225 South 11th Street

San Jose, CA 95112

$6,200,000
Last Sold Price
Beds
13,667 Sq. Ft.
$454 / Sq. Ft.
13,667
Sq. Ft.
$454
per Sq. Ft.

Description

High demand student housing opportunity across from SJSU. Over 14,675 sq ft remodeled in 2019 including 34 renovated rooms, updated bathrooms, new commercial quality kitchen, large dining area, well appointed common area, office space, manager units with attached bathrooms. New durable flooring, designer paint, trim and fixtures. Large patio off dining room with floor to ceiling windows. Two APNs Includes the adjoining 8,928 sq ft lot for parking with 27 spaces or could be used for future development....High demand student housing opportunity across from SJSU. Over 14,675 sq ft remodeled in 2019 including 34 renovated rooms, updated bathrooms, new commercial quality kitchen, large dining area, well appointed common area, office space, manager units with attached bathrooms. New durable flooring, designer paint, trim and fixtures. Large patio off dining room with floor to ceiling windows. Two APNs Includes the adjoining 8,928 sq ft lot for parking with 27 spaces or could be used for future development. More parking for approx 8 vehicles available behind the building. Ready for immediate lease up. The building is fully furnished with an option for a buyer to purchase items in place.
  1. Listed by Mike Herkenrath • DRE #01498867 • Brokerage DRE #00381163 • Pavicich Realty • 408-499-4440

Property Details for 225 South 11th Street

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
24
Cross Street
San Antonio

Location

Listing Courtesy of Pavicich Realty, Mike Herkenrath, DRE #01498867

Sold By Pavicich Realty, Mike Herkenrath, DRE #01498867

Add your commute
LISTING UPDATED: 07/13/2022 07:27 AM

Property Details for 225 South 11th Street

StatusSold
MLS #ML81880767
Days on Compass105
Taxes$105,197 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.32 AC / 14,124 SF
CountySanta Clara County

Location

Listing Courtesy of Pavicich Realty, Mike Herkenrath, DRE #01498867

Sold By Pavicich Realty, Mike Herkenrath, DRE #01498867

Add your commute

Building Information for 225 South 11th Street

Stories-Residences-Year Built1960Building Size-Lot Size0.32 AC / 14,124 SF

Payment Calculator

$42,602 per month

30 year fixed, 7.25% Interest

Principal and Interest

$33,836

Property Taxes

$8,766

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 225 South 11th Street

Features
Room Information
  • Additional Rooms: Basement - Finished, Laundry Room, Office Area, Storage
  • Basement: Finished
  • Kitchen: Countertop - Synthetic, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas
Features
  • Fireplace: No
  • Laundry: Hookups Only
  • Living SqFt: 13667
  • Pool: No
  • Security Features: Fire Alarm
  • Special Features: Parking, Wheelchair Access, Other
Utilities
  • Cooling: Central AC
  • Heating: Gas
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer Connected
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 34
  • Area Text: Central San Jose
  • Restrictions: Other
  • Roof: Polyurethane
  • Stories: 0.0
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 225
  • Street Name: 11th
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 13667
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Ownership Type: Limited Partnership
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 467-42-080
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Slab, Crawl Space, Pillars / Posts / Piers
  • Lot Acres: .32
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
General Information
  • Annual Tax Amount: $105,197
  • Capitalization Rate: 5.00
  • Tenant Expenses: Other
  • Income Includes: Parking, Storage Area, Vending Machine(s)
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $115,000
  • Expense Landscape: $1,920
  • Expense Maintenance: $25,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $209,112
  • Expenses Utility: $12,000
  • Expenses Total: $468,229
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 7.94
  • Income Annual Gross: $798,336
  • Income Annual Rental: $816,600
  • Income Gross Scheduled: $831,600
  • Income Other: $15,000
Unit 1 Information
  • Unit 1 Rent: $0
Unit 2 Information
  • Unit 2 Rent: $0
Unit 3 Information
  • Unit 3 Rent: $0
Unit 4 Information
  • Unit 4 Rent: $0
Listing Info
Rental Info
  • Lease Type: Net

Property History for 225 South 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 225 South 11th Street

Taxable ValueLand$2,813,373Additions$1,580,000Total$4,393,373
Tax Record2023$51,796 ($4,316 / month)
Home Facts
Total Finished SqFt13,667 SqFtAbove Grade Finished SqFt13,667 SqFtStories3Lot Size14,076 SqFtStyleSchoolYear Built1960ZoningRMCountySANTA CLARAAPN467-42-080

Schools near 225 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

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pavicich Realty, Mike Herkenrath, DRE #01498867

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.