642 S 7th St - Apartments FOR SALE


San Jose, CA 95112- Sun
$4,595,000 USD
650-546-1030
642 S 7th St, San Jose, CA for Sale
$4,595,000 USD
Apartments - FOR SALE
1/17
null | 5.52% Cap Rate

642 S 7th St
San Jose, CA 95112
Sun


HIGHLIGHTS

  • Featuring an exceptional unit mix of six oversized 2-bedroom units and six large 3-bedroom units
  • Highly desirable underground parking, a rare amenity for assets of this size
  • Select interior upgrades, including vinyl plank flooring, updated kitchens with granite/quartz countertops, and dual-pane windows throughout

OVERVIEW

Marcus & Millichap is pleased to present 642 S 7th Street, a rare 12-unit multifamily asset in the heart of Downtown San Jose, featuring an exceptional unit mix of six oversized 2-bedroom units and six large 3-bedroom units - ideal for families, roommates, and student housing demand. Built in 1961, the property spans approximately 12,325 square feet on a 7,520 square foot lot and offers highly desirable underground parking, a rare amenity for assets of this size. The property has seen select interior upgrades, including vinyl plank flooring, updated kitchens with granite/quartz countertops, and dual-pane windows throughout, along with on-site laundry for tenants. Located just minutes from Downtown San Jose, San Jose State University, and major Silicon Valley employers, 642 S 7th Street offers a prime location with strong rental demand and long-term upside.

FOR SALE DETAILS

PRICE

$4,595,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

12

PRICE/UNIT

$382,917

CAP RATE

5.52%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,520 SF

ZONING

RM

APN/PARCEL ID

472-24-101

ASK ABOUT THIS PROPERTY

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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

Eymon BineshMarcus & MillichapMore Info
650-546-1030

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