S 11th Street San Jose, California
Listed By Marcus & Millichap
The Commercial Property for Sale located at San Jose, California is currently for sale. San Jose, California is listed for $8,295,000. If the property located at San Jose, California isn't what you're looking for, visit https://devadmindomaintest1.xomio.com to see other Commercial Properties for Sale in San Jose .
Date Updated : May 9, 2025
MLS#: 374356202
$8,295,000 USD
- Minimum sellable space1,505m² (16,199ft²)
Property features
Construction details
- Year built: 1963
Other features
- Heating system: Wall Furnace
- Carport Spaces: 5
Area
- Property size: 1,505m² (16,199ft²)
- Land/Lot size: 1,162m² (12,506ft²)
Description
The Azucena Group of Marcus & Millichap is the exclusive listing agent for 508 S.11th Street, a 20-unit multifamily property located two blocks from San Jose State University. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The property has been extensively renovated, allowing a new owner to have strong cash flow from day one with a turnkey asset and reduced future costs. The unit mix consists of (19) two bedroom / two bathroom apartments that are approximately 821 sqft each and (1) one bedroom / one bathroom that is approximately 600 sqft. The property sits on a 0.29 acre (or 12,506 sq ft) lot. Among the amenities are a laundry room, assigned gated parking, and enclosed garages for additional income. Unit interiors have been extensively remodeled with vinyl plank flooring, stainless steel appliances, new furnace, quartz counter tops, new kitchen cabinets, new lighting and plumbing fixtures, new closet and bedroom doors, and fully remodeled bathrooms. The exterior has been recently repainted, new exterior wooden fencing, asphalt and restriping, hand rails, and a newer roof.