51 S 19th ST

SAN JOSE, CA, 95116

$5,500,000

$184 per ft²
$5,500,000
$184 per ft²
Sold
Sold
carpenters-square
29,776 ft²
property_type
Commercial
calendar
Built 1961
Incredible opportunity in Downtown San Jose. Fantastic unit mix of (30) 2 bedroom / 1 bathroom townhouses. Spacious units - 993 SF each with private balconies. Individual hot water heaters. Strong in-place rents with upside potential. Only $252/SF. Current GRM of 8.98 and Current Cap Rate of 7.37%. Terrific 1031 exchange opportunity - sellers are willing to wait to.
MLS® ID:
ML81907801
Updated:
3/30/23
Coldwell Banker Realty
Tracy Pina
Mobile: (408) 460-0861Email: tracy.pina@cbrealty.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated
Floor Description
Carpet, Laminate, Tile, Vinyl / Linoleum
Cooling
None
Heating
Electric

Exterior/Building Features

Lot Size
0.49 acres lot
Roof
Foam
Sewer
Sewer - Public

Other Property Details

Area Name
9
Association Amenities
Common Utility Room
Garage
Yes
Parking
Covered Parking
View
Y
County
Santa Clara
Utilities
Individual Electric Meters, Individual Gas Meters
Water Source
Public
Pool
Yes
Zoning
RM

Property History

Date
Event
Price
Value
10/14/22
Under Contract
-
-
1/18/23
Pending
-
-
2/17/23
Price Change
$5,500,000
-26%
2/17/23
Sold
-
-

Courtesy of Newmark Cornish & Carey, Justin Bautista,
Listing Contact: 650-996-9384 

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Data last updated 8:43 AM UTC, 3/30/23

 

Coldwell Banker Realty
Tracy Pina
Mobile: (408) 460-0861Email: tracy.pina@cbrealty.com
Contact