635 S 11th ST
SAN JOSE, CA 95112

$6,650,000

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Status Active
Listing Commercial
Style Other
Year Built 1963
MLS® ML81755080
Original Listing Open Link
Commercial For Sale
3 beds

Property Features
Well maintained 20 unit apartment building located in Downtown San Jose, 2 blocks from San Jose State University. 13 units are two-bedroom, one-bath and 7 units are one-bed one-bath units. All units are fully rented at near market rates. The opportunity exists to increase rents-Subject to San Jose Apartment Rental Ordinance. Average rent for the 2/2 units is $2,157 and $1,586 for the 1/1 units. The building also has an on-site laundry facility which generates additional income. 19 of the units have been renovated with granite counters, cabinetry, appliances, bathrooms vanities, toilets and tubs where needed, laminate flooring, and double-pane windows. Built in 1963, Garden Style architecture, wood frame with stucco siding and a concrete foundation. 18 covered and 4 uncovered parking spaces on-site, additional parking on street. Close to planned Google campus, Adobe building expansion, and a multitude of other up and coming developments in San Jose.
Key Features
Beds 3
House Size 15306 Sq. Ft.
Lot Size 0.30 acres
Property Type Commercial
Year Built 1963
Style Other
Parking Spaces 4-car
Interior Features
Total Sq. Ft. 15306 Sq. Ft.
Heating Electric
Cooling None
Exterior Features
Lot Size 0.30 acres
Roof Unknown
Parking Spaces 4-car
Parking Type Assigned
Street Parking No
The Neighborhood
County Santa Clara

Disclaimer: Copyright © 2019 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Interested in this listing?
Listing Agent
Michael Shields
SiliconValley MultiFamilyGroup
Direct: 408-356-1900
Broker: 408-356-1900
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
Contact
Listing Agent
Michael Shields
SiliconValley MultiFamilyGroup
Direct: 408-356-1900
Broker: 408-356-1900
By clicking "submit" you agree to receive electronic communications in response to your request from NewPoint Media Group or the information provider.
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Information deemed reliable but not guaranteed. All measurements are approximate. MLS® numbers are provided where available. NewPoint Media Group, LLC is not affiliated or associated with The Canadian Real Estate Association or any other owner of the MLS® word or design mark in any geographic area.