REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,000,000
Est. payment | /mo
1 Bed
5,420 SqFt
$ 4,000,000
Est. payment | /mo
1 Bed
5,420 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,420 sqft
Price per Sqft $738
Lot Size 0.420 Acres
MLS Listing ID ML82027972
Bedrooms 1
Property Description
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.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning CG
Interior
Heating Forced Air, Gas
Cooling None
1-purchase type For Sale
Exterior
Garage Parking Area, Varies by Unit
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Flat / Low Pitch,Shingle
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 467-25-070
Security Features Security Lights
Special Sale Not Applicable
© 2026 MLSListings Inc. All rights reserved.-test9
Listed by Matthew Thomson of Compass
Bought with Matthew Thomson of Compass
Bought with Matthew Thomson of Compass
GET MORE INFORMATION
Robert Lucido
Advisor | yjnn 4444789