Share this with your friends
+16192184593
Fortune Peak Properties
649 S 9th ST, San Jose, CA 95112
- $3,025,000
- 6,364
- SqFt
Listing courtesy of Ray Rodriguez from Compass. 650-405-0743
- List Price
- $3,025,000
- Status
- ACTIVE
- MLS#
- ML82066425
- Subtype
- com
- Year Built
- 1959
- Living Area
- 6,364
- Lot Size
- 9,842
- Neighborhood
- Central San Jose
- Building Name
- The Gardens
Property Description
One of the Best True Cap Rates you will find in downtown San Jose... Property can be sold together with Neighboring 14 unit building - Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for every unit. Its offered at $3,025,000 ($252,083 per unit), with a 6.22% current cap rate that rises to 7.11% at market rents, and it can be bought on its own or with 659 S 9th Street as a 26-unit portfolio
Additional Information
- Zoning
- RM
- Roof
- Flat / Low Pitch, Foam
- Foundation
- Crawl Space
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Based on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved