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Listed by Borelli Investment Company
$ 4,000,000
Est. payment /mo
New
168 S 11th Street San Jose, CA 95112
15,190 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,190 sqft
Price per Sqft $263
MLS Listing ID ML82059452
HOA Y/N No
Year Built 1961
Lot Size 0.426 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Rare value-add student housing opportunity one block from San Jos State University. This 15,190 SF property offers 27 bedrooms across two stories plus basement, set on an 18,560 SF lot (0.426 acre), the largest parcel on the block, zoned R-3F. The building has been extensively remodeled, including a new roof, HVAC, plumbing, and electrical, and features a commercial kitchen, a separate residential kitchen, a large common room, an auditorium, multiple common restrooms, and on-site parking. Currently occupied by only six month-to-month tenancies, the property offers substantial upside for an owner-user or investor to renovate, re-lease, and stabilize in one of the region's strongest student housing submarkets, where the vast majority of SJSU undergraduates live off campus. Walkable to campus, dining, and light rail. Unbranded 3D virtual tour available. Buyer to verify all information to their satisfaction.
Location
State CA
County Santa Clara
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Handicap Access Other
Building
Water Public