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431 S 11th St
San Jose, CA 95112 Naglee Park

$2,725,000 USD

Apartments For Sale  •  9,866 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,866 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 5.19 %
  • Zoning RM, San Jose
63 Transit Score
87 Walk Score

Highlights

One block from San Jose State University
Buyers can target San Jose State renters with high end finishes to further the upside
Upgraded TPO roof in 2018.
Attached single garage with potential ADU conversion.
Upgraded water heater and wall heaters.

Financial Summary (Actual)

Net Operating Income: $141,311 USD (2025)
Cap Rate: 5.19 %
Total Expenses: $65,307 USD

Amenities

  • Courtyard
  • Laundry Facilities
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.0 mi
San Jose Diridon (Caltrain - Caltrain (Caltrain)) 5 min - 2.0 mi
Transit/SubwayDriveWalkDistance
Paseo de San Antonio Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 3 min 16 min 0.8 mi
Paseo de San Antonio Station northbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 4 min 17 min 0.9 mi
Santa Clara Station southbound (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 3 min 20 min 1.0 mi
Convention Center Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 10 min - 4.5 mi
Metro Oakland International 48 min - 36.0 mi
San Francisco International 48 min - 37.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Ray Rodriguez 626-483-5136 Compass Commercial
Ray Rodriguez 626-483-5136 Compass Commercial