457 South 10th Street

San Jose, CA 95112

$2,725,000
Price
Beds
5,847 Sq. Ft.
$466 / Sq. Ft.
5,847
Sq. Ft.
$466
per Sq. Ft.

Description

457 S 10th St, San Jose, CA 95112an exceptional investment opportunity in the heart of Santa Clara County! 9-unit apartment complex is located in Downtown San Jose, just steps from San Jose State University, offering a prime location for both investors and tenants alike. This property features a versatile unit mix of (9) 1-bedroom, 1-bath large apartments, each with designated carports and access to an on-site laundry facility. With approximately 5,847 square feet of living space on a 0.15-acre lot,...457 S 10th St, San Jose, CA 95112an exceptional investment opportunity in the heart of Santa Clara County! 9-unit apartment complex is located in Downtown San Jose, just steps from San Jose State University, offering a prime location for both investors and tenants alike. This property features a versatile unit mix of (9) 1-bedroom, 1-bath large apartments, each with designated carports and access to an on-site laundry facility. With approximately 5,847 square feet of living space on a 0.15-acre lot, the complex provides an attractive blend of comfort and convenience for tenants, while offering substantial rental income potential for investors. What truly sets 457 S 10th St apart is its unbeatable location. Its proximity to San Jose State University makes it an ideal housing option for students, ensuring consistently high demand and low vacancy rates. The surrounding area offers even more appeallocated less than a mile from San Pedro Square and with easy access to Highways 280, 101, and 680, this property puts all of San Joses top attractions and major employers within reach.

Listing Agents

  1. Tony Zizzo

    Tony Zizzo

    Listing Agent

    Compass

    DRE #01962093

    tony.zizzo@compass.com

    P: (408)-772-8661

  2. Ray Rodriguez

    Ray Rodriguez

    Alternative Listing Agent

    Compass

    DRE #01999734

    ray.rodriguez@compass.com

    P: (626)-483-5136

Property Details for 457 South 10th Street

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
0
LISTING UPDATED: 10/10/2024 12:20 AM

Property Details for 457 South 10th Street

StatusActive
MLS #ML81982155
Days on Compass23
Taxes$31,310 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.15 AC / 6,486 SF
CountySanta Clara County

Building Information for 457 South 10th Street

Stories-Residences-Year Built1960Building Size-Lot Size0.15 AC / 6,486 SF

Property Information for 457 South 10th Street

Features
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 5847
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 9
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 9
  • Area Text: Central San Jose
  • Restrictions: None
  • Roof: Rolled Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 457
  • Street Name: 10th
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5847
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • Parcel Number: 467-49-005
  • 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: Concrete Perimeter and Slab
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 9
General Information
  • Annual Tax Amount: $31,310
  • Capitalization Rate: 4.66
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $10,000
  • Expense Landscape: $1,800
  • Expense Maintenance: $5,400
  • Expense Management: $0
  • Expense Trash: $9,828
  • Expenses Other: $4,261
  • Expenses Utility: $8,692
  • Expenses Total: $71,291
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Maintenance, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Gross Rent Multiplier: 13.34
  • Income Annual Gross: $198,148
  • Income Annual Rental: $203,652
  • Income Gross Scheduled: $204,276
  • Income Other: $624
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,757
Unit Type 1
  • Unit Type1 Approx SqFt: 650

Property History for 457 South 10th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 457 South 10th Street

Taxable ValueLand$1,820,700Additions$1,118,430Total$2,939,130
Tax Record2023$37,487 ($3,124 / month)
Home Facts
Total Finished SqFt5,847 SqFtAbove Grade Finished SqFt5,847 SqFtStories3Lot Size6,486 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningRMCountySANTA CLARAAPN467-49-005Fireplace TypeHas Fireplace

Schools near 457 South 10th 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
Lowell Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Downtown College Preparatory Middle
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.

Similar Homes

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Similar Sold Homes

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457 South 10th Street is for sale in San Jose, CA 95112. This property was listed for sale on September 30, 2024 by Compass, it's currently listed at $2,725,000. It has been on the market for a total of 23 days and was last sold on July 20, 2021. This listing's school district is San Jose Unified School District. Nearby schools include Lowell Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 457 South 10th Street is a 0-bed, 0-bath, 5,847 sqft built in 1960.

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, Tony Zizzo, DRE #01962093; Compass, Ray Rodriguez, DRE #01999734

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.