Properties

Comm Ri Multi-units 5+ For Sale

19,200 Sqft - 680 8th Street, SAN JOSE, California 95112

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Property Description

680 S 8th St is a stunning 27-unit apartment community located in the thriving city of San Jose, California. Situated on a 19,044 square feet parcel of land, the subject property was originally constructed in 1959 and has a gross building area of approximately 19,200 square feet, offering its tenants beautifully designed one-bedroom and two-bedroom floor plans. 680 S 8th St has recently undergone significant exterior and interior renovations. 16 of the 27 total units have been extensively renovated with updated kitchens, updated cabinetry, granite countertops, dual pane windows, updated fixtures, vinyl plank flooring and ceiling fans in bedrooms. This provides investors the opportunity to achieve significant rental premiums through interior renovations and additions on the remaining 11 units. Residents at 680 S 8th St also enjoy many convenient amenities including on-site laundry facilities, covered parking, community courtyard, BBQ picnic area, bocce ball court and bike storage.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81849457
Price : $8,488,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 19,200 Sqft
Year Built : 1959
Lot Area : 0.44 Sqft
Features
Heating System : Wall Furnace
Cooling System : Ceiling Fan(s)
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Santa Clara
City : SAN JOSE
Zipcode : 95112
Street : 8th Street
Street Number : 680
Floor Number : 0
Longitude : W122° 7' 29.1''
Latitude : N37° 19' 46.6''
MLS Addon
Office Name : Marcus & Millichap
Building Type : Other
Area : Central San Jose
Address : 680 S 8th Street
Address Direction : S
LA1User Code : MLL482270
LA1Agent First Name : Robert
LA1Agent Last Name : Johnston
Status Category : Sold
Tot # Parking Spaces : 0
Tot # of Units : 27
Zoning : RM
List $/SqFt : $0
Age : 62
Apx Lot Sq Ft : 19,044 Sqft
Type of Building : Apt Complex
Annual Taxes : $110,168
Total Deposits : $0
DISABLED FEATURES : Other
ON-SITE PARKING DESC : Spaces - Assigned
OPERATING EXPENSES : Electric, Insurance, Maintenance/repair, Trash Removal, Utilities, Vacancy Factor, Water
TENANT PAYS : Electric, Gas
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.45
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $8,488,000
Sold Price : $8,350,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 619212
Net Oper Income : 377788
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 21541
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 13.71
Buyer Agent DRE Num. : 01462752
List Agent DRE Num. : 01853816
Filtered Address : 680 S 8th ST
LA1Agent License ID : 01853816
LA1Old Agent ID : 230805
LA1NRDS_ID : 01853816
LA2Agent First Name : Eymon
LA2Agent Last Name : Binesh
LA2User Code : MLL5082979
LA2Old Agent ID : 383844
SA1Agent First Name : Adam S.
SA1Agent Last Name : Levin
SA1Agent License ID : 01462752
SA1User Code : MLL478732
SA1Old Agent ID : 224354
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 472-24-105
Showing : See Confidential Remarks
SA2Agent First Name : Eymon
SA2Agent Last Name : Binesh
SA2Agent License ID : 02060059
SA2Old Agent ID : 383844
LO2Office Name : Marcus & Millichap
SO1Office Abbreviation : MLL88226
SO1Office Name : Marcus & Millichap
LO1Main Office ID : 74903
LO1Board ID : 0
LO2Office Identifier : 74903
LO2Main Office ID : 74903
SO1Office Identifier : 74903
SO1Board ID : 0
SO2Office Identifier : 74903
SO2Office Type : 0
SO2Office Name : Marcus & Millichap
SO2Office State : CA
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 8350000
Address Search Number : 680
Listing Agent : 269729
Listing Office : 74903
Co-List Agent : 334808
Listing Office 2 : 74903
Apprx Equity : 0
Buyer Agent 1 : 267804
Buying Office 1 : 74903
Co-Sell Agent : 334808
Buying Office 2 : 74903
Photo Count : 40
Input Date : 17/06/2021 22:19:34
Update Date : 14/11/2021 19:25:44
PhotoTimestamp : 13/11/2021 10:55:50
First Photo Add Timestamp :
List Date : 17/06/2021
Expire Date :
Pending Date : 18/08/2021
Closing Date : 10/11/2021
Status Date : 12/11/2021
Price Date :
Off Market Date : 18/08/2021
Status : Sold
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 62
Cumulative DOMLS : 62
Unit # 1 # of Bedrooms: 1
Unit # 2 # of Bedrooms: 2
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81849457
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 19,200 Sqft
$8,488,000
Agent info
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