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In-PersonVirtual Tour

Eric Boyenga

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

Listed by Buddy Parsons, DRE #00754782 • Borelli Investment Company

$ 4,000,000

Est. payment | -/mo

15,190 SqFt

Save Virtual Tour

$ 4,000,000

Est. payment | -/mo

Save Virtual Tour

15,190 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 15,190 sqft

Price per Sqft $263

MLS Listing ID ML82059452

Year Built 1961

Lot Size 0.426 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

Rare value-add student housing opportunity one block from San José State University. This ±15,190 SF property offers 27 bedrooms across two stories plus basement, set on an 18,560 SF lot (0.426 acre), the largest parcel on the block, zoned R-3F. The building has been extensively remodeled, including a new roof, HVAC, plumbing, and electrical, and features a commercial kitchen, a separate residential kitchen, a large common room, an auditorium, multiple common restrooms, and on-site parking. Currently occupied by only six month-to-month tenancies, the property offers substantial upside for an owner-user or investor to renovate, re-lease, and stabilize in one of the region's strongest student housing submarkets, where the vast majority of SJSU undergraduates live off campus. Walkable to campus, dining, and light rail. Unbranded 3D virtual tour available. Buyer to verify all information to their satisfaction.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3F

Interior

Heating Other

Cooling Other

Exterior

Parking Features Assigned Spaces

Garage Spaces 10.0

Utilities Available Public Utilities

Roof Type Other

Building

Foundation Other

Sewer Sewer - Public

Water Public

Others

Tax ID 467-26-094

Special Listing Condition Not Applicable

Virtual Tour https://my.matterport.com/show/?m=bHGqEPtEBWZ

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

168 S 11th ST San Jose, CA 95112