1024 Luther Ave., San Jose, CA
3 Units
Price: $1,280,000

1024 Luther Ave. is a 3 unit complex (triplex) that offers all the needed amenities paired with an excellent location. The property has three units that are all 1 bedroom and 1 bathroom. The combination of units that are over 650 square feet each and its location near Downtown San Jose adds to the overall desirability of the property, further driving robust occupancy.

The property sits a few blocks from The Alameda, a stretch of State Route 82 that serves as the center of culture and commerce for the community. There are over 50 restaurants, shops, and services. Among the major shops are Whole Foods Market, ACE Hardware, Five Guys, and CVS Pharmacy. Residents are also a short walk away from the SAP Center (aka The Shark Tank), home of the San Jose Sharks.

A few blocks from the property is the future site of Downtown West, Google’s mixed-use campus. This will present investors with a variety of opportunities during the construction when the campus opens along with any future plans Google might have for the area.

Property Highlights

  • Located in a quiet neighborhood while close to Downtown San Jose

  • Units have the option for a washer and dryer hook-up

  • Spacious units that are over 650 SF each

  • The Alameda is a few blocks away

  • SAP Center is within walking distance

  • Google's proposed San Jose campus will be within walking distance

  • San Jose State University is a short walk or drive away

  • Valley Fair Mall and Santana Row are within driving distance

  • Easy access to Highway 880 and Highway 280