128 7Th St San Jose, CA 95112

This property presents a value-add opportunity for experienced investors, with potential for ADU development and remodeling of existing units. The property includes four residential structures totaling 5,873 square feet, situated on two parcels totaling 15,420 square feet. Located in the Horace Mann neighborhood of North Downtown San Jose, the parcels are near San Jose State University and City Hall. The property is zoned Residential Neighborhood in the San Jose 2040 General Plan, making the structures legal, non-conforming. The property consists of 10 units in four structures on two contiguous lots. The unit mix includes: 126 N 7th Street, a triplex with two 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit; 128 N 7th Street, a single-family residence with one 3-bedroom/1-bathroom unit; 130 N 7th Street, a duplex with two 1-bedroom/1-bathroom units; and 132, 132-A, 134, 136 N 7th Street, a fourplex with four 1-bedroom/1-bathroom units. Ample parking is available in the rear of the property. The parking area and driveways on the two parcels are unpaved and partially covered in gravel. The wood structures require some repair work.