508 S 11th Street, SAN JOSE CA, 95112

Active

508 S 11th Street

SAN JOSE CA, 95112

$8,950,000

$485.83 per sqft

Active

18,422 sqft

Multi-family

Built in 1963

508 S. 11th Street is a 20-unit multifamily property located two blocks from San Jose State University. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The property has been extensively renovated and mostly occupied, allowing a new owner to have strong cash flow from day one with a turnkey asset. The unit mix consists of (1) 1 bedroom / 1 bathroom that is approximately 600 sq ft and (19) 2 bedroom / 2 bathroom that are approximately 821 sq ft each. The property sits on a 0.29 acre (or 12,506 sq ft) lot. Among the amenities are a laundry room along with assigned parking and a gated entrance that provides a sense of security.

ML81946619

MLSⓇ ID

November 1, 2023

Updated

Map

508 S 11th Street
SAN JOSE CA, 95112

Interior Features

Interior Features: Elevator
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: No

Exterior/Building Features

Lot Size: 0.29 acres

Other Property Details

Garage: Yes
Garage Spaces: 3
Parking: Attached
Parking Total: 21
View: No
County: Santa Clara
Water Source: Public
Pool: No

Courtesy of Marcus & Millichap, Carlos Azucena,
Listing Contact: 4082052679

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jen Marley Bright shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:12 AM UTC, 11/1/2023