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650 S 8th Street San Jose, CA $ 5,185,000
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$ 5,185,000 Get more info
650 S 8th Street
$ 5,185,000
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Share Save

650 S 8th Street

San Jose, CA, 95112
$ 5,185,000
Baths0.0 Sq 9,769

Monthly Estimate*

$ 34,461

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Studio

Commercial Property for sale in San Jose, CA

for $5,185,000. This 9,769 square foot building was built in 1958 on a lot size of 0.360009.

PRICED TO SELL!!! 17 Units in Prime San Jose Location! Just Three Blocks from SJSU & a 2 Minute Drive to Downtown San Jose. Incredible In Place Annual Income of $417,528, Positioning the Property at a CURRENT 5.27% CAP Rate! Self Manage and This Property Operates at a Current 5.6% CAP. Excellent Unit mix of (15) 1beds & (2) 2bed Units, 15 of which have been update/remodeled since 2016. Property also Benefits from a New Roof (2019), New Commercial Water Heaters, New Landscaping & Professional Management. Beautiful Curb Appeal. Must See to Appreciate! Property selling for personal reasons. Quick Close/Strong Terms Encouraged. TOUR SCHEDULE: Wednesday, 3/27, 10:30. SATURDAY TOUR: 3/30 CANCELLED, Rescheduling TBD

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Commercial Pending

Price

$ 5,185,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.360009

Year Built

1958

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML81958747
Features
General
Heating Wall Furnace
Cooling None
Roof Tar/Gravel
Appliances Refrigerator
Zoning RM
Year Built 1958
Property SubType Other
County Santa Clara
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Pending
City San Jose
MLS Area Listing
Lot Size Square Feet 15682
Street Name 8th Street
Standard Status Pending
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Exterior
Parking Features Assigned
Water Source Public
Lot Size Area 15682
Lot Size Acres 0.36
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Interior
Air Conditioning Y/N No
Heating Y/N Yes
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* Excluded Features
List By
Neel Bhatia

Listing Agent

Coldwell Banker Realty

Broker

neel.bhatia@cbnorcal.com

Email

Affordability Calculator

$34,461
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,461
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/24/2024$5,185,000 Listed Price

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650 S 8th Street, San Jose, CA, 95112 is a Commercial Property for sale at $5,185,000 with 9,769 sqft and a lot size of 0.360009. 650 S 8th Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 95112 which is in San Jose, CA

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