INVESTMENT OVERVIEW
This property is located at 1584 Hollenbeck Avenue, presenting a great opportunity for investors to acquire property in Silicon Valley. This well-maintained 6-unit apartment building was built in 1961, and presents an income opportunity because current rents are under market. It is comprised of four (4) one-bedroom/one bath units at 750 square feet and two (2) two-bedroom/one bath at 850 square feet, totaling 4,741 square feet of living space on a 8,820 square feet lot.
With mature landscaping, 1584 Hollenbeck has great frontage and curbside appeal because it is situated along a high traffic avenue. The exterior of the building facing Hollenbeck Avenue has brick siding and wood frame with pitched composition shingle roof. The rest of the building has a stucco exterior. Residents can enjoy the convenience of an on-site laundry facility and on-site parking consisting of six tuck under and two open parking spaces on asphalt surface.
The residents at 1584 Hollenbeck can walk to Serra Park across the street. This park is spread out on 13.2 acres of meticulously landscaped grounds. Serra Park offers four picnic sites, a children's play area, and a skating rink. Also within walking distance is the Regency Center. |