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Sold for $1,618,000
  • $1,618,000

    South 8th, San Jose, CA 95112

    2beds
    4baths
    2,880sqft
    Five Or More Units, Residential Income
    Built in 1922
    -- sqft lot
    $1,571,700 Zestimate®
    $562/sqft
    $3,165 Estimated rent

    Home value

    $1,571,700

    $1.43M - $1.73M

    $3,165/mo

    Zestimate® history
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    $3,165/mo

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    $10,275/mo

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    What's special

    FAVORABLE SELLER FINANCING AVAILABLE! 630 S 8th St, San Jose, CA 95112 is located in the heart of downtown San Jose. this 5 unit apartment complex has a a diverse unit mix: (1) 1 Bed, 2 Bath, (1) 1 Bed, 1 Bath, and (3) Studio units. The detached garage offers a fantastic opportunity to convert into a 1 Bed, 1 Bath ADU with minimal capital expenditure, making this a highly flexible and lucrative investment. Spanning approximately 2,880 square feet on a 0.24-acre lot, it provides comfortable living spaces for tenants while offering investors a steady stream of rental income. Just two blocks from San Jose State University, this property is a magnet for students seeking proximity and convenience. Its low vacancy rate, high rental demand, and potential for cost-effective ADU conversion make it an ideal choice for savvy investors. You're less than a mile from the bustling San Pedro Square and enjoy seamless access to major highways 280, 101, and 680, connecting you to all that San Jose has to offer. Additionally, youll be close to major employers such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. Cap rate is reflective of ADU addition

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Rodriguez 01999734 650-405-0743,

    Compass 415-345-3000,

    Tony Zizzo 01962093 650-770-8356

    Bought with:

    Ray Rodriguez, 01999734

    Compass

    Source: MLSListings Inc,MLS#: ML81982009MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Assigned
    • Garage spaces: 2
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 10,323 sqft
    Details
    • Parcel number: 47224007
    • Zoning: RM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Concrete Perimeter
    • Roof: RolledHotMop
    Condition
    • Year built: 1922

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: San Jose

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    12/18/2024Sold$1,618,000-4.5%$562/sqft
    Source: MLSListings Inc #ML81982009 Report a problem
    12/16/2024Pending sale$1,695,000$589/sqft
    Source: MLSListings Inc #ML81982009 Report a problem
    11/8/2024Contingent$1,695,000$589/sqft
    Source: MLSListings Inc #ML81982009 Report a problem
    9/28/2024Listed for sale$1,695,000$589/sqft
    Source: MLSListings Inc #ML81982009 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: SanJoseUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,571,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,571,700