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30 N 13th St
San Jose, CA 95112
Multifamily Property For Sale
·
18 Units
Investment Highlights
- Prime Investment in Excellent Central Location
Executive Summary
Citrine Advisors is pleased to offer this prime investment opportunity to acquire 30 N 13th St, a well-located, well-maintained, 18-unit apartment building in San Jose, California.
Built in 1958, this two-story vintage property features an attractive courtyard layout with mid-century appeal. It offers strong, stable cash flow with strong historical occupancy and near-market rents for all of its one-bedroom units.
The 9,450-square-foot building sits on a 15,100-square-foot mid-block lot. It includes on-site amenities like a shared laundry room for additional income and 17 rear carport parking spaces, each equipped with a dedicated storage locker.
Positioned in a high demand, university-adjacent pocket, the property delivers exceptional urban convenience. It sits just blocks from San Jose State University and less than a mile from Downtown San Jose, placing residents within walking distance of campus, nearby parks, local retail, and dining.
Strategically located near major Silicon Valley transit hubs and top tech employers, this asset blends immediate neighborhood conveniences with seamless regional connectivity.
Built in 1958, this two-story vintage property features an attractive courtyard layout with mid-century appeal. It offers strong, stable cash flow with strong historical occupancy and near-market rents for all of its one-bedroom units.
The 9,450-square-foot building sits on a 15,100-square-foot mid-block lot. It includes on-site amenities like a shared laundry room for additional income and 17 rear carport parking spaces, each equipped with a dedicated storage locker.
Positioned in a high demand, university-adjacent pocket, the property delivers exceptional urban convenience. It sits just blocks from San Jose State University and less than a mile from Downtown San Jose, placing residents within walking distance of campus, nearby parks, local retail, and dining.
Strategically located near major Silicon Valley transit hubs and top tech employers, this asset blends immediate neighborhood conveniences with seamless regional connectivity.
Property Facts
| Price Per Unit | $269,444 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 5.13% | Building Size | 9,464 SF |
| Gross Rent Multiplier | 10.9 | Average Occupancy | 94% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | C, San Jose | ||
| Price Per Unit | $269,444 |
| Sale Type | Investment |
| Cap Rate | 5.13% |
| Gross Rent Multiplier | 10.9 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 9,464 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | C, San Jose |
Amenities
Unit Amenities
- Storage Space
- Heating
Site Amenities
- Courtyard
- Laundry Facilities
- Security System
- Zen Garden
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
Property Taxes
| Parcel Number | 467-15-011 | Improvements Assessment | $1,981,716 |
| Land Assessment | $3,680,269 | Total Assessment | $5,661,985 |
Property Taxes
Parcel Number
467-15-011
Land Assessment
$3,680,269
Improvements Assessment
$1,981,716
Total Assessment
$5,661,985
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