Multifamily
642 S 7th St
642 S 7th St, San Jose, CA 95112
Listing Price: $5,280,000
Investment Overview
642 S 7th St is an exceptional 12-unit apartment community located in the prosperous city of San Jose, California.
Situated on a 7,520 square foot parcel of land, the subject property was originally constructed in 1961 and features a gross building area of approximately 12,325 square feet, offering tenants and residents beautifully designed four-bedroom, three-bedroom, and two-bedroom floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry.
642 S 7th St sits near Downtown San Jose and is within proximity to the San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations.
Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco, among many other multinational enterprises.
The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 642 S 7th St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
642 S 7th St
Investment Highlights
- Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the South Bay.
- Convenient Tenant Amenities - 642 S 7th St offers tenants convenient amenities such as private covered parking and on-site laundry.
- Extensive Capital Improvements - Extensive capital improvements in select units including vinyl plank floors and granite/quartz countertops, plus dual pane windows throughout.
- Prime Downtown San Jose Location - 642 S 7th St sits near San Jose State University, capitalizing on the robust student housing demand.
- Quick Access Around the Bay Area – The subject property offers tenants and residents convenient access to I-280 and other major transportation routes, providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.
Exclusively Listed By
Listing Price: $5,280,000
Investment Highlights
- Exceptional South Bay Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset in one of the most dynamic and desirable locations in the South Bay.
- Convenient Tenant Amenities - 642 S 7th St offers tenants convenient amenities such as private covered parking and on-site laundry.
- Extensive Capital Improvements - Extensive capital improvements in select units including vinyl plank floors and granite/quartz countertops, plus dual pane windows throughout.
- Prime Downtown San Jose Location - 642 S 7th St sits near San Jose State University, capitalizing on the robust student housing demand.
- Quick Access Around the Bay Area – The subject property offers tenants and residents convenient access to I-280 and other major transportation routes, providing easy access to prestigious educational institutions, major employers, and the various lifestyle amenities offered in the Bay Area.
Investment Overview
642 S 7th St is an exceptional 12-unit apartment community located in the prosperous city of San Jose, California. Situated on a 7,520 square foot parcel of land, the subject property was originally constructed in 1961 and features a gross building area of approximately 12,325 square feet, offering tenants and residents beautifully designed four-bedroom, three-bedroom, and two-bedroom floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. 642 S 7th St sits near Downtown San Jose and is within proximity to the San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California serving millions of passengers every year to both domestic and international destinations. Additionally, the subject property is located near San Jose State University and the historic Santa Clara University, ranked 54th nationally for undergrad and 11th nationally for the executive MBA program based on US News & World Report Rankings. The community also benefits from its proximity to some of San Jose’s largest employers such as the Santa Clara County Medical Center, Adobe, PwC, Deloitte, and Cisco, among many other multinational enterprises. The investment appeal of this asset is driven by San Jose’s strong employment fundamentals and low vacancy levels. With a world-class location in Silicon Valley, 642 S 7th St presents an attractive choice for South Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Exclusively Listed By
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