S 2Nd Street, San Jose, CA 95112

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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

Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address S 2Nd Street
City San Jose
State CA
Zip 95112
County Santa Clara
Listing Agent Michael Henshaw DRE #01134592
Courtesy Of Marcus & Millichap
Close Price $2,167,500
Status Closed
Type Commercial
Structure Size N/A
Lot Size 10,019
Year Built 1898

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.