Craftsman Multifamily with In-Unit
9698 Saint John Street San Jose, CA 95112
9698 Saint John Street, San Jose, CA, 95112
$1,450,000
For Sale
$1,450,000
Craftsman-style multifamily featuring a mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom units with select units offering W/D.
Property Size3,976 SF
Price / SF$364.69
Days on Market172
Property Features for 9698 Saint John Street
General Information
- Standard status
- Active
- Size
- 3,976 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1906
Listing agency
Realty Executives SV Inc.
(408) 772-3339
Listed by
Andrew Espino · License #01415279
Source
Xome
Added: Jan 30 Updated: Jul 21 at 3:30AM Checked: Jul 21 at 3:30AM
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 Realty Executives SV Inc.
Investment Insights
Based on property information with market context.
This Craftsman-style multifamily property offers an income-focused unit mix including one studio, one large studio with W/D, one 1-bedroom, one 2-bedroom with W/D, and one 3-bedroom with W/D. The building provides a balanced configuration across multiple unit types, including in-unit laundry for several of the layouts.
Located at 9698 Saint John Street in San Jose, the property is described as being close to Downtown San Jose, SJSU, SAP Center, and Google Village, with access to Diridon and San Jose International Airport nearby.
For buyers seeking a character-rich apartment building in a central downtown-area setting, this offering presents a straightforward combination of studio, one-bedroom, two-bedroom, and three-bedroom residences with W/D included in select units.
Located at 9698 Saint John Street in San Jose, the property is described as being close to Downtown San Jose, SJSU, SAP Center, and Google Village, with access to Diridon and San Jose International Airport nearby.
For buyers seeking a character-rich apartment building in a central downtown-area setting, this offering presents a straightforward combination of studio, one-bedroom, two-bedroom, and three-bedroom residences with W/D included in select units.
Key Highlights
- Craftsman‑style multifamily built in 1906 with composition roof and CG zoning
- Unit mix includes studios, 1‑bedroom, 2‑bedroom, and 3‑bedroom homes
- Select units offer in‑unit W/D (washer/dryer) for added tenant convenience
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $157.4k | $39.60 |
| − Vacancy | −$7.1k | −$1.78 |
| EGI | $150.4k | $37.82 |
| − OpEx | −$67.7k | −$17.02 |
| NOI | $82.7k | $20.80 |
3,976 SF · lease $39.60/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,700 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,086 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Craftsman-style multifamily featuring a mix of studios, 1-bedroom, 2-bedroom, and 3-bedroom units with select units offering W/D.
Where is this apartment building located?
The property is located at 9698 Saint John Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Craftsman‑style multifamily built in 1906 with composition roof and CG zoning; Unit mix includes studios, 1‑bedroom, 2‑bedroom, and 3‑bedroom homes; Select units offer in‑unit W/D (washer/dryer) for added tenant convenience
