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635 S 11Th St, San Jose, CA 95112
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635 S 11Th St San Jose, CA 95112

$5,875,000
  • 3 Beds
  • -- Baths
  • 15,306 Sq.Ft.
For Sale
$5,875,000 Get Pre-Qualified

Property Overview: 635 S 11Th St San Jose, CA has 3 bedrooms, -- bathrooms, 15,306 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent current cap rate of 5.5% with desirable unit mix of 2-bedroom & 1-bedroom units! The property is well located a few block from SJSU and downtown San Jose. Marketing Package available upon request with detailed financials, photos an more.

Listed by Mitchell Zurich Zurich | BRE #01870648 | Marcus & Millichap
Last checked: 7 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 145
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Home details

Lot Sq. Ft
13,068
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Other
Status
Active
MLS#
ML81951542
City
San Jose
County
Santa Clara
Time on Site
153 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $489,876
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $4,888
  • Insurance: $16,946
  • Maintenance: $10,000
  • Other Expenses: $0

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Property Details for 635 S 11Th St

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Wall Furnace
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 47223110
  • Year Built Source: Assessor
View more facts & features

Local San Jose Agent

Sale History for 635 S 11Th St

Last sold for $1,074,000 on August 31st, 2015

  • January, 2024

  • Jan 16, 2024

    Date

    Active

    CRMLS: ML81951542

    $5,875,000

    Price

  • August, 2022

  • Aug 10, 2022

    Date

    Expired

    CRMLS: ML81889377

    $6,550,000

    Price

  • Apr 29, 2022

    Date

    Active

    CRMLS: ML81889377

    $6,550,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 20 unit apartment building in Downtown San Jose, 2 blocks from San Jose State University. 13, 2BD/1BA units & 7, 1BD/1BA units. Units are at or near market rates. Opportunity exists to increase rents. (Subject to San Jose ARO). Income for 2022 is projected to be $439,201 and at market level the building should generate $530,400 annual income. Average rent for the 2BD/1BA units is $1,943 and $1,605 for the 1BD/1BA units. Average rents for a comparable 2BED unit in the area is $2,350 and $1,950 for a 1BED unit. On-site laundry facility generates additional income of $1,300 annually. All of the units have been renovated including: kitchens & baths, laminate flooring, and double-pane windows. Built in 1963, classic three-story, walk-up, Garden Style. 18 "tuck-under" parking spaces and 4 uncovered spaces on-site. Tenants pay gas, electric, phone & cable. Owner pays water & sewer, trash and common area utilities. Very strong rental area.

  • February, 2021

  • Feb 15, 2021

    Date

    Expired

    CRMLS: ML81796975

    $6,398,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: ML81796975

    $6,599,000

    Price

  • Listing provided courtesy of CRMLS

    DeLaVe Villa Apartments offers a desirable unit mix of 7 one-bedroom/one-bath units and 13 two-bedroom/one-bath units. Other amenities tenants enjoy our onsite coin-operated laundry, well-lit tuck-under parking, and ample on-street parking. DeLaVe Villa Apartments is located in San Jose Unified School District. Built-in 1963, the property is situated on a 0.3- acre parcel. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels. The property is a turn-key asset in a world-class location in the heart of Silicon Valley ready for prospective buyers.

  • October, 2019

  • Oct 28, 2019

    Date

    Canceled

    CRMLS: ML81771762

    $6,650,000

    Price

  • Oct 9, 2019

    Date

    Active

    CRMLS: ML81771762

    $6,650,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 20 unit building, 2 blocks from San Jose State. Thirteen (2bed/1ba), Seven (1bed/1ba) units. Most units have been updated with granite counters, cabinetry and appliances in the kitchens; vanities, toilets & tubs in baths as needed. Parking includes 18 covered spaces and 4 open spaces. Individual meters for gas & electricity - tenants pay. Owner pays water, trash, sewer and utilities for common areas such as exterior lighting and community laundry - gas & electricity. Laundry equipment is leased but generates excellent additional income. Downtown San Jose is developing quickly with the planned Google campus, Adobe building expansion and a multitude of up and coming developments adding to the high tech community.

  • August, 2019

  • Aug 18, 2019

    Date

    Expired

    CRMLS: ML81755080

    $6,650,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: ML81755080

    $6,650,000

    Price

  • Listing provided courtesy of CRMLS

    Well maintained 20 unit apartment building located in Downtown San Jose, 2 blocks from San Jose State University. 13 units are two-bedroom, one-bath and 7 units are one-bed one-bath units. All units are fully rented at near market rates. The opportunity exists to increase rents-Subject to San Jose Apartment Rental Ordinance. Average rent for the 2/2 units is $2,157 and $1,586 for the 1/1 units. The building also has an on-site laundry facility which generates additional income. 19 of the units have been renovated with granite counters, cabinetry, appliances, bathrooms vanities, toilets and tubs where needed, laminate flooring, and double-pane windows. Built in 1963, Garden Style architecture, wood frame with stucco siding and a concrete foundation. 18 covered and 4 uncovered parking spaces on-site, additional parking on street. Close to planned Google campus, Adobe building expansion, and a multitude of other up and coming developments in San Jose.

  • November, 2018

  • Nov 26, 2018

    Date

    Canceled

    CRMLS: ML81709817

    $7,290,000

    Price

  • Jun 12, 2018

    Date

    Active

    CRMLS: ML81709817

    $7,290,000

    Price

  • Listing provided courtesy of CRMLS

    Two story apartment complex with 20 units , combination of 2/1's and 1/1's, on-site laundry, ample parking, located close to 101,680,280 freeways for ease of commuting.

  • August, 2015

  • Aug 31, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,074,000

    Price

  • November, 2013

  • Nov 27, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2004

  • Dec 14, 2004

    Date

    Sold

    CRMLS: ML80414267

    $2,150,000

    Price

  • Jul 29, 2004

    Date

    Active

    CRMLS: ML80414267

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    $150,000 PRICE REDUCTION!!!! Great Unit Mix Walking distance to San Jose State University Convenient freeway access

  • July, 2004

  • Jul 10, 2004

    Date

    Expired

    CRMLS: ML80382390

    $2,450,000

    Price

  • Mar 9, 2004

    Date

    Active

    CRMLS: ML80382390

    $2,600,000

    Price

  • Listing provided courtesy of CRMLS

    $150,000 PRICE REDUCTION!!!! Great Unit Mix Walking distance to San Jose State University Convenient freeway access

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Tax History for 635 S 11Th St

Assessed Value (2020): $3,506,101
Year Land Value Improved Value Assessed Value
2020 $951,708 $2,554,393 $3,506,101

Home Value Compared to the Market

This property vs the competition

635 S 11Th St is listed 407.34% higher than the median list price for the city of San Jose which has a median list price of $1,158,000. The median price per/sqft for San Jose is $738 and this home is listed at $383.84 per/sqft which puts the price per square foot 47.99% lower than the median price per square foot for the city of San Jose.

About 635 S 11Th St

Detailed summary of property

635 S 11Th St is a other located in San Jose, CA 95112 and is currently for sale. This property offers 3 bedrooms, -- bathrooms, roughly 15,306 living square feet, and sits on an approximately 13,068 square foot lot. 635 S 11Th St was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $5,875,000. The median priced home in San Jose is $1,158,000 with a median price per square foot of $738. Based on Ardent Real Estate Group's San Jose Market Data, this home is listed 407.34% higher than the median priced home. While the average home in San Jose, CA is selling in 266 days, 635 S 11Th St has a days on market of 145 days. There are currently 3751 homes for sale in the San Jose real estate market and 2558 of them are single family homes while 721 of them are condos and 468 are townhomes. For more information on this home for sale at 635 S 11Th St San Jose, CA 95112 contact Ardent Real Estate Group and we will put you in touch with one of our San Jose agents.

Public Facts for 635 S 11Th St

Public county record property details
Beds
--
Baths
--
Year built
1963
Sq. Ft.
15,306
Lot Size
13,022
Stories
3
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Santa Clara
Lot#
--
APN
472-23-110

The source for these homes facts are from public records.

95112 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$636
Median Sold Price
$1,020,000
Median Sold Price/Sq.Ft.
$770
Total Inventory
152
Median Sale to List Price %
97.42%
Avg Days on Market
17
Loan Type
Conventional (58.82%), FHA (0%), VA (0%), Cash (29.41%), Other (11.76%)

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Buy this home with Ardent Real Estate Group and get $17,625 back.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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