R3 Residential Income
For Sale
$1,549,000
760762 S 9th Street, San Jose, CA 95112
Established residential income asset with R3 zoning and a ranch-style exterior.
Property Size2,320 SF
Price / SF$667.67
Days on Market197
Property Features for 760762 S 9th Street
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Multi Family
Site & Location
Neighborhood
Spartan
Taxes and HOA fees
Annual Taxes
$19,000
Building Details
Year Built
1946
Listing Agency:
CA 1 Team
Listed By:
Irene Borz · License #01228057
(408) 603-6189
Source:
Exitrealty
Added: Apr 10
Changed: Sep 29
Last Checked: Sep 29 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CA 1 Team
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property is located at 760762 S 9th Street in San Jose, California. The property carries R3 zoning and was built in 1946, providing an established physical asset for residential income use.
Interior features include electric service, while the exterior is identified as ranch style. The property is in Santa Clara County near Margaret, with the recorded property size listed as 2320.
Interior features include electric service, while the exterior is identified as ranch style. The property is in Santa Clara County near Margaret, with the recorded property size listed as 2320.
Key Highlights
- R3 zoning
- Built in 1946
- Ranch‑style exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,256
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,120
$965.1K
Cap Rate 7%
$689,371
$689.4K
Cap Rate 9%
$536,178
$536.2K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$91.9K $39.60/SF
− Vacancy
−$4.1K −$1.78/SF
EGI
$87.7K $37.82/SF
− OpEx
−$39.5K −$17.02/SF
NOI
$48.3K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$965,120
Cap Rate 7%
$689,371
Cap Rate 9%
$536,178
Alternative Uses
Best Use
Apartment 5plus
$689.4K
$603.2K – $804.3K
NOI $48,256 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M
NOI $98,078 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Explore this area
Business Placement
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Established residential income asset with R3 zoning and a ranch-style exterior.
Where is this residential income property located?
The property is located at 760762 S 9th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: R3 zoning; Built in 1946; Ranch‑style exterior
