Levin Johnston Featured in RENTV
San Jose Multifamily Property Trades for $350k/Unit
Delano Apartments, a fully upgraded 35-unit multifamily community in San Jose, sold for $10 mil, or $350k/unit. Located at 272-280 La Pala Dr, the property is in close proximity to major employers, transportation corridors, shopping, dining and entertainment options.
Situated on 0.84 acres, Delano Apartments was built in 1960 and offers an attractive mix of one- and two-bedroom floor plans. The property features a community swimming pool, on-site leasing office, coin-operated laundry facility and secured gated perimeter with security cameras. The newly renovated units offer renters granite countertops, engineered hardwood flooring, stainless steel appliances, and modern light fixtures.