Bougth with Eddie Oberoi
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231 E San Fernando ST San Jose, CA 95112
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Key Details
Sold Price $4,250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,776 sqft
Price per Sqft $546
MLS Listing ID 426129453
Bedrooms 24
Full Baths 12
Year Built 1960
Lot Size 6,599 Sqft
Property Sub-Type Multi Family
Property Description
231 E San Fernando is a fully stabilized, turnkey multifamily asset in the heart of Downtown San Jose. The property has completed a fully permitted remodel, significantly increasing bedroom count and rental income. All major value-add work has been completed, allowing a new owner to immediately benefit from strong in-place cash flow. Located directly across from San Jose State University(SJSU), the property enjoys consistent rental demand, minimal vacancy, and easy leasing. Supported by a strong student tenant base and proximity to Silicon Valley employers, this asset offers both immediate yield and long-term growth potential.
Location
State CA
County Santa Clara
Area Central San Jose
Interior
Heating Wall Furnace
Cooling Room Air, Window Unit(s)
Flooring Tile, Vinyl
Laundry Coin Operated, Common Area, In Unit
Exterior
Utilities Available City, Electricity Available, Internet Available, Natural Gas Connected, Sewer Connected
Roof Type Flat
Building
Lot Description Shape Regular
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
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