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Fortune Peak Properties
659 S 9th ST, San Jose, CA 95112
- $2,995,000
- 5,561
- SqFt
Listing courtesy of Ray Rodriguez from Compass. 650-405-0743
- List Price
- $2,995,000
- Status
- ACTIVE
- MLS#
- ML82066436
- Subtype
- com
- Year Built
- 1957
- Living Area
- 5,561
- Lot Size
- 6,900
- Neighborhood
- Central San Jose
Property Description
**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio.
Additional Information
- Zoning
- RM
- Roof
- Flat / Low Pitch
- Foundation
- Other
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