3-LEVEL LOFT FOR RENT AT PLANT 51

3-LEVEL LOFT FOR RENT AT PLANT 51

Property Address
88 Bush St., #2119| San Jose, CA 95126
Available: Now

Offered By
Robert Lei (408) 893-2410 

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Description

Built nearly a century ago, the historic Plant 51 cannery has been reborn as a new residential community of lofts and flats. Plant 51 features a contemporary collection of living spaces and outdoor experiences that bring together beautiful design, unique character and an honest-to-goodness neighborhood. From the lushly landscaped courtyards that feature tranquil water features, to the plentiful open-air dining and gathering spots, to the cozy outdoor fire pit, Plant 51 is an oasis in the heart of Silicon Valley and downtown San Jose.

This one-of-a-kind 3-level loft offers 2 bedrooms and 2 bathrooms in 1,444 square feet of space. The loft features a huge open living space with soaring ceiling, 17' tall windows, and a fantastic media center with dual flat-screen TVs, a bar, and wine refrigerator. Beautiful hardwood floors are found throughout the kitchen and living area. The modern kitchen features granite countertops, polished chrome fixtures and faucets, and stainless steel appliances. This main level also has a full bath with shower over tub, as well as full-sized washer and dryer.

The lower level master bedroom suite has a large sliding glass door that leads out to a private patio. There is a large closet with customer organizers. The master bath features a large walk-in shower, granite counter, and tile floor. The loft bedroom is one of the larger ones in Plant 51, and one of the few with a walk-in closet.

Plant 51 is a secured building with secured parking. This unit comes with 2 dedicated parking spaces. Besides all the outdoor features, which also includes a large BBQ area with wet bar, there is the Boiler Room, an original two-story brick warehouse space that has been converted into a modern gym with state-of-the-art fitness and cardio equipment. This space is where the original boilers that powered the cannery once resided, giving it the character of a true warehouse that will inspire any workout. Housed within the Boiler Room is a fitness studio, perfect for yoga and stretching. Overlooking the Boiler Room and opening onto the courtyard is the Mezzanine Lounge, a unique indoor gathering space that acts as the hub of the community. Another unique feature of Plant 51 is The Bicycle Kitchen, which is a dedicated room for resident's bikes, with everything you need to store, repair and maintain your ride.

Just steps from Plant 51 is Cahill Park, a 3.7 acre green space with playgrounds, a basketball court, and plenty of grass to enjoy a game of catch or a quiet picnic. Transportation options are plentiful, with Caltrain and VTA Light Rail in your backyard. At the end of Bush Street a brand-new Whole Foods Market and brewery recently opened. And downtown San Jose beckons from just a few blocks away. Enjoy a nice stroll to plentiful restaurants, bars, theaters, special events, and concerts and sports at the San Jose Arena.

Everything you need to enjoy your Silicon Valley lifestyle is minutes away from Plant 51. And when you feel the need to get away from it all, your oasis is your backyard. Welcome home.

• Utilities included in rent: Water and garbage. Tenant will need to set up own PG&E account

Details 
• Beds/Baths: 2BD/2.0BA
• Square Feet: 1,444

Rental Terms

• Rent: $3,495.00
• Available: Now
• Application Fee: $20.00
• Security Deposit: $3,395.00

Plant 51 (88 Bush Street, Downtown San Jose 95126) Real Estate Market

Plant 51 (88 Bush Street, San Jose) is an ideal community for homeowners who enjoy the downtown San Jose urban convenient lifestyle.

On any given day, you can see residents of Plant 51 stroll down the short walk on Bush Street to the shops and restaurants on The Alameda, to shop and hang out at Whole Foods Market and the adjacent BrewHaHa brewery, to roll out of bed and catch CalTrain at the adjacent Diridon Station, or VTA Light Rail, and walk their dogs in nearby Cahill Park. Also, HP Pavilion is just a walk away for special events, concerts, Sharks hockey, etc.

The community itself boast lots of amenities - a community Gym / Lounge / FitnessCenter, BicycleKitchen for bicycle parking / storage / maintenance / repair, outdoor barbecue area with 15ft-long outdoor Fire Pit.  Coming soon, Plant 51 will have EV charging stations for conveniently charge your electric vehicles. 

All the units have central forced-air heat and air conditioning.

Currently, one unit is available for sale (Unit 2210)

You have to stand inside unit 2210 to appreciate the feeling.  Feel the vastness as you look up at the towering 17ft high ceilings. Feel the warmth and light come in through the Majestic tall windows.  Soak in the bright, voluminous, feeling. 

For times when you want it dark, this unit has special tall custom drapes.

In comparing with other units in the Plant 51 complex, this unit has a rare, extra-deep, wide- open floorplan that has more length/volume than other loft units. Other units end at a wall that lines up with the kitchen.  Unit 2210 extends farther out for extra voluminous feel.  Around the corner from the kitchen, this particular unit has an extra nook region for a hidden office, library, contemplative/relaxation area out of view.  

Plant 51 Real Estate Market Analysis:

All the units in Plant 51 are nice.  In the section below I point out others that sold even though they do not have the extra qualities that unit 2210 has.

Non-Loft Units that do NOT have the 17ft soaring ceilings of the Unit 2210 loft:

These 3 comps only barely have more sqft because they shut off the ceiling with a floor in between.  These do NOT have the soaring ceiling feel, yet are still nice and sold close to $600,000:

MLS #:

ML81432379

88 BUSH Street ,#3132, San Jose 95126 doesn't even have the soaring ceilings as this unit # 2210 and still that one sold for $590,000.  Their description says soaring ceilings, but look at all their photos.   The only reason they squeaked out 1267 sqft is they shut off the soaring view by building that floor in between the levels to block the soaring view. 

Sale Price:

$590,000

Sale:

09/09/2014

MLS #:

ML81438705

88 BUSH Street ,#3130, San Jose 95126 didn't even show any photos of the interior because it is also does NOT have the soaring ceilings yet still sold immediately that same day for $596,000 to another agent in the same office.  If they had really put it on the market and allowed other agents from different offices to compete for it, they could have sold for higher.

Sale Price:

$596,000

Sale:

10/29/2014

88 BUSH Street ,#3194, San Jose 95126

Apprx.Sqft:

1,275 SqFt (Tax) because they closed off the soaring ceilings by building a floor in between.

Sale Price:

$590,000

Sale:

03/07/2014

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Loft Units that do NOT have the extra-width of Unit 2210:

These standard 1444sqft units are narrower than Unit 2210 because the living room cuts off at the kitchen wall rather than extending wider past the kitchen as Unit 2210 does. 

Also, the data of the standard 1444sqft units below clearly shows the price increasing every month:

88 BUSH Street ,#2115, San Jose 95126 does have high ceiling but room is narrow and is cut off at the kitchen wall.  Thus view not as wide yet sold for $705,000

Sale Price:

$705,000

Sale:

10/06/2014

88 BUSH Street ,#2113, San Jose 95126 image 6 of 20 does have soaring ceilings but you can see the room cuts off right at the kitchen whereas my client's #2210 has a much wider, voluminous feel because the unit continues farther out even past the kitchen by a significant amount.

Sale Price:

$680,000

Sale:

09/19/2014

88 BUSH Street ,#2143, San Jose 95126 again has soaring ceilings but room cuts off at kitchen.  Not as wide and voluminous as my client's 2210.

Sale Price:

$675,000

Sale:

07/12/2014

88 BUSH Street ,#2151, San Jose 95126 again soaring ceilings but main photo shows room cut off at kitchen.  Does not extend past kitchen like my client's 2210.

Sale Price:

$673,000

Sale:

04/25/2014

88 BUSH Street #2197, San Jose 95126 image 6 of 25 perfectly shows that even though it has high ceilings, it has a boxy narrow feeling because the room doesn't extend past the kitchen like unit 2210. (See attached photo)

Sale Price:

$632,000

Sale:

02/21/2014

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Labels/Keywords:

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Plant51, Plant 51, 88 Bush, downtown, San Jose, Whole Foods, Market, HP Pavilion, Cahill Park, CalTrain, Diridon Station, VTA, LightRail, Light Rail, concerts, Sharks, hockey,