PRICED TO SELL!!! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management. Beautiful Curb Appeal. Must See to Appreciate! Property selling for personal reasons. Quick Close/Strong Terms Encouraged. TOUR SCHEDULE: Wednesday, 3/27, 10:30. SATURDAY TOUR: 3/30 CANCELLED, Rescheduling TBD
Sold for $4,700,000 on 06/03/24
$4,700,000
South 8th, San Jose, CA 95112
--beds
--baths
9,769sqft
Five Or More Units, Residential Income
Built in 1958
-- sqft lot
$4,568,300 Zestimate®
$481/sqft
$2,755 Estimated rent
Home value
$4,568,300
$4.16M - $5.03M
$2,755/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 02:38am
Listed by:
Neel Bhatia 01464424 408-828-4024,
Coldwell Banker Realty 925-935-7100
Bought with:
Neel Bhatia, 01464424
Coldwell Banker Realty
Source: MLSListings Inc,MLS#: ML81958747
Facts & features
Interior
Heating
- Wall Furnace
Cooling
- None
Interior area
- Total structure area: 9,769
- Total interior livable area: 9,769 sqft
Property
Parking
- Parking features: Assigned
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 0.36 Acres
Details
- Parcel number: 47224006
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: TarGravel
Condition
- Year built: 1958
Utilities & green energy
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: San Jose
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2024 | Sold | $4,700,000-7.4%$481/sqft |
Source:  MLSListings Inc #ML81958747 | ||
| 4/12/2023 | Sold | $5,075,000$520/sqft |
Source: MLSListings Inc #ML81911544 | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Muwekma Ohlone MiddleGrades: 6-8Distance: 1.2 mi
- 5/10San Jose High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: SanJoseUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$4,568,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,568,300