431 S 11Th St

San Jose , CA 95112

MLS#: 41114871

$2,850,000

Status: Active
Listing number: 41114871
Listing provided by: Re/Max Accord
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
Browse Properties
SAN JOSE CC - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1959

Sq.Footage

N/A

Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose — offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes — ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don’t miss the chance to invest in comfort, practicality, and long-term value!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.217

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,850,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

Santa Clara

Elementary School

Middle School

High School

Listing Courtesy of Leo Zhang , Re/Max Accord

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Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose — offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes — ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don’t miss the chance to invest in comfort, practicality, and long-term value!

431 S 11Th St

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