$2,988,000

Fama Apartments is a well-situated 12-unit apartment community located at 121 N 8th St, just steps from Downtown San Jose and San Jose State University. Situated on a parcel of land totaling 9,453 square feet, the subject property was originally constructed in 1958 and features a gross building area of approximately 6,779 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Additionally, tenants enjoy convenient community amenities such as private carport parking and an on-site laundry facility. Fama Apartments is steps from Downtown San Jose and is within close proximity to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located within walking distance to San Jose State University and is within close proximity to the historic Santa Clara University. The community also benefits from its proximity to some of San Joses largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco.