552 Horning St, SAN JOSE, CA

$2,150,000

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2,400

Square feet

0.26

Acres

About 552 Horning St

Very Rare investment opportunity: Attractive 8 cabin style apartments. Only $268K per unit. GRM only 11.34. Each unit is an independent studio, no shared wall between each unit. Most of the units have been renovated. Fantastic location: Minutes from Hwy 880 and 101. Tenants are attracted to this apartment location because of its nearby employment opportunities, and proximity to the greater Bay Area: downtown San Jose, Santa Clara, Sunnyvale, etc. Each unit is like a vacation cabin, not often seen in bay area. These units are not in San Jose Rent Control register and are not subject to San Jose Rent Control. Several units have low rents. Upside rent potential. This is an outstanding long term investment.

Features of 552 Horning St

MLS® # ML81943984
Price $2,150,000
Square Footage 2,400
Acres 0.26
Year Built 1942
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 552 Horning St
Area Central San Jose
City SAN JOSE
County Santa Clara
State CA
Zip Code 95112

Amenities

Utilities Public Utilities
Parking Spaces 8
Is Waterfront No

Interior

Heating Wall Furnace
Cooling No Cooling
Fireplace No

Exterior

Roof Composition Roof
Foundation Concrete Slab

Additional Information

Zoning LI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentArthur Lin
OfficeAEST Realty
Contact Info408-646-3185

Listing Map

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