80 S 22nd ST, San Jose, CA 95116

$1,999,999
3,618
SqFt

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Listed by Michael Shields, 408-356-1900 from SiliconValley MultiFamilyGroup
(If provided) CoList: from

Sold listing courtesy of Leah Chen from GOLDRE

Sold Price
$1,999,999
List Price
$2,150,000
Closing Date
Apr 19, 2024
MLS#
ML81948925
Status
SOLD
Sqft. of Residence
3,618
Lot Size
7,405
Listing Area
Central San Jose
Year Built
1961

Property Description

Multifamily property consists of eight, 1BD/1BA units, approx 425 SF in size. Seven of the eight units have been renovated with newer cabinetry, granite countertops, appliances, flooring, paint and are in very good condition. All units also have double pane windows. All 8 units are currently rented with 7 at market rate of $1,895/month/unit. There are no delinquent rents or tenants in arrears. See the Unit Mix Report in OM for the rental amount for each unit. The 3,618 square foot building consist of a concrete foundation with stucco over wood structure, composite shingle roof and concrete parking lot. The lot size is 7,800 square feet and the property is zoned Residential Multifamily (RM). There are 8 uncovered parking spaces on-site. There is no tuckunder parking for this building which means that a "soft-story" engineering retrofit will not be required. The property is located in an exceptionally strong East San Jose Rental Market where demand for units is very robust. This property is subject to San Jose's Apartment Rental Ordinance and Tenant Protection Ordinance, as are all 3+ unit buildings constructed before 2007.

Additional Information

Acres
0.17
Age
62
Amenities
None
Cooling System
None
Days On Market
Unknown
Floor Covering
Carpet, Laminate, Tile, Vinyl / Linoleum
Foundation
Concrete Slab
Garage Parking
Common Parking Area, No Garage, Uncovered Parking
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
3,618
Lot Size
7,405
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof
Composition
Sewer
Sewer - Public, Sewer Connected, Sewer in Street
Zoning
RM

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Calculator source: Real Geeks

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Based on information from MLSListings MLS as of . 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.


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