555 S 10th ST, San Jose, CA 95112
- $7,600,000
- 25,855
- SqFt
Listing courtesy of Jimmy Castellanos from Marcus & Millichap. 408-483-5040
Selling Office: M&MKW.- Sold Price
- $7,600,000
- List Price
- $8,200,000
- Status
- SOLD
- Closing Date
- Dec 03, 2025
- MLS#
- ML82016658
- Subtype
- com
- Year Built
- 1964
- Living Area
- 25,855
- Lot Size
- 25,254
- Acres
- 0.58
- Neighborhood
- Central San Jose
- Building Name
- Kennedy Hall
Property Description
6.14% cap rate // 9.81 GRM based on current rents. 100% 2x2 floor plans. Marcus & Millichap is excited to present Kennedy Hall, a rare opportunity to acquire a well-located, multifamily asset just steps from San Jose State University. The property features 28 spacious two-bedroom, two-bath units totaling approximately 25,855 square feet of rentable space on a 0.58-acre lot. Built in 1964, Kennedy Hall offers a highly functional layout ideally suited for student housing or working professional roommates, with each unit having an ideal two-bedroom layout with maximum privacy. This optimal rental configuration, combined with the propertys close proximity to campus and an assumable Chase Bank loan fixed at 4.51% through August 2029, makes Kennedy Hall a prime choice for investors seeking strong cash flow and long-term demand.
Additional Information
- Zoning
- RM
- Roof
- Composition, Shingle
- Foundation
- Concrete Slab
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