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22 10th Street, San Jose, CA 95112
Priced at Only: $4,153,000
For more Information Call Mobile: 714.478.6676
Address: 22 10th Street, San Jose, CA 95112
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  • MLS#: ML82027972 ( )
  • Street Address: 22 10th Street
  • Viewed: 1
  • Price: $4,153,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1901
  • Bldg sqft: 0
  • Days On Market: 29
  • Additional Information
  • County: SANTA CLARA
  • City: San Jose
  • Zipcode: 95112
  • Provided by: Compass
  • Contact: Matthew Matthew
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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. With over 1 million residents and 36,000+ students at San Jose State University, demand for centrally located, affordable housing continues to outpace supply.
Features
Building Area Total
  1. 5420.00
Carport Spaces
  1. 0.00
Cooling
  1. None
Heating
  1. Forced Air
Insurance Expense
  1. 12000.00
Otherexpense
  1. 20103.00
Parcel Number
  1. 46725070
Roof
  1. Flat
  2. Shingle
Security Features
  1. Security Lights
Totalexpenses
  1. 143679.00
Trash Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 1901
Year Built Source
  1. Other
Zoning
  1. CG
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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