630 S 8th ST Contingent

San Jose,CA 95112

$ 1695000

2 Beds

4 Baths

2880 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $588

MLS Listing ID ML81982009

Bedrooms 2

Full Baths 4

Year Built 1922

Lot Size 10,361 Sqft

Property Description

FAVORABLE SELLER FINANCING AVAILABLE! 630 S 8th St, San Jose, CA 95112 is located in the heart of downtown San Jose. this 5 unit apartment complex has a a diverse unit mix: (1) 1 Bed, 2 Bath, (1) 1 Bed, 1 Bath, and (3) Studio units. The detached garage offers a fantastic opportunity to convert into a 1 Bed, 1 Bath ADU with minimal capital expenditure, making this a highly flexible and lucrative investment. Spanning approximately 2,880 square feet on a 0.24-acre lot, it provides comfortable living spaces for tenants while offering investors a steady stream of rental income. Just two blocks from San Jose State University, this property is a magnet for students seeking proximity and convenience. Its low vacancy rate, high rental demand, and potential for cost-effective ADU conversion make it an ideal choice for savvy investors. You're less than a mile from the bustling San Pedro Square and enjoy seamless access to major highways 280, 101, and 680, connecting you to all that San Jose has to offer. Additionally, youll be close to major employers such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. Cap rate is reflective of ADU addition

Location

State CA

County Santa Clara

Area Central San Jose

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Assigned Spaces

Garage Spaces 2.0

Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 472-24-007

Security Features None

Special Listing Condition Not Applicable

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