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Listed by Compass
$ 2,725,000
Est. payment | /mo
6,248 SqFt
$ 2,725,000
Est. payment | /mo
6,248 SqFt
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 6,248 sqft
Price per Sqft $436
Subdivision University Grdns
MLS Listing ID 41122639
HOA Y/N No
Year Built 1959
Lot Size 9,453 Sqft
Property Sub-Type Apt Complex
Source Bridge AOR
Property Description
431 S 11th Street is a well-located 9-unit multifamily property in the heart of San Jose, just one block from San Jose State University and walking distance to Downtown San Jose. This two-story apartment building features a desirable unit mix of (3) 2BD/1BA units and (6) 1BD/1BA units. Amenities include on-site laundry and assigned carport parking. Recent capital improvements include a TPO membrane overlay roof replacement (2018) with a 10-year manufacturer warranty, plus replacement of wall heaters and the water heater. Property may offer future upside via potential conversion of the attached garage into an ADU for additional income (buyer to verify with City of San Jose). Strong location near major employers, dining, entertainment, and transit supports consistent renter demand.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Flooring Laminate
Fireplace No
Appliance Free-Standing Range, Refrigerator, Dryer, Washer
Laundry Coin Operated, Common Area, Laundry Room, Laundry Equip - Leased
Building
Lot Description Garden
Nearby Locations
Jennifer Seidelman
OR Principal Broker #200602051 & CA Real Estate Broker #01319529
+1(925) 864-2888 | jennifer@jenniferseidelman.com