650 S 8th Street, San Jose, CA 95112

About this commercial property

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

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$4,700,000

Sold June 2024 · listed $5,185,000, on market March 2024 · MLS #ML81958747 · Source: CRMLS

Listing Agent: Neel Bhatia · Listing Office: Coldwell Banker Realty · Contact: (925) 935-7100 · Bought with: Neel Bhatia · Coldwell Banker Realty

$5,075,000

Sold April 2023 · listed $5,600,000, on market October 2022 · MLS #ML81911544 · Source: CRMLS

Listing Agent: Nathan Gustavson · Listing Office: Compass · Contact: (415) 874-5000 · Bought with: Neel Bhatia · Coldwell Banker Realty

$4,900,000

Sold July 2017 · listed $5,100,000, on market May 2017 · MLS #ML81653162 · Source: CRMLS

Listing Agent: Ray Rodriguez · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Ray Rodriguez · Marcus & Millichap

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