Carmel Partners


Region: Northern California
Address: 138 Balbach St San Jose, CA 95110
Strategy: Renovation
Status: Held
Acquisition Date: 10/12/2021
Units: 101
One38 is a 2019-built 101-unit apartment building in the SOFA neighborhood of Downtown San Jose. It is adjacent to substantial office development in downtown and walking distance to the approved Google campus at Diridon Station. Interior of spacious modern apartment Units provide attractive higher-end finishes, outdoor access with balconies and patios, and expansive floorplans with large closets, dens, dining rooms, and laundry rooms. Interior of gym with exercise machines The trendy SOFA neighborhood has high-end coffee shops, popular bars, the local farmers market, museums, theatres, art galleries, and parks which makes it a popular lifestyle location.