New Listing
$3,025,000
( $475.33Per Sq Foot )
 $16,239 est/mo Sourced by Back At You

649 S 9th Street,San Jose, CA 95112

San Jose, CA 95112

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Description

One of the Best True Cap Rates you will find in downtown San Jose... Property can be sold together with Neighboring 14 unit building - Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for every unit. Its offered at $3,025,000 ($252,083 per unit), with a 6.22% current cap rate that rises to 7.11% at market rents, and it can be bought on its own or with 659 S 9th Street as a 26-unit portfolio

Details

MLS #ML82066425
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1959
Days On Site7
Listing Provided ByCompass | Ray Rodriguez

Features

SQ Feet6,364
Car PortYes
Building(s)1
ZoningRM
Acreage0.23

Interior

HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofFlat, Foam

Taxes

Property36236

Area Information

StateCA
CountySanta Clara
CitySan Jose
Zip Code95112
Area699 Not Defined
Listing VS Median (in 95112)
Price:
$3,025,000
low | high
Med:
$1,075,000
100% of Average
sqft:
6,364
low | high
Med:
1,312
100% of Average
$ / sqft:
$475
low | high
Med:
$819
22.37704091917% of Average
On site:
7
low | high
Med:
21
33.333333333333% of Average
Sourced by Back At You

Market Activity 95112

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountySanta Clara
CitySan Jose
Zip Code95112
Area699 Not Defined
Listing VS Median (in 95112)
Price:
$3,025,000
low | high
Med:
$1,075,000
100% of Average
sqft:
6,364
low | high
Med:
1,312
100% of Average
$ / sqft:
$475
low | high
Med:
$819
22.37704091917% of Average
On site:
7
low | high
Med:
21
33.333333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.268M - $3.781M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
659 S 9th Street Property Photo 1
$2,995,000
659 S 9th Street
San Jose, CA 95112
Listing Updated: November 7, 2026 at 12:50:32 AM PST

Stephen Jacobs - Desert Lifestyle Properties