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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 7.59 %
  • Tenancy Multiple
  • Zoning MUC -Mixed Use Commercial
58 Transit Score
91 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

Financial Summary (Actual)

Net Operating Income: $339,900 USD (2024)
Cap Rate: 7.59 %
Total Expenses: $77,535 USD

Public Transportation

Commuter RailDriveWalkDistance
Tamien (Caltrain - Caltrain (Caltrain)) 3 min 19 min 1.0 mi
3 min - 1.1 mi
Transit/SubwayDriveWalkDistance
Virginia Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail) 4 min 13 min 0.7 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 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) 2 min 16 min 0.8 mi
Tamien (Caltrain - Caltrain (Caltrain)) 3 min 19 min 1.0 mi
Children's Discovery Museum Station (Alum Rock - Santa Teresa Line - Santa Clara VTA Light Rail) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 9 min - 4.3 mi
Metro Oakland International 49 min - 36.9 mi
San Francisco International 47 min - 37.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Lloyd Bakan 650-425-6418 Avison Young
Lloyd Bakan 650-425-6418 Avison Young