Listed by Ray Rodriguez - DRE #01999734 - Compass 415-345-3000 Listing Courtesy of: DRE #01962093
$1,695,000 affordable loan icon Calculate Payment

630 8th Street San Jose, CA 95112

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General Commercial Residence
Beds
Baths
2,880 Sq. Ft.
0.24 Acre Lot

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Last updated on 11/15/2024 6:41 AM
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 Continue reading
MLS#
ML81982009
Property Type
General Commercial
Status
Active Under Contract
Year Built
1922
Square Feet
2,880 sq. ft
Lot Size
0.24

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Listed by Ray Rodriguez - DRE #01999734 - Compass 415-345-3000 Listing Courtesy of: DRE #01962093
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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