366 S Willard Ave, San Jose

NOW TOURING

• Thursday, September 19^th @ 12:30 pm – 2 pm
• Sunday, September 22^nd @ 11:30 am – 1 pm

The property will be incredibly attractive to an array of investors with over 16.7% of rental upside. 366 S Willard Avenue is a 1950’s constructed apartment building consisting of (4) 1-bedroom units and (2) 2-bedroom units. With a mix of renovated and original unit types,

a new buyer can execute value-added opportunities through significant rental upside. This is an ideal opportunity for an owner/user or an

investor to purchase a phenomenally located apartment property. Each unit has a spacious floorplan, allowing work-from-home capabilities

that are a luxury in a post-COVID world.

Property Description

Colliers is pleased to present 366 S Willard Avenue in the Buena Vista neighborhood of Central San Jose. The subject property is situated in a suburban location that benefits from a strong tenant profile. A mixture of tech knowledge workers along with workforce housing has combined for strong demand in the market with vacancy rates stabilizing at 5.4% as of Q2 ‘24. 366 S Willard Avenue is in a central location with accessibility to myriad amenities for tenants. High-end retail centers Santana Row and Westfield Valley Fair are just a half mile away, while everyday staples like Walgreens and Safeway are within a 5-minute walk, just around the corner on W San Carlos Street. Santa Clara Valley Medical Center and San Jose City College anchor the neighborhood, located just across Interstate 280 to the south (3-minute drive), making the subject property ideal for hospital employees and students alike. Commuters will also enjoy easy access to Cal-train with Diridon station less than 5 minutes away by car. Downtown San Jose is also a close 5-minute drive, providing tenants with premier shopping, dining, entertainment, and transit options, and easy access to San Jose State University and San Jose International Airport.