Property Details
About this Property
Located in the heart of Downtown San Jose, 515 E. William Street features a desirable unit mix of (4) 2+1s and (8) 1+1s all of which have upgrades including quartz or granite countertops and shaker-style cabinetry in kitchens and baths. The well maintained property features double pane windows throughout, (2) washers and (2) dryers, and a basement with ample owners storage and (2) washers and (2) dryers. The property is convenient to transit and daily retail amenities, is walking distance to San Jose State University, and benefits from proximity to world-renown employers. Existing debt is assumable at historically attractive rate and remaining term (3.05% fixed for another +/- 3.5 years). Strong in-place financial performance: GIM of 12.26 and Current CAP Rate of 5.61%. This is part of a three-property portfolio and may be acquired individually or in combination with 143 N. 8th and 751 S. 3rd Streets, providing a Buyer with an optimal capital deployment strategy.
MLS Listing Information
MLS #
ML81912637
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Bitumen
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 498 | 1 | 1/0 | $1,930 | $2,075 | 8 |
| 2 | 680 | 2 | 1/0 | $1,775 | $2,245 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
515 E William St is a Residential Income in San Jose, CA 95112. This 7,620 square foot property sits on a 9,602 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,445,000 and was built in 1957. This address can also be written as 515 E William St, San Jose, CA 95112.
©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Joel Hopman, (415) 722-2200
