1136 Brace Ave, San Jose, CA 95125
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1136 Brace Ave San Jose, CA 95125

$6,000,000
  • 5 Beds
  • -- Baths
  • 14,457 Sq.Ft.
For Sale
$6,000,000 Get Pre-Qualified

Map preview of 1136 Brace Ave, San Jose, CA 95125

Property Overview: 1136 Brace Ave San Jose, CA has 5 bedrooms, -- bathrooms, 14,457 living square feet and 24,393 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located just steps away from downtown Willow Glen, 1136 Brace Avenue in San Jose is a rare investment opportunity with strong market fundamentals. This multi-family building was built in 1966 and is now on the market for the first time in over a twenty years. Comprising fifteen (15) units, the property features amenities such as a pool, covered parking, and on-site coin-operated laundry facilities, catering to tenant needs and enhancing rental income potential. With its stable rental history and potential for value-add through strategic upgrades, investors can benefit from immediate cash flow and long-term appreciation potential in Willow Glens thriving real estate market.

Listed by Kristine Lyng | BRE #02087428 | Taylor Properties
Co-listed by Robert Taylor | BRE #00303612 | Taylor Properties
Last checked: 12 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 52
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
24,393
HOA Dues
$0/mo
Year built
1966
Garage
--
Property Type:
Other
Status
Active
MLS#
ML81962072
City
San Jose
County
Santa Clara
Time on Site
60 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $1,482
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $2,995
  • Total Rent: --
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 0
  • # of Baths: --
  • Actual Rent: $1,491
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $2,211
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $407,371
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $6,858
  • Insurance: $9,996
  • Maintenance: $9,669
  • Other Expenses: $4,471

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Property Details for 1136 Brace Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Interior Features
  • Security Features: Security Lights
Exterior Features
Exterior Information
  • Roof: Bitumen, Metal
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
Lot Information
  • Lot Size Source: Other
Property Information
  • Parcel Number: 42917090
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Lincoln Avenue and Coolidge Avenue.
View more facts & features

Local San Jose Agent

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Sale History for 1136 Brace Ave

Last sold for $3,000,000 on October 25th, 2001
  • April, 2024

  • Apr 18, 2024

    Date

    Active

    CRMLS: ML81962072

    $6,000,000

    Price

  • October, 2001

  • Oct 25, 2001

    Date

    Sold

    CRMLS: ML80133495

    $3,000,000

    Price

  • Jun 13, 2001

    Date

    Active

    CRMLS: ML80133495

    $3,350,000

    Price

  • Listing provided courtesy of CRMLS

    **DO NOT DISTURB TENANTS**ONE OF A KIND DELUXE APART.COMPLEX W/TILE ROOF ON 2 LOTS, 1 BLOCK TO LINCOLN AVE.SHOPS, ETC. NEAR MINNESOTA**CURRENT INC. $189K IS APPROX. 38%*BELOW EST. MARKET INC. OF 305K*(8)2BR 1.5BA TH(APRX. 1122-1232 SF)

  • October, 1998

  • Oct 5, 1998

    Date

    Sold (Public Records)

    Public Records

    $1,257,000

    Price

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Tax History for 1136 Brace Ave

Assessed Value (2020): $3,926,790
Year Land Value Improved Value Assessed Value
2020 $898,278 $3,028,512 $3,926,790

Home Value Compared to the Market

This property vs the competition

1136 Brace Ave is listed 418.13% higher than the median list price for the city of San Jose which has a median list price of $1,158,000. The median price per/sqft for San Jose is $738 and this home is listed at $415.02 per/sqft which puts the price per square foot 43.76% lower than the median price per square foot for the city of San Jose.

About 1136 Brace Ave

Detailed summary of property

1136 Brace Ave is a other located in San Jose, CA 95125 and is currently for sale. This property offers 5 bedrooms, -- bathrooms, roughly 14,457 living square feet, and sits on an approximately 24,393 square foot lot. 1136 Brace Ave was first listed on ArdentRealEstateGroup.com on April 19, 2024. The homeowner is currently asking $6,000,000. The median priced home in San Jose is $1,158,000 with a median price per square foot of $738. Based on Ardent Real Estate Group's San Jose Market Data, this home is listed 418.13% higher than the median priced home. Local competing homes currently for sale include 1539 Lincoln Ave, 1048 S Los Angeles St and 215 E Washington Blvd. While the average home in San Jose, CA is selling in 266 days, 1136 Brace Ave has a days on market of 52 days. There are currently 3751 homes for sale in the San Jose real estate market and 2558 of them are single family homes while 721 of them are condos and 468 are townhomes. For more information on this home for sale at 1136 Brace Ave San Jose, CA 95125 contact Ardent Real Estate Group and we will put you in touch with one of our San Jose agents.

Public Facts for 1136 Brace Ave

Public county record property details
Beds
--
Baths
--
Year built
1966
Sq. Ft.
14,457
Lot Size
21,694
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Santa Clara
Lot#
--
APN
429-17-090

The source for these homes facts are from public records.

95125 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,698,000
Median List Price/Sq.Ft.
$909
Median Sold Price
$1,852,000
Median Sold Price/Sq.Ft.
$1,019
Total Inventory
366
Median Sale to List Price %
112.28%
Avg Days on Market
14
Loan Type
Conventional (77.78%), FHA (1.85%), VA (0%), Cash (20.37%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.