80 S 22nd ST, San Jose, CA 95116
- $1,999,999
- 3,618
- SqFt
- Sold Price
- $1,999,999
- List Price
- $2,150,000
- Closing Date
- Apr 19, 2024
- MLS#
- ML81948925
- Status
- SOLD
- Property Type
- com
- Sqft. of Residence
- 3,618
- Lot Size
- 7,405
- Listing Area
- Central San Jose
- Year Built
- 1961
Property Description
Multifamily property consists of eight, 1BD/1BA units, approx 425 SF in size. Seven of the eight units have been renovated with newer cabinetry, granite countertops, appliances, flooring, paint and are in very good condition. All units also have double pane windows. All 8 units are currently rented with 7 at market rate of $1,895/month/unit. There are no delinquent rents or tenants in arrears. See the Unit Mix Report in OM for the rental amount for each unit. The 3,618 square foot building consist of a concrete foundation with stucco over wood structure, composite shingle roof and concrete parking lot. The lot size is 7,800 square feet and the property is zoned Residential Multifamily (RM). There are 8 uncovered parking spaces on-site. There is no tuckunder parking for this building which means that a "soft-story" engineering retrofit will not be required. The property is located in an exceptionally strong East San Jose Rental Market where demand for units is very robust. This property is subject to San Jose's Apartment Rental Ordinance and Tenant Protection Ordinance, as are all 3+ unit buildings constructed before 2007.
Additional Information
- Acres
- 0.17
- Age
- 62
- Amenities
- None
- Cooling System
- None
- Floor Covering
- Carpet, Laminate, Tile, Vinyl / Linoleum
- Foundation
- Concrete Slab
- Garage Parking
- Common Parking Area, No Garage, Uncovered Parking
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 3,618
- Lot Size
- 7,405
- Neighborhood
- Central San Jose
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition
- Sewer
- Sewer - Public, Sewer Connected, Sewer in Street
- Special Features
- None
- Zoning
- RM
Mortgage Calculator
Listing courtesy of Michael Shields from SiliconValley MultiFamilyGroup. 408-356-1900
Selling Office: GOLDRE.
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