630 S 8th ST, San Jose, CA 95112
- $1,618,000
- 2,880
- SqFt
Listed by Ray Rodriguez, 650-405-0743 from Compass
(If provided) CoList: Tony Zizzo from Compass
Sold listing courtesy of Ray Rodriguez from PACU
- Sold Price
- $1,618,000
- List Price
- $1,695,000
- Closing Date
- Dec 18, 2024
- MLS#
- ML81982009
- Status
- SOLD
- Sqft. of Residence
- 2,880
- Lot Size
- 10,361
- Listing Area
- Central San Jose
- Year Built
- 1922
Property Description
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
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Additional Information
- Acres
- 0.24
- Age
- 102
- Cooling System
- None
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces
- Heating System
- Wall Furnace
- Living Area
- 2,880
- Lot Size
- 10,361
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Rolled Composition
- Sewer
- Sewer - Public
- Zoning
- RM
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