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Listed by Michael Shields • SiliconValley MultiFamilyGroup
$ 2,500,000
Est. payment /mo
Active
358 N 7th Street San Jose, CA 95112
6,536 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 6,536 sqft
Price per Sqft $382
MLS Listing ID ML82023937
HOA Y/N No
Year Built 1961
Lot Size 0.285 Acres
Property Sub-Type OTHER
Source Datashare MLSListings
Property 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.
Location
State CA
County Santa Clara
Interior
Heating Radiant
Cooling Ceiling Fan(s)
Flooring Hardwood
Fireplace No
Laundry Coin Operated
Exterior
View Downtown
Building
Lot Description Level
Schools
School District San Jose Unified, San Jose Unified
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