S 2Nd Street

San Jose, CA 95112

$2,167,500

Sold Price
N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1898

calendar_month Built

Property Description

Located in a quiet part of Downtown San Jose, the subject property offers well maintained one-bedroom, two-bedroom, and four-bedroom floor plans. It consists of a detached four-bedroom/two-bathroom home (est. 1,400 square feet, currently rented as an Airbnb), a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom and three two-bedroom/one bathroom units, a basement Art Studio (potential ADU conversion), and three two-car garages. The three, two-car garages (on a separate parcel) are currently rented out at $275 per month (estimated to be below market) as storage units, providing ownership with additional monthly income. A new owner could also rent out the Art Studio and several storage units located in the basement, further increasing the property's monthly cash flow and value. Both buildings have been renovated from 2019 to 2023. SELLER FINANCING 85% LTV

Listing Information

Close Price $2,167,500
Close Date Thursday, February 29th, 2024
Status Closed
MLS ML81919603
HOA $0
Type Commercial
Year Built 1898
Lot Size 10,019
Structure Size N/A
DOM 310
Courtesy Of Marcus & Millichap
Listing Agent Michael Henshaw DRE#01134592

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Michael Henshaw, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 1st, 2024 at 8:53 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.