Property Details

470 Boynton AVE, San Jose

Photo of
Photo of
Bedrooms
Baths
29,716 Square Feet

$14,200,000

  • Status: Sold
  • Square Footage (+/-): 29,716
  • Lot Size: 47,431
  • Listed: 2/6/2018
  • Sold Date: 6/15/2018
  • Type: 701
  • Year Built: 1968
  • MLS: ML81691421
  • Elementary School District:
    Campbell Union Elementary District
  • High School District:
    Campbell Union High District
  • Elementary School:
  • Middle School:
  • High School:
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Mortgage payment: $60,982/mo.
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About 470 Boynton AVE

Turnkey investment opportunity. Well-maintained building. Attractive courtyard with pool. New dual paned windows, new hot water heaters, upgraded electrical, a/c wall units, fresh exterior paint. Copper plumbing throughout and to street. Parking lot resurfaced in 2017. Ample parking - 1.5:1. (35) Garages, (6) Carports, (20) Open Stalls. Earthquake retrofit. Mansard style roof with 30-year comp shingle. Laundry room with (4) washers and (4) dryers. Machines are owned. Private patios and balconies. Unit mix: (28) 1+1, (8) 2+1.5, (3) 2+1.5TH, (1) 4+2TH. Spacious units - average 743 SF each. Large lot - 1.09 acres. Outstanding rental location - convenient to Highway 280, San Tomas Expressway & Stevens Creek. Close to Santana Row, Valley Fair Mall, Apple Spaceship Campus. Blocks to upcoming 15 acre mixed use development. Tremendous upside potential - Market GRM: 13.44 and Market Cap Rate: 4.99%.


  • Garage Parking Features
    • Attached Garage
    • Covered Parking
    • Uncovered Parking
  • Heating
    • Gas
    • Wall Furnace
  • General Features
    • Cooling: Window / Wall Unit
    • Foundation: Concrete Perimeter
    • HOA Amenities: Common Utility Room
    • Roof: Mansard
    • Sewer Septic: Sewer - Public
    • Subclass: 701
    • Water: Public
  • Pool
    • Pool - Fenced
    • Pool - In Ground

Schools Near 470 Boynton AVE

Elementary Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Middle Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

High Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Other Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.


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$14,200,000

470 Boynton AVE
San Jose, CA 95117

  • Status: Sold
  • Square Footage (+/-): 29,716
  • Lot Size: 47,431
  • Listed: 2/6/2018
  • Sold Date: 6/15/2018
  • Type: 701
  • Year Built: 1968
  • MLS: ML81691421
  • Elementary School District:
    Campbell Union Elementary District
  • High School District:
    Campbell Union High District
  • Elementary School:
  • Middle School:
  • High School:
Schedule a Showing Save as Favorite Comparables Contact Lender
Mortgage payment: $60,982/mo.
close
Property Value:
Down Payment:
or
%
Interest Rate:
%
Loan Duration:
months, or
years
Monthly Payment:

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Listed by Justin Bautista, Newmark Cornish & Carey

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Updated on 11/12/2018