630 S 8th Street
San Jose, CA 95112
0.24 acres | #ML81982009
Description
FAVORABLE SELLER FINANCING AVAILABLE! 630 S 8th St, San Jose, CA 95112 is located in the heart of downtown San Jose. this 5 unit apartment complex has a a diverse unit mix: (1) 1 Bed, 2 Bath, (1) 1 Bed, 1 Bath, and (3) Studio units. The detached garage offers a fantastic opportunity to convert into a 1 Bed, 1 Bath ADU with minimal capital expenditure, making this a highly flexible and lucrative investment. Spanning approximately 2,880 square feet on a 0.24-acre lot, it provides comfortable living spaces for tenants while offering investors a steady stream of rental income. Just two blocks from San Jose State University, this property is a magnet for students seeking proximity and convenience. Its low vacancy rate, high rental demand, and potential for cost-effective ADU conversion make it an ideal choice for savvy investors. You're less than a mile from the bustling San Pedro Square and enjoy seamless access to major highways 280, 101, and 680, connecting you to all that San Jose has to offer. Additionally, youll be close to major employers such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. Cap rate is reflective of ADU addition
Property Details
- Acres0.2379
Construction Details
- Property TypePurchase
Condition
- Year Built1922
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- School DistrictSan Jose Unified
- CountySanta Clara
Financial Details
- Original List Price$1,695,000
- Taxes Annual$19,476
Other
- MLS #ML81982009
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ray Rodriguez (#ML5085267)
Listing Office: Compass (#ML5012166)
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