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505 S 7th St
San Jose, CA 95112

Residential Property For Sale · 2 Units

Investment Highlights

  • Stabilized value add investment with ADU potential
  • Under market rents in place
  • Historical property that potentially qualifies for Mills Act to reduce property taxes significantly
  • Large corner lot
  • Significant upside in rental income and building value
  • Walking distance to Downtown, San Jose State, and the Google's Downtown West Campus

PROPERTY FACTS

No. Units 2
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,088 SF
Number of Floors 2
Year Built 1900
Parking Ratio 2.39/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
472-28-027
Land Assessment
£31,868
Improvements Assessment
£16,451
Total Assessment
£48,319

zoning

Zoning Code R4
R4
  • Listing ID: 26818587

  • Date on Market: 10/10/2022

  • Last Updated:

  • Address: 505 S 7th St, San Jose, CA 95112

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