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Charla Gonzales Real Estate
659 S 9th Street, San Jose, CA 95112
- $2,995,000
- List Price
- $2,995,000
- Status
- ACTIVE
- MLS#
- ML82066436
- Year Built
- 1957
- Lot Size
- 6,900
- Acres
- 0.16
- Days on Market
- 1
- Property Type
- Commercial
Property Description
**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio.
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Additional Information
- Taxes
- $35,877
- Heat
- Wall Furnace
- Cooling
- Yes
- Roof
- Flat
- Water
- Public
- School District
- San Jose Unified
- Attached Structure
- Detached
- Gross Scheduled Income
- $298,129
Listing courtesy of Listing Agent: Ray Rodriguez (ray.rodriguez@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.