772-776 S 2nd St | San Jose, CA 95112
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- LoopNet Team
772-776 S 2nd St
San Jose, CA 95112
Seller Financing (85% LTV) · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Seller Financing: Up to 85% LTV for 36 MONTHS
- Value-Add Opportunity: increase cash flow by raising rents on the garage spaces and renting out the storage units + basement studio
- Potential low-down payment of just $359,850
- Strong Airbnb Rental Market: $8,300 average monthly income in June, July and August of 2022
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,998 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1898/2023 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | MUN - Mixed Use Neighborhood | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,998 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1898/2023 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | MUN - Mixed Use Neighborhood |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
| 4+2 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 472-17-055 | Improvements Assessment | $697,197 |
| Land Assessment | $1,248,569 | Total Assessment | $1,945,766 |
PROPERTY TAXES
Parcel Number
472-17-055
Land Assessment
$1,248,569
Improvements Assessment
$697,197
Total Assessment
$1,945,766
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