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San Jose, CA 95112

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For Sale
$1,650,000

Two-story multifamily asset with positive cash flow potential.

Lot size:
0.11 Acres

Property Features for

General Information

Lot size
0.11 Acres

Building Details

Year built
1898

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Listing Contact
Jefrey Henderson
Source: Elliman

Listing Agent: Jefrey Henderson

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

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Overview

Multifamily Asset Near San Jose

The property is a two-story multifamily asset constructed in 1898, located in the Northside submarket. Situated on a 0.11-acre lot, the property includes eight studio units and one one-bedroom, one-bathroom unit, along with an additional building at the rear. The rentable space totals nearly 5,000 square feet, complemented by a side yard and parking facilities. This property presents an opportunity to acquire investment real estate in a high barrier to entry market, driven by the property's existing positive cash flow. The location is near San Jose State, Downtown San Jose, and Highway 280, with proximity to Silicon Valley companies. The nearest BART stop is 5 minutes away, and the nearest VTA station is 6 minutes away.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
San Jose
County
Santa Clara
State
California
Longitude
-121.882
Latitude
37.3422

FAQs

What type of property is this?
Apartment building - Two-story multifamily asset with positive cash flow potential.
Where is this apartment building located?
The property is located at San Jose, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: - Positive cash flow investment property; - Located near San Jose State University and Downtown San Jose; - Close proximity to public transportation (BART and VTA)
More about this property
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