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Listed by: Michael Shields (408) 356-1900 DRE #01327546 | SiliconValley MultiFamilyGroup (408) 356-1900
$2,500,000
-- Bed
- -- Bath
6,536sqft
358 N 7Th St, San Jose, CA 95112
$2,500,000
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Mixed Use
Built in 1961
$-- HOA
12,420 sqft lot
$382/sq.ft
Description
13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1961
HOA Fees
-
Finished Area
6,536 sqft
Lot Size
12,420 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82023937
MLS Status
Active
Days on Market
61
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