505 S 7th St | San Jose, CA 95112
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- LoopNet Team
505 S 7th St
San Jose, CA 95112
Multifamily Property For Sale · 2 Units
Investment Highlights
- Stabilized value add investment with ADU potential
- Under market rents in place
- Historical property that potentially qualifies for Mills Act to reduce property taxes significantly
- Large corner lot
- Significant upside in rental income and building value
- Walking distance to Downtown, San Jose State, and the Google's Downtown West Campus
PROPERTY FACTS
| No. Units | 2 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 2,088 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 2.39/1,000 SF |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,088 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Parking Ratio | 2.39/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 472-28-027 | Improvements Assessment | $20,619 |
| Land Assessment | $39,942 | Total Assessment | $60,561 |
PROPERTY TAXES
Parcel Number
472-28-027
Land Assessment
$39,942
Improvements Assessment
$20,619
Total Assessment
$60,561
zoning
| Zoning Code | R4 |
| R4 |
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