooring: Other

Exterior & Building

  • Stories: 3
  • Garage Space: 0
  • Water Source: Other
  • Utilities: Other
  • Roof: Other
  • Parking: Other
  • Heat Type: Other
  • Air Conditioning: Multi-Zone
  • Sewer: Other
  • Substructure: Other
  • Security Features: Other

Financial

  • Sales Price: $1,169,916
  • Zoning: CG

950 S Bascom AVE

Work With Sebastian

Seb is convinced that the greater San Francisco Bay Area is not just a nice place to live. He knows that it does, on balance, provides an unparalleled opportunity for folks who live here to live the best life imaginable.
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