$4,410,000

2970 Magliocco Drive, San Jose, CA 95128

  • 8,072 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $546/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

2970 Magliocco Dr is an exceptional 18-unit apartment community located in thriving San Jose, California. Situated on a parcel of land totaling 12,285 square feet, the subject property was originally constructed in 1962 and has a gross building area of approximately 8,072 square feet, offering its tenants beautifully designed two-bedroom and studio floor plans. The property is also located within half an hour of many additional distinguished educational institutions including Stanford University, Santa Clara University, and San Jose State University. In addition, the subject property offers a prime West San Jose location featuring convenient access to Downtown San Jose (7 miles) and Santana Row (2 miles) home to a myriad of high-end shopping, dining and entertainment options. The investment appeal of this asset is driven by San Jose's strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 2970 Magliocco Dr presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

Listing Status:
Active
Date Added:
April 30, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : (650) 391-1700
Listing Agent:
Robert Johnston : 650-391-1744
MLS ID:
ML82004853
  • A/C:
  • Heating: Wall Furnace

This listing courtesy of Robert Johnston, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lynhaven Elementary School

881 Cypress Ave, San Jose, CA, 95117

Grades KG-5

0.76 miles away

M

Monroe Middle School

1055 S Monroe St, San Jose, CA, 95128

Grades 6-8

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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