San Jose, CA 95124,5500 Camden Avenue
Listed by Nate Gustavson • Compass
Bought with Robert Johnston • Marcus & Millichap

$10,800,000

$10,980,000

1.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

29,358 SqFt


SOLD DATE : 04/28/2025

Key Details

Sold Price $10,800,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 29,358 sqft

Price per Sqft $367

MLS Listing ID ML81990254

Sold Date 04/28/25

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1974

Lot Size 1.540 Acres

Property Sub-Type Other

Property Description

Compass Commercial and Marcus & Millichap are pleased to exclusively market for sale Holly Oaks Apartments, a 45-unit apartment community located at 5500 Camden Ave in San Jose, CA. This beautiful garden-style community is being presented to the market for the first time in more than 30-yrs. Built in 1974, The Holly Oaks are comprised of (5) two-story residential buildings and (1) single-story amenity building on a 1.54-acre lot. The community has 44 one-bedroom/one-bath units that measure 625 square feet and one two-bedroom/two-bath managers unit at 1,100 square feet. Project amenities include a leasing office, swimming pool, laundry facilities, and manicured grounds. There are 45 carports and 20 open parking spaces; a parking ratio of 1.44 spaces/unit. OWNERSHIP IS CURRENTLY REPLACING ALL OF THE ROOFS AT THE PROPERTY, eliminating a significant capital expenditure for the buyer. The property is easily accessible from Hwy 85 and is a short commute to major employment centers in San Jose, Los Gatos, and Campbell. Holly Oaks is also near major shopping centers & entertainment districts. Costco, Whole Foods, Target, Walmart and Safeway are located just minutes away. Westfield Oakridge Mall is three miles east of the property and downtown Los Gatos is less than five miles west.

Location

State CA

County Santa Clara

Interior

Heating Electric

Cooling Ceiling Fan(s)

Flooring Laminate

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Coin Operated

Building

Water Public

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bay East AOR and Contra Costa AOR
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 695-4001

hamed@bloomrealtors.com

1475. N Broadway Suite 440, Walnut Creek, CA, 94596,USA

GET MORE INFORMATION

Name
Phone*
Message