22 S 10th Street, San Jose, CA 95112
22 S 10th Street, San Jose, CA 95112
22 S 10th Street, San Jose, CA 95112
22 S 10th Street, San Jose, CA 95112
22 S 10th Street, San Jose, CA 95112
22 S 10th Street, San Jose, CA 95112
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$ 4,000,000
Est. payment | /mo

5,420 SqFt


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$ 4,000,000
Est. payment | /mo
Save

5,420 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,420 sqft

Price per Sqft $738

MLS Listing ID ML82027972

HOA Y/N No

Year Built 1901

Lot Size 0.420 Acres

Acres 0.4195

Property Sub-Type Other

Property Description

PRICE REDUCED $153,000!! PORTFOLIO OF FOUR PRIME PROPERTIES IN CENTRAL SAN JOSE! One Duplex & three Single-Family Homes consisting of 38 income producing Single-Room Occupancy (SRO) Units in walkable neighborhoods near downtown San Jose and San Jose State University. Each home features private bedrooms within a shared living environment designed for students, service workers, and young professionals seeking affordable, centrally located housing - 80% of current tenants are SJSU students. Addresses in order of appearance in Photos: 684 Julian St - 8 bedrooms + 3 bathrooms (fully renovated single-family home including newer ADU converted from garage). 22 S 10th St - 11 bedrooms + 4 bathrooms (Duplex). 325 E Saint John St - 9 bedrooms + 3 bathrooms (SFR). 1090 S 7th Street - 10 bedrooms + 5 bathrooms (SFR). In-place rents average 30% below market, offering a clear path to higher cash flow and a significant add-value opportunity for a new owner to make modest unit & common area improvements as turnovers occur and increase cash flow. All four properties offer parking (some permits) & storage spaces. In-place utility reimbursements for all tenants. Over 1 million residents and 36,000+ students at San Jose State University drives demand for housing.

Location

State CA

County Santa Clara

Zoning CG

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Dishwasher, Refrigerator

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 467250700

Bridge MLS
Listed by Matthew Thomson • Compass

Nearby Locations

GET MORE INFORMATION

Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA 94602

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22 S 10th Street