168 S 11th St - Specialty FOR SALE


San Jose, CA 95112- Naglee Park
$4,000,000 USD
408-521-7117
168 S 11th St, San Jose, CA for Sale
$4,000,000 USD
Specialty - FOR SALE
1/39
null | Request Cap Rate

NEW


168 S 11th St
San Jose, CA 95112
Naglee Park


HIGHLIGHTS

  • 27 private bedrooms one block from San Jose State University
  • ±15,190 SF building on an 18,560 SF lot, the largest on the block
  • Major 2012-2013 remodel, including new roof, HVAC, plumbing & electrical
  • Commercial & residential kitchens, large common room & interior courtyard
  • Nearly the entire rent roll is upside: 5 month-to-month tenancies
  • Minutes to I-280, US-101 & Downtown San Jose

OVERVIEW

Borelli Investment Company is pleased to present 168 S 11th Street, a ±15,190 SF residence hall on an 18,560 SF lot, the largest on its block, located one block east of the San Jose State University campus. For many years the building served as the Kappa Sigma fraternity house at San Jose State, and it offers 27 private bedrooms supported by common areas that include a commercial kitchen, a residential kitchen, a large common room, numerous restrooms (several with multiple showers), an interior courtyard, and a basement. Originally constructed in 1961, the building underwent a major remodel in 2012-2013 that took the first floor down to the studs and fully rebuilt the second story, along with a new roof, HVAC, plumbing, and electrical, among other improvements. With the major building systems already addressed, a buyer can direct capital toward interior finishes and room upgrades rather than base-building work. San Jose State enrolled nearly 40,000 students in fall 2025, the largest total in its history, and more than 80% of its students live off campus. With nearly the entire rent roll available (five month-to-month tenancies in place today), a buyer can execute immediately: re-tenant the 27 existing bedrooms on the student lease cycle, convert a portion of the common area into additional bedrooms, or occupy the building for university or institutional use. The improvements also lend themselves to senior living or affordable and supportive housing.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,560 SF

ZONING

R-M

APN/PARCEL ID

467-26-094

ASK ABOUT THIS PROPERTY

Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

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Ralph BorelliBorelli Investment CompanyMore Info
408-521-7117

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.