22 S 10th St, SAN JOSE, CA

$4,000,000

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5,420

Square feet

0.42

Acres

About 22 S 10th St

PRICE REDUCED $153,000!! PORTFOLIO OF FOUR PRIME PROPERTIES IN CENTRAL SAN JOSE! One Duplex & three Single-Family Homes consisting of 38 income producing Single-Room Occupancy (SRO) Units in walkable neighborhoods near downtown San Jose and San Jose State University. Each home features private bedrooms within a shared living environment designed for students, service workers, and young professionals seeking affordable, centrally located housing - 80% of current tenants are SJSU students. Addresses in order of appearance in Photos: 684 Julian St - 8 bedrooms + 3 bathrooms (fully renovated single-family home including newer ADU converted from garage). 22 S 10th St - 11 bedrooms + 4 bathrooms (Duplex). 325 E Saint John St - 9 bedrooms + 3 bathrooms (SFR). 1090 S 7th Street - 10 bedrooms + 5 bathrooms (SFR). In-place rents average 30% below market, offering a clear path to higher cash flow and a significant add-value opportunity for a new owner to make modest unit & common area improvements as turnovers occur and increase cash flow. All four properties offer parking (some permits) & storage spaces. In-place utility reimbursements for all tenants. Over 1 million residents and 36,000+ students at San Jose State University drives demand for housing.

Features of 22 S 10th St

MLS® # ML82027972
Price $4,000,000
Square Footage 5,420
Acres 0.42
Year Built 1901
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 22 S 10th St
Area Central San Jose
City SAN JOSE
County Santa Clara
State CA
Zip Code 95112

Amenities

Utilities Individual Electric Meters, Individual Gas Meters, Public Utilities
Parking Spaces 18
Garages Parking Area, Varies by Unit
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Gas
Cooling None
Fireplace No

Exterior

Roof Flat / Low Pitch, Shingle
Foundation Concrete Slab

Additional Information

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

Listing Details

AgentMatthew Thomson
OfficeCompass
Contact Info650-515-6555

Listing Map

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