Log In/Sign Up
Your email has been sent.
Investment Highlights
- 27 private bedrooms one block from San Jose State University
- Major 2012-2013 remodel, including new roof, HVAC, plumbing & electrical
- Nearly the entire rent roll is upside: 5 month-to-month tenancies
- ±15,190 SF building on an 18,560 SF lot, the largest on the block
- Commercial & residential kitchens, large common room & interior courtyard
- Minutes to I-280, US-101 & Downtown San Jose
Executive Summary
Borelli Investment Company is pleased to present 168 S 11th Street, a ±15,190 SF residence hall on an 18,560 SF lot, the largest on its block, located one block east of the San Jose State University campus. For many years the building served as the Kappa Sigma fraternity house at San Jose State, and it offers 27 private bedrooms supported by common areas that include a commercial kitchen, a residential kitchen, a large common room, numerous restrooms (several with multiple showers), an interior courtyard, and a basement.
Originally constructed in 1961, the building underwent a major remodel in 2012-2013 that took the first floor down to the studs and fully rebuilt the second story, along with a new roof, HVAC, plumbing, and electrical, among other improvements. With the major building systems already addressed, a buyer can direct capital toward interior finishes and room upgrades rather than base-building work.
San Jose State enrolled nearly 40,000 students in fall 2025, the largest total in its history, and more than 80% of its students live off campus. With nearly the entire rent roll available (five month-to-month tenancies in place today), a buyer can execute immediately: re-tenant the 27 existing bedrooms on the student lease cycle, convert a portion of the common area into additional bedrooms, or occupy the building for university or institutional use. The improvements also lend themselves to senior living or affordable and supportive housing.
Originally constructed in 1961, the building underwent a major remodel in 2012-2013 that took the first floor down to the studs and fully rebuilt the second story, along with a new roof, HVAC, plumbing, and electrical, among other improvements. With the major building systems already addressed, a buyer can direct capital toward interior finishes and room upgrades rather than base-building work.
San Jose State enrolled nearly 40,000 students in fall 2025, the largest total in its history, and more than 80% of its students live off campus. With nearly the entire rent roll available (five month-to-month tenancies in place today), a buyer can execute immediately: re-tenant the 27 existing bedrooms on the student lease cycle, convert a portion of the common area into additional bedrooms, or occupy the building for university or institutional use. The improvements also lend themselves to senior living or affordable and supportive housing.
Property Facts
| Price | $4,000,000 | Lot Size | 0.43 AC |
| Price Per SF | $263.33 | Building Size | 15,190 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Sorority/Fraternity House | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.66/1,000 SF |
| Zoning | R-M | ||
| Price | $4,000,000 |
| Price Per SF | $263.33 |
| Property Type | Specialty |
| Property Subtype | Sorority/Fraternity House |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 15,190 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.66/1,000 SF |
| Zoning | R-M |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 467-26-094 | Improvements Assessment | $622,077 |
| Land Assessment | $555,088 | Total Assessment | $1,177,165 |
Property Taxes
Parcel Number
467-26-094
Land Assessment
$555,088
Improvements Assessment
$622,077
Total Assessment
$1,177,165
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1



