22 S 10th ST, San Jose, CA 95112 - MLS#ML82027972 - Eric Boyenga

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Matthew Thomson • Compass

$ 4,153,000

Est. payment | -/mo

1 Bed

5,420 SqFt

Save

$ 4,153,000

Est. payment | -/mo

Save

1 Bed

5,420 SqFt

Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,420 sqft

Price per Sqft $766

MLS Listing ID ML82027972

Bedrooms 1

Year Built 1901

Lot Size 0.420 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property 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.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning CG

Interior

Heating Forced Air, Gas

Cooling None

Exterior

Parking Features Parking Area, Varies by Unit

Garage Spaces 18.0

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 467-25-070

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

9

Hammer Montessori at Galarza Elementary School

Public | KG - 5
9

Vinci Park Elementary School

Public | KG - 5
9

Cornerstone Academy Preparatory

Public | KG - 6
9

Kipp Heartwood Academy

Public | 5 - 8
7

River Glen

Public | KG - 8
7

Rocketship Mateo Sheedy Elementary School

Public | KG - 5
7

Rocketship Alma Academy

Public | KG - 5
7

Rocketship Mosaic Elementary School

Public | KG - 5
7

Jeanne R. Meadows Elementary School

Public | KG - 6
6

Rocketship Discovery Preparatory

Public | KG - 6
6

Rocketship los Suenos Academy

Public | KG - 5
6

Shirakawa Elementary School

Public | KG - 8
5

Sherman Oaks Elementary School

Public | PK - 6
5

Willow Glen Elementary School

Public | KG - 5
5

Franklin Elementary School

Public | KG - 6
5

Learning In An Urban Community With High Achievement

Public | KG - 5
5

Robert F. Kennedy Elementary School

Public | KG - 6
5

Hubbard Media Arts Academy

Public | KG - 7
5

Rocketship Si Se Puede Academy

Public | KG - 5
5

Stonegate Elementary School

Public | KG - 8

Middle Schools 14

9

College Connection Academy

Public | 7 - 8
6

Alpha: Blanca Alvarado Middle School

Public | 6 - 8
4

Downtown College Preparatory - Alum Rock

Public | 6 - 12
3

Herbert Hoover Middle School

Public | 6 - 8
3

Burnett Middle School

Public | 6 - 8
3

Bridges Academy

Public | 7 - 8
3

Sheppard Middle School

Public | 6 - 8
1

Mathson Institute of Technology

Public | 6 - 8
0

County Community

Public | 7 - 12
0

Sacred Heart Nativty Schools

Private | 6 - 8
0

Our Lady of Grace Nativity School

Private | 6 - 8
0

Sunrise Middle School

Public | 6 - 8
0

San Jose Community Middle School

Public | 6 - 8
0

Renaissance at Mathson

Public | 6 - 8

High Schools 16

9

Kipp San Jose Collegiate

Public | 9 - 12
7

Abraham Lincoln High School

Public | 9 - 12
6

Independence High School

Public | 9 - 12
5

Yerba Buena High School

Public | 9 - 12
4

Downtown College Preparatory

Public | 9 - 12
4

San Jose High School

Public | 9 - 12
4

Ace Charter High School

Public | 9 - 12
1

San Jose Conservation Corps Charter

Public | 12 - 12
0

Bellarmine College Preparatory School

Private | 9 - 12
0

Edge

Public | 9 - 12
0

Notre Dame High School

Private | 9 - 12
0

San Jose Community High School

Public | 9 - 12
0

San Jose High Academy Plus

Public | 9 - 12
0

Cristo Rey San Jose High School

Private | 9 - 10
0

Pegasus High School

Public | 11 - 12
0

Foothill High School

Public | 11 - 12

School and business data provided by Attom Data.

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

22 S 10th ST San Jose, CA 95112