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PRICE $1,835,000
BEDS 0
BATHS 0
HOME SIZE 3,400 sqft
LOT SIZE 5,663 sqft

Situated in Downtown San Jose, 380 N 13th St, and in the Heart of Silicon Valley this multifamily asset is a great opportunity for investors looking for a solid asset with a strong return. The property features (8) 1 bed single room occupancy (SRO) house with 4 shareable bathrooms and 1 full kitchen and (1) 2 Bed 2 Bath newly constructed ADU. Located one mile away from San Jose State University this property has access to a strong rental market; and proximity to Japan Town which offers local entertainment, shopping, and a variety of restaurants. The main building provides its tenants with an on-site washer and dryer a fully stocked kitchen and a furnished living room for their convenience. The tenants are responsible for paying the gas and electric bills, as well as water. The roof is low pitch with asphalt shingle, while the foundation is a concrete perimeter with a basement. The current management company covers the liability insurance, sewer, and garbage fees. The ADU consists of 2 stories, with an open-concept kitchen and dining area with a big living space. Newly constructed in 2023, this unit has 2 bedroom and 1.5 bathrooms, stainless steel appliances and a designated parking garage.

LAST UPDATED 2/12/2024 YEAR BUILT 1901
GARAGE SPACES 1.0 COUNTY Santa Clara
STATUS Active PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Feb 12, '24 $1,895,000
Feb 12, '24 - Today $1,835,000


ADDITIONAL DETAILS
BUYER'S BROKERAGE COMPENSATION 2.50
GARAGE Yes
LOT 5663 sq ft
LOT DIMENSIONS 5663.00
PARKING Detached
ZONING RM
Listed by Ray Rodriguez | 626-779-9360, Compass

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.

 

Based on information from MLSListings MLS as of 3/2/24 7:37 AM PST. 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 2024 MLSListings Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2024.


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