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635 S 11th St, SAN JOSE, CA – $6,650,000

  • $6.7M Price
  • 15,306 Sqft
  • .3 Acres
  • $6.7M Price
  • 15,306 Sqft
  • .3 Acres

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635 S 11th St

Well maintained 20 unit apartment building located in Downtown San Jose, 2 blocks from San Jose State University. 13 units are two-bedroom, one-bath and 7 units are one-bed one-bath units. All units are fully rented at near market rates. The opportunity exists to increase rents-Subject to San Jose Apartment Rental Ordinance. Average rent for the 2/2 units is $2,157 and $1,586 for the 1/1 units. The building also has an on-site laundry facility which generates additional income. 19 of the units have been renovated with granite counters, cabinetry, appliances, bathrooms vanities, toilets and tubs where needed, laminate flooring, and double-pane windows. Built in 1963, Garden Style architecture, wood frame with stucco siding and a concrete foundation. 18 covered and 4 uncovered parking spaces on-site, additional parking on street. Close to planned Google campus, Adobe building expansion, and a multitude of other up and coming developments in San Jose.

Essential Information

  • MLS® #ML81755080
  • Price$6,650,000
  • Square Footage15,306
  • Acres0.30
  • Year Built1963
  • TypeMulti-Residential
  • Sub-TypeFive or More Units
  • StatusActive

Community Information

  • Address635 S 11th St
  • AreaCentral San Jose
  • CitySAN JOSE
  • CountySanta Clara
  • StateCA
  • Zip Code95112

Amenities

  • Parking Spaces4

Utilities

Individual Electric Meters, Individual Gas Meters, Public Utilities

Interior

  • HeatingElectric Heat
  • CoolingNo Cooling

Exterior

  • RoofOther Roof
  • ConstructionWood Frame
  • FoundationConcrete Perimeter & Slab

Additional Information

  • ZoningRM

Listing Details

  • AgentMichael Shields
  • OfficeSiliconValley MultiFamilyGroup
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