Listed by Jimmy Castellanos - DRE #02024152 - Marcus & Millichap 650-391-1700
$2,390,000 affordable loan icon Calculate Payment

782 1st Street San Jose, CA 95112

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General Commercial Residence
Beds
Baths
5,712 Sq. Ft.
0.19 Acre Lot

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Last updated on 4/30/2024 12:10 AM
Beautifully designed units, individual water heaters, central A/C, and forced air heating throughout, 782 North 1st Street offers the rare opportunity to acquire a pride of ownership rental property walking distance to Japantown! Constructed in 1920, the property sits on an 8,276 square-foot lot (pe...r county assessor) and offers a gross building square footage of 5,712 square feet (per county assessor). The building provides a consistent unit mix of (4) one-bedroom and (4) studio units. With today's high construction costs, this property would not be economical to build. The location alone will allow for a consistent demand for new and qualified renters. 782 N 1st Street is in the Civic Center neighborhood, a terrific suburban area with well-kept properties and spectacular mountain views. The property sits across the street from the Civic Center Light Rail Station. The light rail connects residents to San Francisco, Alameda, Contra Costa, San Mateo, and Santa Clara counties. The property sits just north of Downtown San Jose's Japantown, well known for its dynamic dining scene, with unpretentious eateries serving regional Japanese fare. Downtown San Jose is just a mile away and hosts countless dining and entertainment options. Continue reading
MLS#
ML81960705
Property Type
General Commercial
Status
Year Built
1920
Square Feet
5,712 sq. ft
Lot Size
0.19

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Listed by Jimmy Castellanos - DRE #02024152 - Marcus & Millichap 650-391-1700
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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