E San Fernando Street
San Jose, California

MLS#: 374253932

$10,000,000 USD

  • Minimum sellable space
    27,552ft²
The details

Property features

Construction details

  • Year built: 1962

Other features

  • Cooling system: Window Unit(s)

Area

  • Property size: 27,552ft²
  • Land/Lot size: 18,870ft²

Description

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

San Jose, California
Courtesy of Jimmy Castellanos Marcus & Millichap