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885-889 S 1st St
San Jose, CA 95110 Washington-Guadalupe

$4,495,000 USD

Storefront Retail Residential For Sale • 7,250 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 7,250 SF
Lot Size 0.23 AC
Building Class C
Year Built 1972
Cap Rate 7.72 %
Tenancy Multiple
Zoning MUC -Mixed Use Commercial

70 Transit Score

60 Walk Score

                
                    Highlights
                
                                High profile location on signalized corner
                            
                                Residential units are all fully furnished
                            
                                Easy to manage building with all tenants current on rent
                            
                                Both the residential and commercial units are updated and nicely improved

Property Flyers

Brochure

Rent Roll

Financial Summary (Actual)

Net Operating Income: $339,900 USD (2024)

Cap Rate:	7.72 %
Total Expenses:	$77,535 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Tamien Caltrain Station Northbound (Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain), South Santa Clara County Connector - Caltrain (Caltrain))	3 min	20 min	1.0 mi
San Jose (Capitol Corridor - Amtrak, Coast Starlight - Amtrak)	4 min	-	1.7 mi
Transit/Subway	Drive	Walk	Distance
Virginia Station (Baypointe - Santa Teresa - VTA, Baypointe - Santa Teresa Modified-S - VTA)	3 min	12 min	0.7 mi
Convention Center Station (Baypointe - Santa Teresa - VTA, Baypointe - Santa Teresa Modified-S - VTA, Old Ironsides - Winchester - VTA, Old Ironsides - Winchester Modified-S - VTA)	1 min	15 min	0.8 mi
Convention Center Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail, Mountain View - Winchester Line - Santa Clara VTA Light Rail)	2 min	15 min	0.8 mi
Children's Discovery Museum Station (Baypointe - Santa Teresa - VTA, Baypointe - Santa Teresa Modified-S - VTA)	2 min	20 min	1.1 mi
Tamien Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail)	4 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Norman Y Mineta San Jose International	8 min	-	4.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	9
Type:	Surface
Included in Rent:	Yes

Lloyd Bakan 650-425-6418 Avison Young

885-889 S 1st St San Jose, CA 95110 Washington-Guadalupe