CA > San Jose
San Jose, CA 95112,22 S 10th ST
San Jose, CA 95112,22 S 10th ST
San Jose, CA 95112,22 S 10th ST
San Jose, CA 95112,22 S 10th ST
San Jose, CA 95112,22 S 10th ST
San Jose, CA 95112,22 S 10th ST
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Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Matthew Thomson • Compass
$ 4,153,000
Est. payment | /mo

1 Bed

5,420 SqFt

Save Video Tour
$ 4,153,000
Est. payment | /mo
Save Video Tour

1 Bed

5,420 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,420 sqft

Price per Sqft $766

MLS Listing ID ML82027972

Bedrooms 1

Year Built 1901

Lot Size 0.420 Acres

Property Sub-Type Five or More Units

Property Description

PORTFOLIO OF FOUR PRIME PROPERTIES IN CENTRAL SAN JOSE! One Duplex & three Single-Family Homes consisting of 38 income producing Single-Room Occupancy (SRO) Units in walkable neighborhoods near downtown San Jose and San Jose State University. Each home features private bedrooms within a shared living environment designed for students, service workers, and young professionals seeking affordable, centrally located housing - 80% of current tenants are SJSU students. Addresses in order of appearance in Photos: 684 Julian St - 8 bedrooms + 3 bathrooms (fully renovated single-family home including newer ADU converted from garage). 22 S 10th St - 11 bedrooms + 4 bathrooms (Duplex). 325 E Saint John St - 9 bedrooms + 3 bathrooms (SFR). 1090 S 7th Street - 10 bedrooms + 5 bathrooms (SFR). In-place rents average 30% below market, offering a clear path to higher cash flow and a significant add-value opportunity for a new owner to make modest unit & common area improvements as turnovers occur and increase cash flow. All four properties offer parking (some permits) & storage spaces. In-place utility reimbursements for all tenants. With over 1 million residents and 36,000+ students at San Jose State University, demand for centrally located, affordable housing continues to outpace supply.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning CG

Interior

Heating Forced Air, Gas

Cooling None

Exterior

Parking Features Parking Area, Varies by Unit

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 467-25-070

Security Features Security Lights

Special Listing Condition Not Applicable

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Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

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22 S 10th ST