650 S 8th ST, San Jose, CA 95112

$5,075,000
9,769
SqFt
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Sold Price
$5,075,000
List Price
$5,600,000
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Property Description

LOCATED IN THE OPPORTUNITY ZONE. Attractive, well-cared for 17-unit apartment complex with (15) one bedroom/one bathroom units and (2) two bedroom/one bathroom units situated on a 9,769 sf lot and located just 3 blocks from San Jose State University. Capital improvements include dual pane windows (2016), new roof (2019), new commercial water heaters (2019), new landscaping, courtyard pavers and exterior paint (2019), and new kitchen counter tops, cabinets, and appliances in 15 of the 17 units (2016). Lots of upside potential. Strong rental market with students returning to on site classes and the development of Google's planned campus expansion nearby.

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Courtesy of Compass, Nathan Gustavson. Selling Office: CBR.

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