279-295 East San Fernando Street

San Jose, CA 95112

$9,800,000
Last Sold Price
Beds
19,777 Sq. Ft.
$496 / Sq. Ft.
19,777
Sq. Ft.
$496
per Sq. Ft.

Description

This multifamily apartment portfolio, consists of (3) Iconic Properties: Ivy Hall, Dorchester mansion and The Duplex Manor. 279 E San Fernando (Ivy Hall) consists of (17) Single Room Occupancy Bedrooms (SROs). 295 E San Fernando (Dorchester Mansion) consists of (1) 2 Bed 1 Bath (9) 1 Bed 1 Bath (5) Studios and (1) 4 Bed 1.5 Bed Single Family House. 73 S 7th St (Duplex Mansion) consists of (1) 4 Bed 1 Bath (1) 3 Bed 1 Bath Units. The portfolio is located across the street from San Jose State University....This multifamily apartment portfolio, consists of (3) Iconic Properties: Ivy Hall, Dorchester mansion and The Duplex Manor. 279 E San Fernando (Ivy Hall) consists of (17) Single Room Occupancy Bedrooms (SROs). 295 E San Fernando (Dorchester Mansion) consists of (1) 2 Bed 1 Bath (9) 1 Bed 1 Bath (5) Studios and (1) 4 Bed 1.5 Bed Single Family House. 73 S 7th St (Duplex Mansion) consists of (1) 4 Bed 1 Bath (1) 3 Bed 1 Bath Units. The portfolio is located across the street from San Jose State University. The four buildings are iconic to the city of San Jose with a pride of ownership corner lot. 279 E San Fernando St consists of 17 single-room occupancy bedrooms including FREE Wi-Fi for tenants, a manager's office, a communal kitchen, bathrooms, and a lounging area with cable TV. Every unit has the option of renting a parking space or a garage for their convenience and added income.

Listing Agents

  1. Ray Rodriguez

    Ray Rodriguez

    Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

  2. Tony Zizzo

    Tony Zizzo

    Alternative Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

Property Details for 279-295 East San Fernando Street

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
7
Parking Spaces
31
LISTING UPDATED: 08/29/2023 10:21 AM

Property Details for 279-295 East San Fernando Street

StatusSold
MLS #ML81933442
Days on Compass42
Taxes$116,170 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1898
Lot Size0.65 AC / 28,314 SF
CountySanta Clara County
Buyer's Agent Compensation2%

Building Information for 279-295 East San Fernando Street

Stories-Residences-Year Built1898Building Size-Lot Size0.65 AC / 28,314 SF

Property Information for 279-295 East San Fernando Street

Features
Features
  • Fireplace: No
  • Living SqFt: 19777
  • Pool: No
  • Security Features: Secured Garage / Parking
  • Special Features: Other
Utilities
  • Cooling: Ceiling Fan, Window / Wall Unit
  • Heating: Electric, Forced Air, Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Gate / Door Opener
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 35
  • Area Text: Central San Jose
  • Restrictions: None
  • Roof: Wood Shakes / Shingles
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 279-295
  • Street Name: San Fernando
  • Street Direction Prefix: East
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 4
  • Structure SqFt: 19777
  • Structure SqFt Source: Other
  • Age: 125
Development Information
  • Zoning Detail: RM
Location Information
  • Parcel Number: 467-24-023
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Brick, Concrete Perimeter, Crawl Space
  • Lot Acres: .65
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
General Information
  • Annual Tax Amount: $116,170
  • Capitalization Rate: 4.43
  • Tenant Expenses: Fee - Parking, Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Parking, Rents, Other
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $22,755
  • Expense Landscape: $0
  • Expense Maintenance: $21,000
  • Expense Management: $28,475
  • Expense Trash: $14,652
  • Expenses Other: $25,845
  • Expenses Utility: $39,750
  • Expenses Total: $268,647
  • Operating Expenses Include: Cable TV, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 13.63
  • Income Annual Gross: $711,542
  • Income Annual Rental: $722,028
  • Income Gross Scheduled: $733,548
  • Income Other: $11,520
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $3,665
Unit 2 Information
  • Unit 2 Approx Square Footage: 1191
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 4
  • Unit 2 Rent: $3,795
Unit 3 Information
  • Unit 3 Approx Square Footage: 1191
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Rent: $3,400
Unit 4 Information
  • Unit 4 Approx Square Footage: 850
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,800
Unit 5 Information
  • Unit5 Full Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 1825
  • Unit Type1 Units Total: 1
Unit Type 2
  • Unit Type2 Units Total: 1
Unit Type 3
  • Unit Type3 Units Total: 1
Unit Type 4
  • Unit Type4 Units Total: 1
Unit Type 5
  • Unit Type5 Units Total: 2
Unit Type 6
  • Unit Type6 Total Units: 7
Unit Type 7
  • Unit Type7 Units Total: 5
Unit Type 8
  • Unit Type8 Units Total: 17

Property History for 279-295 East San Fernando Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 279-295 East San Fernando Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Ace Inspire Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Ray Rodriguez, DRE #01999734; Compass, Tony Zizzo, DRE #01962093

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.