712 S. Second St., San Jose, CA

Multi-family for Sale - $1,214,000 - 2,470 Sq. Ft. on 4250 acres


Agent Info

John Morra
CENTURY 21 Masters

Property Info

CIMLS#1177463
Location
  712 S. Second St.
  San Jose CA 95112
UpdatedJune 13th, 2025
TypeMulti-family
Price$1,214,000
Building2,470 Sq. Ft.
Land4250 acres

Property Description

Investment Opportunity – 712 S. 2nd St, San Jose Located in San Jose’s vibrant SoFA District, 712 S. 2nd Street is a prime investment property offering excellent rental appeal and long-term growth potential. Just minutes from San Jose State University and downtown’s thriving tech and cultural scene, this property is ideally positioned for strong tenant demand. Tenants enjoy walkable access to local attractions like the Institute of Contemporary Art, Parque de los Pobladores, and the popular San Pedro Square Market. The area is rich in dining, shopping, nightlife, and public transit, making it a top choice for students, professionals, and creatives alike. For investors, this location offers steady rental income and the benefit of being in one of San Jose’s most active redevelopment zones. With ongoing downtown improvements and proximity to major employers, the property stands to appreciate in value while maintaining high occupancy rates. Whether you're looking to expand your portfolio or secure a high-demand rental, 712 S. 2nd Street delivers a compelling combination of lifestyle, location, and long-term potential. Offered at 6.7 Cap Rate. The City of San Jose allows a generous 5% yearly increase in rents!

No viewing. Fully occupied building. Write all offers ' Subject to Inspection'. Disclosure Link Here: https://app.disclosures.io/link/712-South-Second-Street-bqrlg6ea ( copy and paste). San Jose Rent Stabilization Program Link Here: https://www.sanjoseca.gov/your-government/departments-offices/housing/tenants/learn-about-rent-stabilization ( copy and paste) 'Guaranteed Lower Rate on This Property - Ask me How!'


Financials

Fully occupied: Top Rents!

Gross Scheduled Income: $101,064/yr

NOI= $82,449

Op. Exp. $35,515

CAP RATE: 6.8



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