Multifamily
772 S. 2nd Street
772 & 776 S Second St, San Jose, CA 95112
Listing Price: $2,599,000
Investment Overview
The subject property is a well-maintained six-unit apartment complex and detached four-bedroom/two-bathroom single family home situated in Downtown San Jose. Situated on a 8,625 square foot parcel, and has a gross building area of approximately 4,998 square feet, offering its tenants beautifully designed one-bedroom, two-bedroom, and four-bedroom floor plans. Property consists of a detached four-bedroom/two-bathroom home (1,400 square feet) and a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom, three two-bedroom/one-bathroom units, an Art Studio that can be converted into a one-bedroom/one-bathroom dwelling, and three two-car garages. Additionally, there are three, two-car garages (separate parcel) that are in the process of being rented out to provide additional monthly income.
Exclusively Listed By
Listing Price: $2,599,000
Investment Highlights
- Downtown San Jose Location: Less than 1.5 Miles from San Jose State University and Google's New Massive Diridon Station Campus
- Historically High Occupancy with Good Tenants
- Well-Maintained Property Situate in a Quiet Residential Neighborhood
Investment Overview
The subject property is a well-maintained six-unit apartment complex and detached four-bedroom/two-bathroom single family home situated in Downtown San Jose. Situated on a 8,625 square foot parcel, and has a gross building area of approximately 4,998 square feet, offering its tenants beautifully designed one-bedroom, two-bedroom, and four-bedroom floor plans. Property consists of a detached four-bedroom/two-bathroom home (1,400 square feet) and a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom, three two-bedroom/one-bathroom units, an Art Studio that can be converted into a one-bedroom/one-bathroom dwelling, and three two-car garages. Additionally, there are three, two-car garages (separate parcel) that are in the process of being rented out to provide additional monthly income.
Exclusively Listed By
