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$3,698,000

Est. payment - /mo

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6,394 Sqft Lot

Active Under Contract

70 N 10th ST San Jose, CA 95112

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID ML82007879

HOA Y/N No

Year Built 1912

Annual Tax Amount $46,996

Lot Size 6,394 Sqft

Property Description

Magnify Real Estate is pleased to present the opportunity to acquire 70 N. 10th St, a fully renovated, turnkey multifamily asset in San Jose. This property offers strong in-place cash flow and classic early 20th-century charm within a prime downtown San Jose location. Built in 1912, the property consists of 9 units totaling 6,027 square feet on a 6,394 square foot lot. The unit mix includes (2) Studios (4) one-bedroom/one-bathroom, (2) two-bedroom/one-bathroom, and (1) three-bedroom/one-bathroom. The subject property has undergone significant capital improvements including newer roofs, replaced copper supply lines and ABS drain lines, dual-pane windows, A/C in all units, brand new concrete common area patio, and renovated interiors. The property sits just three blocks from San Jose State University and offers convenient access to I-280, CA-87 and US-101. Finally, the property is within a few minutes drive from major employers such as Adobe, Zoom, eBay, San Jose City Hall and many more.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition,Other

Building

Water Public

Schools

School District San Jose Unified

Others

Tax ID 46717107

Special Listing Condition Standard

Listed by Will Tharp Magnify Real Estate

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