13-unit multifamily in downtown San Jose. Features 12 one-bedroom/one-bath units and 1 studio, with on-site laundry, 12 parking spaces (9 covered), and attractive curb appeal with mature landscaping. Current average rent is $1,339/month vs. ~$2,000 market, creating strong value-add potential. Priced below area averages. Built in 1961 on a 12,420 SF lot, the 6,536 SF structure offers stable cash flow with upside through renovations, rent increases, and compliance upgrades. Ideal for investors seeking repositioning opportunities, 1031 exchange buyers, or those comfortable with renovation-driven appreciation. Marketing package and disclosures available.
Property Features
Cooling Information
Ceiling Fan(s)
Central Air
Wall/Window Unit(s)
Heating Information
Radiant
Water Features
Public
Utilities
Cable Available
Parking
Carport
School Information
School Information for 358 N 7th Street, SAN JOSE, CA 95112
Elementary School
Grant Elementary
Middle School
Muwekma Ohlone Middle School
High School
N/A
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Last Updated: 2025-12-10 14:46:25
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