Property Detail

Description

These properties offer the experienced investor a value-add opportunity with the possibility for an ADU and the remaining older units to be remodeled. The wood structures also need some repair work. The property is unique in that it consists of four residential structures totaling 5,873 SF on two parcels totaling 15,420 SqFt. Property is zoned Residential Neighborhood in the San Jose 2040 General Plan so the structures are legal, non-conforming. The property consists of 10 units in four structures on two contiguous lots with the following addresses: - 126 N 7th Street (2) 1BR/1BA units, (1) 2BR/1BA unit (Triplex: 126-1, 126-2, 126-3) - 128 N 7th Street (1) 3BR/1BA unit (Single Family Residence) - 130 N 7th Street, Units 1 & 2 (2) 1BR/1BA units (Duplex: 130-1, 130-2) - 132, 132-A, 134, 136 N 7th Street (4) 1BR/1BA units (Fourplex) There is ample parking in the rear of this property. The parking area and the driveways on the two parcels are unpaved and partially covered in gravel. The parcels are located in the Horace Mann neighborhood of North Downtown San Jose, and are just two blocks from San Jose State University and two blocks from City Hall.