Property Details
About this Property
Metro Walk offers an opportunity to acquire an excellent income property with a 38-unit apartment complex plus 1 retail store in a dynamic rental location that can be redeveloped potentially in the future. Exterior renovation includes dual pane windows, exterior paint, and lights. 24 units extensively updated most with new kitchen cabinets, countertops, carpet, baseboards, and two-tone paint. Strong in place rents with upside potential. Market GRM/Cap Rate: 13.12 / 5.3%. New laundry room in process for additional income. Outstanding rental location blocks from future Google campus, San Jose State, Diridon Station, San Jose International Airport and future BART station. Strategically located in a designated Opportunity Zone in the vibrant SoFA district of Downtown San Jose.
MLS Listing Information
MLS #
ML81824753
MLS Source
MLSListings, Inc.
Interior Features
Appliances
Hood Over Range, Oven Range - Gas
Flooring
Carpet, Tile, Vinyl/Linoleum
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Carport, Off-Street Parking, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Complex Amenities
Community Security Gate
Zoning
DC
Contact Information
Listing Agent
Carlos Padilla
Intero Real Estate Services
License #: 01342889
Phone: (408) 887-6420
Co-Listing Agent
Jim Mcarthur
License #: 01766468
Phone: (408) 202-3855
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 35 | 39 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 500 | – | 1/0 | $1,295 | $1,795 | 37 |
| 2 | 650 | 1 | 1/0 | $2,095 | $2,095 | 1 |
| 3 | 700 | – | 0/0 | $1,100 | $1,895 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
555-569 S 2nd St is a Residential Income in San Jose, CA 95112. This 20,521 square foot property sits on a 0.332 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,600,000 and was built in 1928. This address can also be written as 555-569 S 2nd St, San Jose, CA 95112.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Carlos Padilla, (408) 887-6420
