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508 11Th St San Jose, CA 95112

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For Sale
$7,995,000

20-unit multifamily property near San Jose State University.

Property size:
16,199 SF

Property Features for 508 11Th St

General Information

Standard status
Active
Size
16,199 SF

Building Details

Year built
1963
Source: Corcoran

Listing Agent: Carlos Azucena

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Extensively Renovated Multifamily Near University

Located two blocks from San Jose State University, the multifamily property at 508 S. 11th Street features 20 units. The unit mix includes 19 two-bedroom, two-bathroom apartments, each approximately 821 square feet, and one one-bedroom, one-bathroom apartment of approximately 600 square feet. Situated on a 0.29-acre lot (12,506 sq ft), the property includes amenities such as a laundry room, assigned gated parking, and enclosed garages. The unit interiors have been extensively remodeled with vinyl plank flooring, stainless steel appliances, new furnace, quartz countertops, new kitchen cabinets, new lighting and plumbing fixtures, new closet and bedroom doors, and fully remodeled bathrooms. Exterior renovations include repainting, new exterior wooden fencing, asphalt and restriping, hand rails, and a newer roof. The property offers a potential for strong cash flow.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

UCLA Medical Neuro ... Neurologist

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Jose
County
Santa Clara
State
California
Longitude
-121.8738216
Latitude
37.3334511

FAQs

What type of property is this?
Apartment building - 20-unit multifamily property near San Jose State University.
Where is this apartment building located?
The property is located at 508 11Th St San Jose, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: - Extensively renovated 20-unit multifamily property, providing strong cash flow from day one.; - Located two blocks from San Jose State University in the heart of Silicon Valley.; - Turnkey asset with reduced future costs due to recent renovations.
More about this property
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