960 S 7th St | San Jose, CA 95112
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- LoopNet Team
960 S 7th St
San Jose, CA 95112
Redevelopment Opportunity - Downtown San Jose · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Prime Development opportunities in Downtown San Jose
- Zoning and Building Density allows 2 units per parcel. 15 units on East side. 8 units on West Side. Total 24 Townhouse Units.
- Current usage: 1-4 residential income units. All units rented. Income generating assets.
- 68,517 SF (1.57 acres) on 9 parcels.
- Land Use: Residential Neighborhood; Zoning: R-2 Residence District (2 dwelling units per lot)
- San Jose is undergoing a veritable boom in multifamily development with 126 projects in the pipeline comprising 36,451 units
Property Facts
| No. Units | 20 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 11,326 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Townhome | No. Stories | 2 |
| Building Class | C | Year Built | 1950 |
| Zoning | R2 - all parcels designated as RN (Residential Neighborhood). Zoned R-2 Residence District (2 DU/lot) | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 11,326 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | R2 - all parcels designated as RN (Residential Neighborhood). Zoned R-2 Residence District (2 DU/lot) |
Property Taxes
| Parcel Number | 472-19-004 | Improvements Assessment | $72,908 |
| Land Assessment | $19,603 | Total Assessment | $92,511 |
Property Taxes
Parcel Number
472-19-004
Land Assessment
$19,603
Improvements Assessment
$72,908
Total Assessment
$92,511
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