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Back to search Home Countries United States San Jose 555 S 2nd St, San Jose, CA, 95112
$8,280,000

555 S 2nd St, San Jose, CA, 95112

555 S 2nd St, San Jose, CA, 95112
1 beds 38 baths Multi-Family

Property facts

Property type
Multi-Family
Bedrooms
1
Bathrooms
38
Lot size
14,474 sqft lot

Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.

About this home

Property Details: • Type: Multi-Family • Bedrooms: 1 • Bathrooms: 38 • Square Feet: 20521 • Lot/Size: 14,474 sqft lot

Description: Marcus & Millichap is pleased to present 555 S. 2nd Street, a 39-unit apartment community located in the heart of Downtown San Jose's vibrant SoFA District. Offered at just $212,000 per unit, the property provides investors with a rare low basis in one of Silicon Valley's most dynamic urban neighborhoods. The asset features 37 studio units, one one-bedroom unit, and a ~900 SF ground-floor commercial storefront, currently vacant. The investment offers strong in-place returns with a 6.93% CAP rate and 8.8 GRM, along with attractive financing options available, creating an opportunity for immediate cash flow in a prime downtown location near San Jose State University, major tech employer

Features & amenities

Features & finishes
Year Built: 1928

Location

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Listing information

Original source
www.redfin.com
Added to Mirror

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