630 S 8Th Street

San Jose, CA 95112

$1,695,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1922

calendar_month Built

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

Listing Information

List Price $1,695,000
Status Active
MLS ML81982009
HOA $0
Type Commercial
Year Built 1922
Lot Size 10,361
Structure Size N/A
DOM 30
Courtesy Of Compass
Listing Agent Ray Rodriguez DRE#01999734
Co-Listing Agent Tony Zizzo DRE#01962093

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Ray Rodriguez, Tony Zizzo, Compass 650-405-0743. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 28th, 2024 at 6:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.