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$1,995,000
Est. payment /mo
6,211 Sqft Lot
UPDATED:
12/14/2024 11:11 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81988332
HOA Y/N No
Year Built 1959
Annual Tax Amount $22,923
Lot Size 6,211 Sqft
Property Description
Nestled in the heart of Santa Clara County, this vibrant six-unit apartment complex in Downtown San Jose offers an incredible investment opportunity, Unit 6 is currently vacant! The current rent for unit 6 reflects market rent. This standout property boasts a versatile unit mix of (5) 2 Bed, 1 Bath & (1) 1 Bed, 1 Bath units, all equipped with designated carports and a convenient laundry room. With approximately 4,122 square feet of living space on a 0.14-acre lot, this building promises both comfort for tenants and strong rental income potential for investors. What makes 420 S 7th St truly special is its unbeatable location. Just steps from San Jose State University, this property is a top choice for students, thanks to its low vacancies and high rental demand in the area. The location couldn't be better! You are less than a mile from San Pedro Square and have easy access to Highway 280, 101, and 680, putting all of San Jose's attractions within reach. Plus, you'll be close to major employers like Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. Don't miss this rare chance to invest in one of San Jose's most sought-after areas! Schedule a viewing and secure 420 S 7th St as your next great investment.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 6
Roof Type Flat,Shingle
Schools
School District San Jose Unified
Others
Tax ID 46748069
Special Listing Condition Standard
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Listed by Ray Rodriguez • Compass
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908