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$4,000,000
ML82027972 MLS
PRICE REDUCED $153,000!! PORTFOLIO OF FOUR PRIME PROPERTIES IN CENTRAL SAN JOSE! One Duplex & three Single-Family Homes consisting of 38 income producing Single-Room Occupancy (SRO) Units in walkable neighborhoods near downtown San Jose and San Jose State University. Each home features private bedrooms within a shared living environment designed for students, service workers, and young professionals seeking affordable, centrally located housing - 80% of current tenants are SJSU students. Addresses in order of appearance in Photos: 684 Julian St - 8 bedrooms + 3 bathrooms (fully renovated single-family home including newer ADU converted from garage). 22 S 10th St - 11 bedrooms + 4 bathrooms (Duplex). 325 E Saint John St - 9 bedrooms + 3 bathrooms (SFR). 1090 S 7th Street - 10 bedrooms + 5 bathrooms (SFR). In-place rents average 30% below market, offering a clear path to higher cash flow and a significant add-value opportunity for a new owner to make modest unit & common area improvements as turnovers occur and increase cash flow. All four properties offer parking (some permits) & storage spaces. In-place utility reimbursements for all tenants. Over 1 million residents and 36,000+ students at San Jose State University drives demand for housing.

22 S 10th ST, San Jose

Listed by Matthew Thomson, 650-515-6555 from Compass
(If provided) CoList: Bryan Danforth from Compass

$19,900,000
ML82026193 MLS
This sale includes three contiguous parcels totaling approximately 2.51 acres of prime land located just half a mile from San Jose Mineta International Airport and less than three miles from Downtown San Jose and San Jose State University. *** 1440 N 1st St (APN: 235-02-032) -- 1.78 acres, currently San Jose Airport Inn *** 41 E Gish Rd (APN: 235-02-025) -- 0.63 acres, currently two commercial buildings *** APN: 235-02-024 -- 0.10 acres, used as a parking lot *** Situated directly across from VTA,s Light Rail Gish Station *** Zoned as Urban Village with up to 250* DU/AC (Dwelling Units per Acre) and a Floor Area Ratio of 10.0 (10 times larger than the total lot area). *** Estimated 28,000+ vehicles and pedestrians passing daily along North First Street, the property enjoys exceptional visibility and strong potential for retail or mixed-use activation. *** Exceptional development potential in a highly visible and convenient location.

1440 N 1st ST, San Jose

Listed by Stanley Lo, 650-373-0007 from Green Banker Realty
(If provided) CoList: Courtney Wong from Green Banker Realty

$10,600,000
ML82015189 MLS
First Street Manor is an exceptional 39-unit apartment community located at 523-530 N First St in the thriving city of San Jose, California. Situated on 0.87 acre parcel of land, the subject property was originally constructed in 1948 and has a gross building area of approximately 18,320 total square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Residents at First Street Manor enjoy multiple convenient community amenities including an on-site laundry facility, private covered parking, secured gated perimeter and a secluded community courtyard area. The subject property has also recently undergone extensive capital improvements such as a new roof installed in 2024, complete interior renovations for all units, and dual-pane windows throughout. First Street Manor sits near Downtown San Jose and is within walking distance to the Target anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options.The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.

523 N 2nd ST, San Jose

Listed by Cole Simpson, 650-391-1735 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

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