Located on a corner lot in the Hensley Neighborhood, this multifamily asset offers an opportunity to own in San Jose, less than one mile from San Jose State University. The property benefits from strong rental demand driven by proximity to major employment and educational hubs. The asset consists of 12… Read More units with a mix of (3) 2BD/1BA units, (8) 1BD/1BA units, and (1) studio. Tenants enjoy immediate access to Downtown San Jose dining, retail, nightlife, and cultural amenities, as well as close proximity to San José State University. The property totals approximately 7,924 SF on a 10,764 SF lot and is constructed on a cinderblock and concrete perimeter foundation with crawlspace access. Parking is above average with 12 assigned spaces, including 4 tuck-under and 8 uncovered stalls. Each unit features a private balcony, and a centrally located courtyard provides shared outdoor space. Recent improvements include a newer roof replaced in 2024. Most units feature updated carpet flooring, while original cabinetry and countertops remain, offering value-add potential. All units include white appliances and wall furnaces. The property offers stable in-place income with future upside in a supply-constrained Downtown San Jose submarket. Read Less
Courtesy of Compass, Ray Rodriguez 650-405-0743
Listing Snapshot
Days Online
11
Last Updated
Property Type
Five Or More Units
Square Ft.
7,924
Lot Size
0.25 Acres
Year Built
1963
MLS Number
ML82030789
30 Days Snapshot Of 95112
$1.17M
-3%
(avg) sold price
12
-20%
homes sold
20
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 10764.00, Max Area Units: Square Feet, Lot is 0.24710743801653 acres
Accessibility Features
Other
Unit One
Rent: $1,815, 2 bedrooms
Unit Two
Rent: $1,400, bedroom 1
Unit Three
Rent: $1,550
Building
7,924 structure square feet, Age: 63, Built in 1963, 1 building, Construction type: Wood Frame, 12 minimum units in complex
Cooling
Other
Floors
Carpet, Tile
Foundation
Concrete Block, Crawl Space
Garage
Carport, Uncovered Parking
Water Features
Private / Mutual
Heating
Wall Furnace
Kitchen
Exhaust Fan, Oven Range - Electric, Refrigerator
Laundry
Coin Operated
Tenant Pays
Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 84636
Parking
8 parking spaces
Property
Zoning: R4
Roof
Flat / Low Pitch, Rolled Composition
Security Features
Other
Taxes
Annual tax amount: $37,625
Sewer
Sewer - Private
Utilities
Master Water, Separate Common Area, Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the 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. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.