A very spacious one bedroom & 1 bath condo on the 3rd floor is coming to market soon in the much sought after Axis building in San Jose.
890 square feet on the same floor as the pool and patio area. One floor up from the gym.
Gleaming dark wood floors in the living room and kitchen.
This is an excellent unit in the heart of downtown San Jose and will be priced very well. Call for details and to arrange a showing.
Mario Pinedo has created this blog as a venue for all real estate associated with the rise of downtown San Jose. The three premier condo buildings give the blog its short & powerful name. Mario specializes in the downtown San Jose market & knows each building intimately. If you want the best floor plan at the best price in the best building, call Mario at 415-269-6249 now!
Thursday, May 2, 2013
Monday, March 25, 2013
Downtown San Jose's Axis building just had the most resale activity in one week in recent memory! Two 975 square foot units hit the market this week for sale.
One unit on the 6th floor and one on the 12th floor. Views are excellent facing North to the airport. Each unit is a 1 bedroom plus Den layout. Hurry while this glut of inventory is still available.
We are also tracking two REOs in the downtown marketplace which could be very good deals for the right investor or owner occupant.
Saturday, May 28, 2011
360 Residences was developed as a condo project some 4 years ago. The developers originally took deposits on the unfinished units to sell. The market got softer and many of the purchase contracts went into limbo or the deposits were returned. In 2010, the building was re-introduced into the for sale market with new pricing. But... sales did not go well and the whole building eventually reverted back to the Bank that lent on the project. Kennedy Wilson - a real estate investment group - bought the loan and eventually the property from US Bank. Kennedy Wilson plans to hold the asset as a rental property for the foreseeable future. The apartment market in Silicon Valley is very hot and Kennedy Wilson will be a happy landlord. Years from now, if economies turn to a much more favorable condo sale market, then we may see 360 Residences emerge again as hot condos to buy.
Wednesday, April 13, 2011
I just toured my favorite downtown San Jose new construction condos and have a short list of the three best 2 bedroom 2 bath units. There are many considerations when choosing which floor plan, floor and orientation. Some floor plans are wonderful and some leave a lot to be desired. This is also paired with what the developers are pricing them for at the time. Many new construction developers put some slow selling units on "sale" and others are priced at a premium. Which one you choose will make an impact on your happiness living there and the ease of sale or rental when you move to your next home. Let me help you with the process of picking the best downtown San Jose condo for you, now and in the future.
Thursday, April 7, 2011
9th floor corner unit for sale in the Axis for $557,000. 1,296 square feet, 2 bedrooms, 2 baths. This unit has wonderful views of the pool area and views between the neighboring buildings to downtown San Jose. Very nice living space and large kitchen make this a showcase unit to call home. Call us for a private showing of the rare corner unit at San Jose's great Axis condo building.
Tuesday, February 22, 2011
Linda Phuong, my favorite underwriter at CS Financial in Campbell just updated www.bayareainvestmentrealestate.com about the coming extra costs of mortgage insurance on FHA loans. Linda is a DRE licensed underwriter who is the final decision maker on home loans. This is a huge advantage when you have a true pre-approval in order to make an offer on your next home or for a refinance.
Wednesday, January 5, 2011
Check out this awesome deal at 167 E. Empire Street in downtown San Jose for a bank owned condo. 2 bedrooms, 1 bath, 876 square feet, Low HOAs of $284 per month and a nice location at the corner of North 5th Street. Very aggressive pricing by Saxon Bank on this REO condo in downtown San Jose. Call me on my cell to tour this property today.