$1,695,000
Accepting Backup Offers

630 S 8th Street

San Jose, CA 95112
0.24 acres | #ML81982009
Listing OfficeCompass
Browse 45 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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