San Jose, CA 95112,315 E San Fernando ST
Listed by Jimmy Castellanos • Marcus & Millichap
Bought with Jimmy Castellanos • Marcus & Millichap
$8,700,000
$10,000,000
13.0%
Est.Price: ?

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4 BD
2.5 BA
27,552 SqFt

315 E San Fernando ST San Jose, CA 95112

Est. payment /mo
SOLD DATE : 07/15/2025

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Key Details

Sold Price $8,700,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 27,552 sqft

Price per Sqft $315

MLS Listing ID ML82002833

Sold Date 07/15/25

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1962

Lot Size 0.433 Acres

Property Sub-Type Five or More Units

Property Description

CALL FOR OFFERS: Wednesday, May 14th at 1:00 PM. 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

State CA

County Santa Clara

Area Central San Jose

Building/Complex Name El Dorado Apartments

Zoning C

Interior

Heating Central Forced Air - Gas

Cooling Window / Wall Unit

Exterior

Parking Features Underground Parking

Garage Spaces 30.0

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 467-24-109

Security Features Security Fence

Special Listing Condition Not Applicable

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agent

Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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