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$4,000,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82059452
HOA Y/N No
Year Built 1961
Lot Size 0.426 Acres
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 699 - Not Defined
Zoning R3F
Interior
Fireplace No
Exterior
Roof Type Other
Total Parking Spaces 10
Building
Water Public
Schools
School District San Jose Unified
Others
Tax ID 46726094
Special Listing Condition Standard
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Listed by Buddy Parsons Borelli Investment Company #00754782
Nearby Locations
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