457 South 10th Street

San Jose, CA 95112

$2,825,000
Last Sold Price
Beds
5,847 Sq. Ft.
$483 / Sq. Ft.
5,847
Sq. Ft.
$483
per Sq. Ft.

Description

457 S 10th Street, a 9-unit apartment complex located in the thriving city of San Jose, CA. The apartment has a desirable unit mix featuring nine (9) spacious one-bedroom/one-bathroom units. The complex sits on a 6,486 square foot parcel with 5,847 square feet of building area. 457 S 10th Street is centrally located within Downtown San Jose. It is located less than a block away from San Jose State University. As part of the Silicon Valley, this property also has a close proximity to high-tech companies...457 S 10th Street, a 9-unit apartment complex located in the thriving city of San Jose, CA. The apartment has a desirable unit mix featuring nine (9) spacious one-bedroom/one-bathroom units. The complex sits on a 6,486 square foot parcel with 5,847 square feet of building area. 457 S 10th Street is centrally located within Downtown San Jose. It is located less than a block away from San Jose State University. As part of the Silicon Valley, this property also has a close proximity to high-tech companies such as Ebay! , Cisco Systems, IBM, Adobe Systems, Intel, LinkedIn, Apple, Yahoo! , Facebook, Google, and many others. The property recently had many capital improvements done including a brand new roof installed recently, and a facade upgrade done to the exterior of the building. The investment appeal of this asset is driven by San Jose's strong employment fundamentals, low vacancy levels, and a world class location in the heart of the Silicon Valley.
  1. Listed by Adam S. Levin • DRE #01462752 • Brokerage DRE #01240999 • Marcus & Millichap • 650-492-0934
  2. Listed by Eymon Binesh • DRE #02060059 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 457 South 10th Street

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
0
Parking Spaces
3

Location

Listing Courtesy of Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Eymon Binesh, DRE #02060059

Sold By Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Eymon Binesh, DRE #02060059

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LISTING UPDATED: 07/28/2021 11:35 AM

Property Details for 457 South 10th Street

StatusSold
MLS #ML81831954
Days on Compass91
Taxes$38,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.15 AC / 6,454 SF
CountySanta Clara County

Location

Listing Courtesy of Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Eymon Binesh, DRE #02060059

Sold By Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Eymon Binesh, DRE #02060059

Add your commute

Building Information for 457 South 10th Street

Stories-Residences-Year Built1960Building Size-Lot Size0.15 AC / 6,454 SF

Payment Calculator

$18,585 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,417

Property Taxes

$3,168

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 457 South 10th Street

Features
Features
  • Fireplace: No
  • Living SqFt: 5847
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 7
Garage
  • Garage and Parking: Assigned Spaces, Lighted Parking Area, On Street, Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 9
  • Area Text: Central San Jose
  • Restrictions: None
  • Roof: Foam
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 457
  • Street Name: 10th
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5847
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • Parcel Number: 467-49-005
  • 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
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $38,014
  • Capitalization Rate: 4.27
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $1,889
  • Expense Landscape: $1,200
  • Expense Maintenance: $4,500
  • Expense Management: $0
  • Expense Trash: $8,663
  • Expenses Other: $1,200
  • Expenses Utility: $8,993
  • Expenses Total: $64,459
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 14.98
  • Income Annual Gross: $189,394
  • Income Annual Rental: $193,092
  • Income Gross Scheduled: $195,252
  • Income Other: $2,160
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 650

Property History for 457 South 10th 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 457 South 10th Street

Taxable ValueLand$1,785,000Additions$1,096,500Total$2,881,500
Tax Record2023$37,487 ($3,124 / month)
Home Facts
Total Finished SqFt5,847 SqFtAbove Grade Finished SqFt5,847 SqFtStories3Lot Size6,486 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningRMCountySANTA CLARAAPN467-49-005Fireplace TypeHas Fireplace

Schools near 457 South 10th 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
Lowell Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Downtown College Preparatory Middle
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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Similar Sold 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 Marcus & Millichap, Adam S. Levin, DRE #01462752; Marcus & Millichap, Eymon Binesh, DRE #02060059

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.