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891 S 3rd St, San Jose, CA 95112
The building has 10 bedrooms and 8 bathrooms and has been well maintained. Copper pipes. Updated electrical box. New roof and solar will be installed soon. ADU is possible in the rear. Buyer can assume the first loan of about $1.3M at 5%.
772 & 776 S 2nd ST, SAN JOSE, CA 95112
Located in a quiet part of Downtown San Jose, the subject property offers well maintained one-bedroom, two-bedroom, and four-bedroom floor plans. It consists of a detached four-bedroom/two-bathroom home (est. 1,400 square feet, currently rented as an Airbnb), a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom and three two-bedroom/one bathroom units, a basement Art Studio (potential ADU conversion), and three two-car garages. The three, two-car garages (on a separate parcel) are currently rented out at $275 per month (estimated to be below market) as storage units, providing ownership with additional monthly income. A new owner could also rent out the Art Studio and several storage units located in the basement, further increasing the property's monthly cash flow and value. Both buildings have been renovated from 2019 to 2023. Seller Financing available up to 85% LTV.
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