Happy New Year's Eve!

This year has been....____________. Fill in the blank for your most relevant description. I am sure we are all very glad to wrap up 2008. Home prices have dropped dramatically, the economy is hurting, friends have been laid off, bailouts, bank closures, investment houses disappeared, etc. etc. etc. Yuck!

And then I look at the things that I cherish. My kids, Max & Vivienne, now 10 years old. My lovely "significant other" with a smile that won't quit. My mom, grandma and other family members. My friends, coworkers, and the far flung supporters of my life and our community (from local to global). These "assets" never lose their value. In fact, they become more precious every day. I hope you have wonderful people in your life too.

It's time to be thankful for what we have and to look forward to what 2009 will bring. I wish you all a wonderful evening to wrap up this year and an awesome new year. May it be the best you can hope for. Happy New Years:-)

New Milpitas Listing

Great low pricing for 5 bedroom/2.5 bath bank-owned property!This home is 5227 sq. ft. lot, 1bedroom/1bath on 1st level, hardwood & tile floors, high ceilings in family room, very spacious backyard, open floor plan. Great neighborhood, adjacent to Milpitas Montessori school yard. Close to shopping and Hwy. 680. List price $599,845

Bank Owned 4-plex Listings In Silicon Valley

Here is a short list of some interesting bank owned REO fourplexes in the South Bay. The 5+ unit apartment market is very healthy because financing was based on the building's net operating income. The fourplex market has had the same hits that the single family sub-prime market had. So, this is where the deals are:

$869,875 1850 SOUTHWEST EXPRESSWAY, San Jose, CA 95126, 4,339 square feet
$799,900 3829 UNDERWOOD DR, San Jose, CA 95117, 3,986 square feet
$708,100 1407 CALLE ORIENTE, Milpitas, CA 95035, 2,944 square feet
$650,000 188 GRAMERCY PLACE, San Jose, CA 95116, 3,206 square feet
$529,900 1352 CARNELIAN DRIVE, San Jose, CA 95122, 3,214 square feet

Let's take advantage of the great rental market and the softness in the 4plex market.

We are tracking over 40 fourplexes in the valley alone!

Bank Owned Almaden Valley Home

Very gorgeous Almaden Valley bank owned home that has been updated throughout with remodeled kitchen and baths with new appliances, cabinets, and granite vanities. The backyard has a beautiful large in ground pool, fire pit, boat and RV parking. Excellent schools and neighborhood. List price $799,900. Please contact krasmussen@interorealestate.com for more information.

Santa Clara County Market Trend Week Ending 12/29/08

Please click on the below spreadsheets to view larger pictures of the Santa Clara County weekly stats.

30 year fixed rate near 5%

Conforming rates for a 30 year fixed were at 5.375% with zero points on Friday. This is a payment of $5.60 per $1,000 borrowed. If you pay one point, then your rate is 4.875% or a payment of $5.29 per $1,000 borrowed. This is a great time to refinance into a historically low rate.

Need a Lender For Your Rental Properties

Many investors are not able to take advantage of this great rental investment market. The reason is an arbitrary new rule that many banks have imposed. Most lenders are not making new loans to borrowers that have 4 mortgages over their whole portfolio. Heck, I have some clients with 40+ mortgages. All of those loans were taken out before this credit clamp down. We have researched and have found a good lender who is willing to lend with no limit on the number of loans. Yes, they are strict as to cash flow, debt to income, FICO, etc. And for a strong investor, this lender is ready to step up.

The interest rates would be about 5.5% full adjusted. Please call or email me and I can set you up with our great loan broker who has access to this lender.

Beautiful Willow Glen Home

Beautiful 4 bedroom, 2.5 bath Willowglen home, with open floor plan, nice size kitchen with center island, great for entertaining. Cozy family room with fireplace. Private backyard, and great neighborhood. List price $749,000.

Great Bank Owned Deal!

Very nice bank owned Blossom Hill home with an in ground pool a new remodeled kitchen with granite counter tops. This home consists of 4 bedrooms 2.5 bathrooms, family room with fireplace, breakfast nook, living room and dining room. Very nice size home of 2096 sq ft, with a lot size of 5663 sq ft. List Price $682,500

Just On The Market Bank Owned Campbell Home

Very new listing, just went on the market today and what a great deal it is. A bank owned 3 bedroom 2 bathroom spacious single family home located in lovely Campbell. The kitchen has a separate range top with newer counter and cabinets. Fireplace in living room that has added comfort and coziness to the home. For more information please contact krasmussen@interorealestate.com.

Recently "REDUCED" Cambrian Home

Great 4 bedroom/2 bath home in a great neighborhood with good schools and a lot of home for the price. This home is a bank owned and originally listed for $639,900 and recently reduced to $574,900. Spacious updated kitchen and large separate family room with fireplace. Come see for yourself!!

1st Time Buyer Seminar Dec. 17th

Please come join us tonight for our monthly Home Buyers Workshop seminar. You may bring you client who benefit a great amount of information. We hope to see you there!!

Santa Clara County Market Trend Update

Please click the above spreadsheets to view larger pictures

Country Cottage-Style Bank Owned Home

Very gorgeous Cottage-style bank owned home with nice wood railing porch. Country french kitchen with granite counters, island, and double ovens; updated baths, hardwood floors, crown moldings, two fireplaces, front room bay window with plantation shutters, huge enclosed patio sun room, deck off master bedroom with spa/hot tub. List Price $630,000. San Jose, Ca. For more information contact my assistant krasmussen@interorealestate.com.

Apartments For Sale

Apartments For Sale

9 Units In Great Central Coast Location

Aptos, California

Located on a quiet neighborhood setting in the desirable Seacliff Beach area, the property is just across Highway 1 from Cabrillo College and walking distance to some of the best beaches in Santa Cruz County. This building was built in approximately 1962 and the interior and exterior of the property has been well maintained.

• Asking Price $1,795,000
• Unit Description- The property consists of two-story building with a total of 9 units, 6-2 bedroom/1 ba, 2-1 bedroom/1 ba, & 1 studio
• Improvement Size- 5,578 sq ft
• Lot Size 8,189 sq ft
• Parking- 9 reserved covered spaces in a tuck-under carport

Please contact mario@interorealestate.com for more information.

Mervyn's Bankruptcy Leases Purchased by Kohl's & Forever 21

Good locations trump bad economic times.

I'm leading with the moral of the story. I know that is bass ackward. Although this market is somewhat that way too. So, it makes sense!

Have you seen a Forever 21 store? I have, they do not look like a company that would set up shop in a 80,000 square foot space recently occupied by Mervyn's. Maybe they will take a front corner section and install ice skating or a BMX park in the other 70,000 square feet. Now to be news worthy, F21 expects to widen their product line offerings and step up to a big box presence. I am NOT going to that new store with my daughter anytime soon.

Kohl's I understand. They were head to head competitors with Mervyn's. Although, may I ask, where was Target in this bidding?

The bankruptcy auction of these spaces yielded interesting results. F21 bid on some 70 Mervyn's locations. They walked away with 15. Other bidders were real estate investors. They undoubtedly won some spaces. Which probably will then be offered to the Kohl's and Forever 21 companies.

The auctions were oversubscribed because there was good value in the under- market leases that Mervyn's controlled. As in a previous posting, some of these spaces were at $.20 per foot! Bankruptcies gives us a good vantage point on real estate. Kmart went through the same process years ago. Some sites were swooped up (as in Kohl's first entry into the Bay Area) and other sites sit vacant in the middle of long stretches of highway from here to nowhere. Yes, that is why I like in-fill locations in strong metros. (Hmmm....is that the moral of the story?)

Great Investment 4 Unit Building In Campbell, Ca

Great investment opportunity just minutes away from Santana Row. This is a 4 unit bank owned building with lots of potential. The unit mix consists of 2 and 3 bedrooms units, and totaling in 3986 sq ft on a lot size of 6900 sq ft. List Price $799,900.

Wonderful Santana Row Unit for Sale

This unit has it all - 1 bedroom with den, loft unit, FACING Santana Row, the catwalk too, and no big red X earthquake support beam in the windows. Offered at a great price of $560,000. If you want a perfect location and amenity unit at a steal of a price, let me show you this today!

Excellent Deal in South San Jose

Lovely bank owned home on a quiet cul-de-sac. Great South San Jose location that's close to everything. This 4 bedroom, 2.5 bath is a large private lot with fruit trees, garden area, sparkling pool, covered deck, tool shed, extra parking, & lots more. Lots of interior upgrades & featuring dual pane windows, updated bathrooms, cozy wood burning fireplace, and an updated kitchen. You will love this home. List price $509,900. Please contact my assistant krasmussen@interorealestate.com for more details.

Santa Clara Weekly Stats 12/1/2008

Please click the above picture to view a larger version.

1st Time Buyer Seminar Dec. 17th - Changed the Date

Our monthly home buyer seminar that is usually on the 3rd Thursday of the month has been changed for the month of December. Please see the date below.

Sunnyvale Bank Owned Home

Beautifully remodeled and upgraded home in Sunnyvale. New upgrades include: kitchen cabinets, granite slab counters, kitchen appliances, carpet, bathroom vanity, front door, and many light/plumbing fixtures..More newer upgrades includes: roof, stucco, interior/exterior paint, double pane windows, tile floor, garage door, 6 panel interior doors. This property is bank owned and listed for $479,900. If you have further questions please contact my assistant krasmussen@interorealestate.com

For Sale Small Medical/Dental Building 3,533 Square Feet

Highlights

• $1,350,000
• 5 Units, 1 Vacant
• 4 Occupied Month-to-Month
• Value Added Opportunity
• Owner-User/Investor
• 100% MEDICAL FINANCING
• 0% Down MD, DDS, DO, DCLow 7, 10, 15 Year Fixed Rate15, 20, 25 YR Amortized3-2-1 Prepay PenaltyLoan includes improvements, equipment
  
• LAND: 12,632 SF (.29ac)
• SIZE: 3,533 Sq. Ft.
• BUILDING: Single Story, L Shaped
• PARKING: 24
• BUILT: 1954
• ZONE: R1-8 County

Please contact mario@interorealestate.com for more information

Bay Area Apartment Brokers Forum

Please come join

Group: Bay Area Apartment Brokers Forum - Established 1986 - (22 Years)
Guest Speaker: Robert Meyer, CCIM, MBA-Principal,Realty ExchangeSolutions
Topic: Tenant-In-Common Industry Overview2009
Date: Wednesday, December 10, 2008 - 8 AM
Place: First American Title Company, 1737 North First St., San Jose ---- 4th Floor
Breakfast: Continental Breakfast - no charge - First American Title/Exchange
Chairman: Richard Domich - CB Richard Ellis
Vice Chairman: Keith Suddjian - Cornish & Carey
Membership: Kari Noomen - Washington Mutual
Sponsor: Mary Kay Kennedy - First American Exchange
Sponsor: Joe Campi - First American Title
Sponsor: Paul Monaco- First American Title
Note: All present will have an opportunity to present their listings, buyer requirements, as well as their analysis of current events and market trends that directly effect the multi-housing (apartment) industry in Silicon Valley and greater Bay Area.
Adjournment: 9:30 AM
Jan. 14, 2009 Kari Nooman - Financing Multi-Housing Properties 2009
Feb. 11, 2009 Ric Russell - The Future of Multi-Housing Brokerage 2009
March 11, 2009 Larry Souza - Bay Area Multi-Housing Overview 2009

Santana Row Bank REO for Sale

The Margo building has a great opportunity for a 1 bedroom + den loft unit facing the East Foothills. 1,099 square feet, nice kitchen, very good condition. The parking at the Margo building is preferred over the DeForest building because you have direct elevator access to your floor from the garage. This unit is now bank owned and a very good value at $499,900. Now at this price, I expect over asking price offers which is very common these days on bank REOs. The banks or their listing agents now understand that sub-market pricing brings them fast sales. Call me to tour this great unit.

Happy Thanksgiving - Time to Remember and be Grateful

After a year of wonder, a year of gut-wrenching markets, trials, tribulations and more.... please everyone take the time to reflect and be grateful for what we have. Look around. Sometimes they don't appear evident - There are people who care about you, people who support you, carry you through the hard times, sometimes even without recognition. Thank the guy who cleans your office, your mailman, the receptionist at the front desk (as nutty as Corrine may be!) - thank your parents (I wish they are still alive) your siblings, your children, friends and any other loved one, here or there, alive or passed on. All these people make up the world that YOU live in. Everyone needs a hug and a short word of acknowledgement. Time to smile on them as they have been smiling on you this whole year. So, hold hands this Thanksgiving and be happy to be here, amidst all that we have.

If you want to give back in a great way today - please click on the link for Team in Training to help in the cure for Blood Cancers: http://pages.teamintraining.org/sj/lavatri09/jpham My good friend is running a triathlon to A. have a better butt and B. to support the research. Please give what you can. Thanks All!!! :-)

REO SEMINAR 12/11....'Unlock Hidden Wealth'

Unlock Hidden Wealth

Investing in Foreclosures, Bank Owned and Short Sale Properties

Join us for the FREE siminar and discover the "inside sercrets" of buying foreclosures.

• Exclusive access to bank owned inventory
• Great deals for first time home buyers and investors
• Learn how to profit from bank owned properties
• Positive cash flow on single family homes
• Strategies to get your offer accepted by the bank
• Special financing with 3.5% down payment

FREE EVENT

Thursday, Decemeber 11th

6:30 p.m. - 8:00 p.m.

10275 N. De Anza Blvd

Cupertino, Ca 95014

R.S.V.P. 408-342-8644

Real Estate Investment Software Seminar

Please look at this website: http://www.erealinvestor.com/

Mike Genstil, the CEO of eRealinvestor will be hosting a free presentation of his very impressive real estate investment analysis software in San Francisco a week from next Monday. Real estate investors are welcome to come and demo the software. Also, included for those who attend will be a 3 month free use of the service!

Where: 410 Townsend, San Francisco
Date and Time: December 8, 2008, 7pm-8pm - time to be confirmed shortly*

And... pizza and drinks...!

Please email me at mario@interorealestate.com to RSVP and to get the confirmation time sent to you.

Santa Clara County Weekly Stats, Week 11/25/2008

San Jose Bay Area Apartment Marketing Meeting for Real Estate Agents

Bay Area Apartment Brokers Forum
MARKETING MEETING Guest Speaker Monthly

DATE: Second Wednesday of Each Month
LOCATION: First American Exchange or Title Building
1737 N First Street
San Jose, CA
AGENDA:
8:00am Start
Guest Speaker
Property Presentations
Have - Wants
9:30 MEETING ADJOURNS

THE PENINSULA INVESTMENT FORUM provides the opportunity to market your exclusive for sale listings to professionals in the commercial investment real estate community. Please bring 40 copies of your package for presentation.
Minimum purchase price of $750,000.

Since 1986, the Bay Area Apartment Broker Forum has met to discuss multi-family invesetments in Silicon Valley.

Mervyn's Bankruptcy Leases for Sale

One of Mervyn's greatest assets is the leaseholds it has in prime retail locations in Arizona, California, Nevada, Utah, New Mexico and Texas. These leases have value because most of them are significantly under market and some are held for decades into the future. The fast approaching bid deadline is currently scheduled for December 5, 2008. For sale are 154 leases in the 6 states. A couple Bay Area leases are highlighted below:

375 N. Capitol, San Jose, 70,000 sqft, through 2020, rent $9.85 per year

749 E. Calaveras Blvd, Milpitas, 75,000 sqft, through 2041, rent $18.51 per year

1500 Del Monte Center, Monterey, 81,000 sqft, through 2040, rent $1.22 per year

950 W. Hamilton Ave, Campbell, 75,000 sqft, through 2019, rent $2.21 per year

350 Showers Drive, Mountain View, 64,000 sqft, through 2010, rent $2.55 per year

2675 Geary Blvd, San Francisco, 90,000 sqft, through 2047, rent $24.95 per year

880 Mowry Ave, Newark, 82,000 sqft, through 2049, rent $12.23 per year

Yes those rents are very low - take the Monterey building for example, they are paying approximately TEN CENTS per foot per month and they have control of the building for another 32 years!

If you want to make an offer on any of these. Give me a call ASAP.

Commercial Owner User Properties Now Available

It has been forever since there has been any real inventory of commercial property available for sale in the Bay Area. Now, if you are a dentist, doctor with a retail practice, retailer, or any other professional with a healthy business, you can finally acquire your own building. There are a good number of commercial single tenant and multi tenant strips for sale. These properties are even on major corridors such as Stevens Creek and El Camino! This downturn in the market is when you can make great strides against the competition and solidify your retail presence for the future.

Home Buyers Workshop

Reminder that on Thursday November 20th please come join us for our monthly Home Buyers Workshop. You are welcome to bring your clients who benefit from this information. If you have any questions please contact krasmussen@interorealestate.com

Perfect Location for Restaurant, Medical or Dental Use

"PRICE REDUCED".Perfect place to start your own restaurant business or to add an additional location. This space can also be turned into a medical or dental office which doesn't require much work from the San Jose planning department. This is a very rare opportunity to own your own business for such a great deal. This Restaurant has been completely rehabbed approximately three years ago with new kitchen appliances. There is even an outdoor patio seating area which makes lots of extra space to enjoy a wonderful meal. Come check it out and don't pass up a great opportunity. List Price $850,000.

Small Income Property in Santa Clara For Sale

For Sale

Santa Clara, Ca

• 17,400
• 8 Grade Level Doors
• $2,175,000
• $125
• $14,898 Monthly Gross Income
• 100% Leased
• 2 Tenants

Please contact mario@interorealestate.com for more information.

Campbell BANK REO - good deal & no offers

There is a well maintained single family home in Campbell that is a very good opportunity. I showed it this weekend and as of yet, there are no offers on it. This is rare for a bank owned property. The other few homes I showed this weekend all have multiple offers being reviewed. 3 bedrooms, 2 baths, quiet street, 1100 square feet, new kitchen, nice floors, etc. Perfect rental house, perfect started home. Call me to tour right away!

Deals require urgency

I have been showing some great condos, townhouses and single family homes in the last few weeks in San Jose. The bank owned properties are out there in good numbers and mostly priced very well. This great inventory is also paired with a fleet group of buyers who know good deals when they see them. And low and behold, a day or two later, active listings become pending sale listings. The deals are out there yes. To get them though, you must act efficiently. Whomever buys a home in the San Jose area this year will be very happy in years to come. If you want some help sourcing great homes and making offers, give me a call. My track shoes are on!

Best Priced Duplex With Cupertino Schools

Best priced duplex listing in Sunnyvale, Ca. Great Cupertino schools and great location of home. Unit 1 is a 3 bedroom/2 bath approximately 1,400 sq ft. Unit 2 is a 2 bedroom/ 1 bath and approximately 832 sq ft that totals about 2234 sq ft on a lot size of 7,260 sq ft. List Price $875,000. If you have any questions or would like more information on this duplex contact krasmussen@interorealestate.com.

Excellent House for Excellent Price in San Jose

This Cambrian Home is Dialed!All Remodeled and beautiful!Gorgeous kitchen w/glazed white cabinets, slab granite, newer appliances, and breakfast bar!Hardwood floors throughout!Dual Paned windows/doors!Cozy Fireplace!Recessed Lighting!Crown Molding and newer baseboards,trim moldings,and interior doors! Large front yard with white picket fence. Entertaining deck and large lawn in rear yard.Pottery Barn Colors!Extra Office in Garage! List Price $599,000

Santa Clara County Market Trends

Please click diagram to view a larger picture.

Home Buyers Workshop

Walgreens Exclusive NNN Investment Opportunity

565 East Centennial Parkway, Las Vegas













Investment Highlights

• Absolute Triple-Net (NNN) Lease with Corporate Guarantee
• 75 Year Lease Term
• 2008 Construction
• Building Size: 14,820 sq ft
• Standard and Poor's A+ Rated Company
• Located on a "Hard Corner" within strong retail corridor in North Las Vegas
• Directly South of New Kohl's anchored shopping center
• Projected population increase of 37.89% within a mile radius

Please contact me for more information and if you have any questions.

CCIM Silicon Valley District Meeting

CCIM Silicon Valley District Meeting
Wednesday, November 19

Bay Area Development: Trends, Challenges, Future Vision

Jeff Birdwell – Sares Regis; President Commercial Division. The Sares Regis Group is one of the largest most diversified real estate companies in the Western United States. They develop, acquire, build andmanage a variety of commercial properties. Jeff will speak about leasing and development trends, construction costs, challenges encountered in the development process, working with different cities (why some are easier to work with than others), etc. He will also address the financing environment for new projects and his vision for the future of Bay Area projects.

Mr. Birdwell joined Sares Regis in 1987 and manages the Northern California Commercial Division, overseeing office, R&D, industrial and retail developments and commercial acquisitions. The Commercial Division is currently developing approximately 80 acres of land in the Bay Area. These projects include over 750,000 square feet of office, 600,000 square feet of industrial, 60,000 square feet of retail and 650 units of senior housing. This team has also acquired over 1 million square feet of office and industrial properties since August of 2007. During his 20+ year tenure at Sares Regis, Mr. Birdwell has managed over $2 billion of projects to successful completion (over 4 million square feet). He began his 30-year career in real estate by working in the construction industry on large commercial projects with C.L. Peck Contractor in Los Angeles. Mr. Birdwell received his Bachelor of Science Degree in Civil Engineering and a Masters Degree in the Construction Engineering and Management Program from Stanford University. He also holds a Bachelor of Arts Degree in Economics from Claremont Men’s College. Mr. Birdwell is a Consulting Faculty member at Stanford University’s Department of Civil Engineering, Construction Engineeringand Management, where he teaches a graduate-level course in Real Estate Development.

Nanci Klein – San Jose Economic Development Department. She will be speaking about the future growth of San Jose, including “Envision 2040” which is the general plan update currently underway. She will also discuss exciting developments going on in downtown and North San Jose.

WHEN: Wednesday, Nov. 19th
8:30 am—10:30am
WHERE: UCSC Extension-Sunnyvale
1180 Bordeaux Drive, Sunnyvale
To Register, email George Pires at
georgepires@princetoncap.com or
John@AlteraCommercial.com
No Cost Meeting

Weekly Stats for Cupertino, Sunnyvale and Santa Clara

Above you will see the weekly stats for Cupertino, Sunnyvale and Santa Clara. Please click on the spreadsheet to view a larger picture.

Bank REO condo - cheap price, great condition

Very nice 2 bedroom, 1 bath condo I saw yesterday in South San Jose. Bank owned and very well priced at $157,500. Compared to many bank owned properties, this one is clean and well-kept. There are even some upgrades including tile floors in the kitchen and bathroom and wood flooring in the living room. Upstairs unit with a private balcony. Located at Monterey and Capitol Expressway. Great first time home buyer home or perfect for a rental. This just came on the market and is priced to move. Let me show you it today.

What A Great Investment..

Excellent bank owned four plex listing in a very solid rental area of San Jose. The complex has a great unit mix all consisting of 2 bedrooms/1 bath units. Each unit is approximately 832 sq ft, on a lot size of 6234 sq ft. This property needs some TLC but has great potential to become the perfect living space. Make a great investment now. List Price $775,000.

Santa Clara County Weekly Stats

Please click on the above spreadsheets to view larger picture. This currently shows the weekly stats in Santa Clara County.

Bay Area Apartment Brokers Forum

Guest Speaker: Ken Orvick-Principal,Orvick MangementGroup
Topic: Apartment Management Issues2008
Date: Wednesday, November 12, 2008 - 8 AM
Place: First American Title Company, 1737 North First St., San Jose
Breakfast: Continental Breakfast - no charge - First American Title/Exchange
Chairman: Richard Domich - CB Richard Ellis
Vice Chairman: Keith Suddjian - Cornish & Carey
Membership: Kari Noomen - Washington Mutual
Sponsor: Mary Kay Kennedy - First American Exchange
Sponsor: Joe Campi - First American Title
Sponsor: Paul Monaco- First American Title
Note: All present will have an opportunity to present their listings, buyer requirements, as well as their analysis of current events and market trends that directly effect
the multi-housing (apartment) industry in Silicon Valley and greater Bay Area.
Adjournment: 9:30 AM
Dec. 10, 2008 Robert Meyer - Tenant-In-Common Update - Proposed NAR Exemption
Jan. 14, 2009 Kari Nooman - Financing Multi-Housing Properties 2009
Feb. 11, 2009 Ric Russell - The Future of Multi-Housing Brokerage 2009

Almaden Valley Bank Owned

Great opportunity in the beautiful Almaden neighborhood. Popular tri level floor plan with separate family and living rooms. Spacious yard with lots of privacy and potential. Freshly painted interior with new stove and dishwasher. Hardwood flooring and crown moulding. Wonderful master suite with double doors and walk in closet. This home is a 3 bedroom 2.5 bath and approximately 1866 sq ft with a lot size of 8103.

Cupertino Homes

Beautifully remodeled home in Moreland School District on a lovely tree lined street with convenient access to shops and freeways. This 3 bedroom 2 bathroom home has many amenities such as: new roof, new int & ext paint, new kitchen with stainless steel appliances, new cabinets, copper pipes, dual pane windows, remodeled baths, upgraded base boards and interior doors, hardwood floors, new carpeting, recessed lighting, new front door. This home has also been beautifully landscaped all around. List Price $799,000

Downtown San Jose Short Sale Condos

There are three units we are tracking in a downtown San Jose condo complex that are very good opportunities. 2 bedroom, 2 bath units, slightly over 1,000 square feet in a relatively modern building, well-located and well-maintained. All offered in the low $300,000s. These are short sales and one of them already has bank approvals in place to sell the unit at less than what the owners owe. Call me to get details and to set a showing. You will be pleased.

Retail/Office For Sale in Cupertino, Ca

Travigne Plaza, Cupertino, Ca

• 10,463 SF Retail/Office Building
• $4,004,000 Purchase Price
• $260,237 N.O.I
• 6.5% Cap Rate
• Assumable Loan of $2,374,695
• High Traffic Counts
• Prestigious Stevens Creek Location
  

If you have any questions or would like to preview this suburb location please contact me.

Live In Santana Row Now!!

Within the last two weeks three listings have gone on the market in lovely Santana Row. A place that is full of fun and excitement with so much to do. You can make a lot happen in this beautiful community such as, a simple walk down the streets, you can mix in a little work out at the gym, shopping, and of course lots of amazing places to eat, drink and dance. The newly listed condos have amazing views of the Santana Row Shops, one condo is a 1bed/1.5bath, and the other two listed are 1bed/1bathrooms. Each condo has it's own very unique look and style. Come join the fun now whether it's a weekend get away condo or your own permanent residence. Please contact krasmussen@interorealestate.com to find out more information.

Santa Clara County Residential Inventory Stats

Please click both diagrams individually to view larger picture of the Santa Clara County Stats.