This Multifamily Property is Off-Market.

553 S. 6th Street
San Jose, CA 95112 ·

6 Units · Multifamily For Sale



Multifamily Property For Sale

Price N/A Cap Rate 6.84%
No. Units 6 Gross Rent Multiplier 10.77
Building Size 4,090 SF Occupancy 100%
Property Type Multifamily No. Stories 2
Property Sub-type Garden/Low-Rise Year Built 1922
Property Use Type Investment Lot Size 9,583 SF
Commission Split 2.5% Parking Ratio 6 / 1,000 SF
Listing ID: 17533240 Date Created: 02/15/2012 Last Updated: 03/22/2012


13% Cash on Cash Return. 22% down payment. Assumable private loan of $800,000 fixed at 5% interest only. Aesthetically attractive building with charm and character. New copper plumbing and concrete driveway and parking area. Common patio. Basement with washer & dryer. Strong in place rents with upside potential. Mills Act keeps the property taxes low.

Situated between attractive single family homes. 2 parcels away from city park. One block to San Jose State University.


  • 13% Cash on Cash Return
  • High Leverage Opportunity - 22% down payment
  • Walking distance to San Jose State University
  • New Copper Plumbing, New Concrete Driveway
  • Individual Tankless Hot Water Heaters
  • Aesthetically Appealing


553 S. 6th Street, San Jose, CA 95112 (Santa Clara County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

San Jose Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 616 S. 7th Street
    616 S. 7th Street

    San Jose, CA 95112

    For Sale · $1,400,000

    3,324 SF Building


  • 1053 W. Hamilton Ave.
    1053 W. Hamilton Ave.

    San Jose, CA 95008

    For Sale · $1,400,000

    3,240 SF Building


  • 965 Pacific Ave
    965 Pacific Ave

    San Jose, CA 95126

    For Sale · $1,800,000

    3,298 SF Building


  • 468 S. 6th Street
    468 S. 6th Street

    San Jose, CA 95112

    For Sale · $1,980,000

    3,750 SF Building


The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)