San Jose, CA 95112,650 S 8th ST
San Jose, CA 95112,650 S 8th ST
San Jose, CA 95112,650 S 8th ST
25
$5,075,000
Est.Price: ?

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9,769 SqFt

650 S 8th ST San Jose, CA 95112

Est. payment /mo
SOLD DATE : 04/12/2023

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Key Details

Sold Price $5,075,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 9,769 sqft

Price per Sqft $519

MLS Listing ID ML81911544

Year Built 1958

Annual Tax Amount $65,392

Lot Size 0.359 Acres

Property Description

LOCATED IN THE OPPORTUNITY ZONE. Attractive, well-cared for 17-unit apartment complex with (15) one bedroom/one bathroom units and (2) two bedroom/one bathroom units situated on a 9,769 sf lot and located just 3 blocks from San Jose State University. Capital improvements include dual pane windows (2016), new roof (2019), new commercial water heaters (2019), new landscaping, courtyard pavers and exterior paint (2019), and new kitchen counter tops, cabinets, and appliances in 15 of the 17 units (2016). Lots of upside potential. Strong rental market with students returning to on site classes and the development of Google's planned campus expansion nearby.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM

Interior

Heating Wall Furnace

Cooling None

Exterior

Roof Type Other

Building

Water Public

Schools

School District San Jose Unified

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nathan Gustavson • Compass
Bought with Neel Bhatia • Coldwell Banker Realty

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