FAVORABLE SELLER FINANCING AVAILABLE! 630 S 8th St, San Jose, CA 95112 is located in the heart of downtown San Jose. this 5 unit apartment complex has a a diverse unit mix: (1) 1 Bed, 2 Bath, (1) 1 Bed, 1 Bath, and (3) Studio units. The detached garage offers a fantastic opportunity to convert into a 1 Bed, 1 Bath ADU with minimal capital expenditure, making this a highly flexible and lucrative investment. Spanning approximately 2,880 square feet on a 0.24-acre lot, it provides comfortable living spaces for tenants while offering investors a steady stream of rental income. Just two blocks from San Jose State University, this property is a magnet for students seeking proximity and convenience. Its low vacancy rate, high rental demand, and potential for cost-effective ADU conversion make it an ideal choice for savvy investors. You’re less than a mile from the bustling San Pedro Square and enjoy seamless access to major highways 280, 101, and 680, connecting you to all that San Jose has to offer. Additionally, youll be close to major employers such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. Cap rate is reflective of ADU addition
Property Details
Price:
$1,695,000
MLS #:
ML81982009
Status:
Active Under Contract
Baths:
0
Address:
630 S 8th Street
Type:
Commercial
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Sep 28, 2024
State:
CA
ZIP:
95112
Year Built:
1922
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
5.00
Water Source
Public
Financial
Map
Contact Us
Mortgage Calculator
Similar Listings Nearby
- 909 Story Road 235
San Jose, CA$2,150,000
0.99 miles away
- 1225 W SAN CARLOS Street
San Jose, CA$2,080,000
1.96 miles away
- 11291135 Hester Avenue
San Jose, CA$1,998,000
2.31 miles away
- 832 Deland Avenue
San Jose, CA$1,825,000
2.62 miles away
- 673 N 4th Street
San Jose, CA$1,800,000
1.78 miles away
- 745 W Taylor Street
San Jose, CA$1,750,000
2.23 miles away
- 500 Coleman
San Jose, CA$1,700,000
1.80 miles away
- 0 Mt Hamilton
San Jose, CA$1,695,000
1.68 miles away
- 139 E Julian Street
San Jose, CA$1,688,888
1.18 miles away
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
630 S 8th Street
San Jose, CA
LIGHTBOX-IMAGES