650 S 8th ST, San Jose, CA 95112
- $5,075,000
- 9,769
- SqFt
- Sold Price
- $5,075,000
- List Price
- $5,600,000
- Closing Date
- Apr 12, 2023
- MLS#
- ML81911544
- Status
- SOLD
- Property Type
- com
- Sqft. of Residence
- 9,769
- Lot Size
- 15,637
- Listing Area
- Central San Jose
- Year Built
- 1958
Property Description
LOCATED IN THE OPPORTUNITY ZONE. Attractive, well-cared for 17-unit apartment complex with (15) one bedroom/one bathroom units and (2) two bedroom/one bathroom units situated on a 9,769 sf lot and located just 3 blocks from San Jose State University. Capital improvements include dual pane windows (2016), new roof (2019), new commercial water heaters (2019), new landscaping, courtyard pavers and exterior paint (2019), and new kitchen counter tops, cabinets, and appliances in 15 of the 17 units (2016). Lots of upside potential. Strong rental market with students returning to on site classes and the development of Google's planned campus expansion nearby.
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Additional Information
- Acres
- 0.36
- Age
- 64
- Cooling System
- None
- Foundation
- Other
- Garage Parking
- Carport
- Heating System
- Wall Furnace
- Living Area
- 9,769
- Lot Size
- 15,637
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Other
- Sewer
- Sewer - Public
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- RM
Mortgage Calculator
Listing courtesy of Nathan Gustavson from Compass. 415-786-9410
Selling Office: CBR.
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