431 S 11th St

$2,850,000
Price
Beds
Baths
6,248 Sq. Ft.
$456 / Sq. Ft.
6,248
Sq. Ft.
$456
per Sq. Ft.

Description

Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose — offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners...Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose — offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes — ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don’t miss the chance to invest in comfort, practicality, and long-term value!

Property Details for 431 South 11th Street

City
SAN JOSE
Dist Neighborhood Subdiv
SAN JOSE CC
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Converted
Total # Parking Spaces
9
LISTING UPDATED: 10/22/2025 01:22 AM

Property Details for 431 South 11th Street

StatusActive
MLS #41114871
Days on Compass65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1959
Lot Size0.22 AC / 9,453 SF
CountySanta Clara County

Location

Listing Courtesy of Re/Max Accord, Leo Zhang, DRE #02024974; RE/MAX Accord, Gloria Chun, DRE #02084703
Add your commute

Building Information for 431 South 11th Street

Stories-Residences9Year Built1959Building Size-Lot Size0.22 AC / 9,453 SF

Payment Calculator

$16,976 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,083

Property Taxes

$2,893

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 431 South 11th Street

Features
Feature Details
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Washer
Utility Details
  • Cooling: Other
  • Heating: Electric, Forced Air 1 Zone
  • Water/Sewer: PublicSewer
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Washer
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Back Yard
  • Lot Sq Ft Apx: 9453
  • Lot Size Square Feet: 9453.0
  • Roof: Bitumen
  • Sq Ft Apx: 6248
  • Year Built: 1959
Location Details
  • Directions to Property: GPS
  • FIPS Code: 06085
  • Census Tract: 2022
  • Parcel Number: 467-49-026
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
  • Street Direction: S
Multi Family Information
General Details
  • Units Total: 9
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Total Deposits: $16,676
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 757
  • Unit # 1 Rent: 2170
Unit 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 2
  • Unit # 2 Approx SqFt: 730
  • Unit # 2 Rent: 1897
Unit 3
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 1
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Approx SqFt: 609
  • Unit # 3 Rent: 1840
Unit 4
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 1
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Approx SqFt: 593
  • Unit # 4 Rent: 1900
Unit 5
  • Unit # 5 Occupied By: Tenant
  • Unit # 5 # of Bedrooms: 1
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 1
  • Unit # 5 Approx SqFt: 593
  • Unit # 5 Rent: 1949
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • Managers Unit: 1
  • On Site Parking Description: Carports - 2 Or More, Converted Garage, Covered Parking
  • Total Deposits: 16676
Income / Expense Details
  • Annual Rent Income: $211,608
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 431 South 11th Street

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Listed (Active)

EBRD #41114871

$2,850,000
Oct 15, 2025

Listed (Active)

MLSListings #BE41114871

$2,850,000
Oct 15, 2025

Listed (Active)

CRMLS #41114871

$2,850,000
Jun 1, 2024

Expired

EBRD #ML81948230

May 31, 2024

Expired

MLSListings #ML81948230

$2,690,000
Apr 1, 2024

Temporarily Off Market

EBRD #ML81948230

Apr 1, 2024

Temporarily Off Market

MLSListings #ML81948230

$2,690,000
Feb 8, 2024

Pending

EBRD #ML81948230

Feb 8, 2024

Contingent - Show

MLSListings #ML81948230

Nov 17, 2023

Listed (Active)

EBRD #ML81948230

$2,690,000
Nov 17, 2023

Listed (Active)

MLSListings #ML81948230

$2,690,000
Dec 5, 2022

Sold (Public Record)

Public Record #1502206550

$2,400,000

+4.5% / yr

Sep 22, 2022

Withdrawn

RESFAR #40997619

$2,680,000
Sep 22, 2022

Withdrawn

MLSListings #BE40997619

$2,680,000
Sep 22, 2022

Withdrawn

EBRD #40997619

Sep 21, 2022

Withdrawn

CRMLS #40997619

$2,680,000
Jun 15, 2022

Listed (Active)

EBRD #40997619

$2,680,000
Jun 15, 2022

Listed (Active)

RESFAR #40997619

$2,680,000
Jun 15, 2022

Listed (Active)

CRMLS #40997619

$2,680,000
Jun 15, 2022

Listed (Active)

MLSListings #BE40997619

$2,680,000
Sep 5, 2006

Sold

MLSListings #ML80641236

$1,175,000
Sep 5, 2006

Sold

EBRD #ML80641236

$1,175,000
Sep 5, 2006

Sold

RESFAR #80641236

$1,175,000
Aug 11, 2006

Sold (Public Record)

Public Record #201114599

$1,175,000
Jul 26, 2006

Pending

RESFAR #80641236

Jul 26, 2006

Pending

EBRD #ML80641236

Jul 26, 2006

Pending

MLSListings #ML80641236

Jul 5, 2006

Listed (Active)

EBRD #ML80641236

$1,299,000
Jul 5, 2006

Listed (Active)

MLSListings #ML80641236

$1,299,000
Jul 5, 2006

Listed (Active)

RESFAR #80641236

$1,299,000
DateEvent & SourcePrice
10/15/2025

Listed (Active)

EBRD #41114871

$2,850,000
10/15/2025

Listed (Active)

MLSListings #BE41114871

$2,850,000
10/15/2025

Listed (Active)

CRMLS #41114871

$2,850,000
06/01/2024

Expired

EBRD #ML81948230

05/31/2024

Expired

MLSListings #ML81948230

$2,690,000
04/01/2024

Temporarily Off Market

EBRD #ML81948230

04/01/2024

Temporarily Off Market

MLSListings #ML81948230

$2,690,000
02/08/2024

Pending

EBRD #ML81948230

02/08/2024

Contingent - Show

MLSListings #ML81948230

11/17/2023

Listed (Active)

EBRD #ML81948230

$2,690,000
11/17/2023

Listed (Active)

MLSListings #ML81948230

$2,690,000
12/05/2022

Sold (Public Record)

Public Record #1502206550

$2,400,000

+4.5% / yr

09/22/2022

Withdrawn

RESFAR #40997619

$2,680,000
09/22/2022

Withdrawn

MLSListings #BE40997619

$2,680,000
09/22/2022

Withdrawn

EBRD #40997619

09/21/2022

Withdrawn

CRMLS #40997619

$2,680,000
06/15/2022

Listed (Active)

EBRD #40997619

$2,680,000
06/15/2022

Listed (Active)

RESFAR #40997619

$2,680,000
06/15/2022

Listed (Active)

CRMLS #40997619

$2,680,000
06/15/2022

Listed (Active)

MLSListings #BE40997619

$2,680,000
09/05/2006

Sold

MLSListings #ML80641236

$1,175,000
09/05/2006

Sold

EBRD #ML80641236

$1,175,000
09/05/2006

Sold

RESFAR #80641236

$1,175,000
08/11/2006

Sold (Public Record)

Public Record #201114599

$1,175,000
07/26/2006

Pending

RESFAR #80641236

07/26/2006

Pending

EBRD #ML80641236

07/26/2006

Pending

MLSListings #ML80641236

07/05/2006

Listed (Active)

EBRD #ML80641236

$1,299,000
07/05/2006

Listed (Active)

MLSListings #ML80641236

$1,299,000
07/05/2006

Listed (Active)

RESFAR #80641236

$1,299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 431 South 11th Street

Taxable ValueLand$1,664,640Additions$832,320Total$2,496,960
Tax Record2025$34,722 ($2,893 / month)
Home Facts
Total Finished SqFt6,248 SqFtAbove Grade Finished SqFt6,248 SqFtStories2Lot Size9,453 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningRMCountySANTA CLARAAPN467-49-026Fireplace TypeHas Fireplace

Schools near 431 South 11th Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

431 South 11th Street is a multi-family home for sale in San Jose, CA 95112. This property was listed for sale on October 15, 2025 by Re/Max Accord, it's currently listed at $2,850,000. It has been on the market for a total of 65 days and was last sold on December 5, 2022. This listing's school district is San Jose Unified School District. Nearby schools include Horace Mann Elementary School, Muwekma Ohlone Middle and San Jose High School. 431 South 11th Street is a 0-bed, 0-bath, 6,248 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Accord, Leo Zhang, DRE #02024974; RE/MAX Accord, Gloria Chun, DRE #02084703

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.