$2,995,000
FOR SALEActive659 S 9th Street
San Jose CA 95112
5,561
SF
Commercial
Type
1957
Built
$539/SF
Cost/SF
Listing Agent
Tony Zizzo
DRE #: 01962093
Brokerage: Compass
Location Analysis
About This Property
**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.
Property Information
Property Overview
Commercial
Property Type
Active
Status
RM
Zoning
0.1584 acres
Lot Size
5,561 SF
Square Footage
$538.57/SF
Price per SF
$35,877
Annual Tax
1,957
Year Built
2
Parking Total
0.36
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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CRMLS
MLS# ML82066436
Listed:
Nalren refreshed:
Last updated
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Listed by: Compass
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.