SOLD 02/29/2024
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Commercial sold for $2,167,500 in 373 days
772 & 776 S 2nd St San Jose, CA, 95112
Off the market Other
Located in a quiet part of Downtown San Jose, the subject property offers well maintained one-bedroom, two-bedroom, and four-bedroom floor plans. It consists of a detached four-bedroom/two-bathroom home (est. 1,400 square feet, currently rented as an Airbnb), a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom and three two-bedroom/one bathroom units, a basement Art Studio (potential ADU conversion), and three two-car garages. The three, two-car garages (on a separate parcel) are currently rented out at $275 per month (estimated to be below market) as storage units, providing ownership with additional monthly income. A new owner could also rent out the Art Studio and several storage units located in the basement, further increasing the property's monthly cash flow and value. Both buildings have been renovated from 2019 to 2023. SELLER FINANCING 85% LTV
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Property details
4,998 sqft interior area
Land area
10,018 sqft (0.23 acres)
Address
772 & 776 S 2nd St, San Jose, CA, 95112
City of California
San Jose
County
Santa Clara
Year Built
1898
District
Listing
Nearby major retailers
Costco
Costco #129
Costco Tire Center
7-Eleven
AutoZone
Walgreens
CVS Pharmacy
Petco
O'Reilly Auto Parts
Verizon Wireless
Chevron
Rite Aid
Shell
MetroPCS
Public Storage
Jiffy Lube
See's Candies
The Home Depot
Dollar Tree
Big Lots
Gucci
Ross
Apple Store
Marshalls
GNC
GameStop
Supercuts
T-Mobile
AT&T
Nordstrom
Walmart Supercenter
Safeway
Staples
Kohl's
Crate & Barrel
Lowe's
Whole Foods Market
Trader Joe's
Trader Joe’s San Jose Coleman Avenue
Jamba Juice
Pet Food Express
Sears
Macy's
JCPenney
Walmart Neighborhood Market
Ace Hardware
Dish Network
Bloomingdale's
Wholesale: 4
Tyres: 1
Convenience: 54
Car parts: 19
Chemist: 19
Pet: 2
Mobile phone: 35
Storage rental: 4
Car repair: 3
Confectionery: 4
Do it yourself: 8
Variety store: 5
Department store: 16
Jewelry: 1
Electronics: 2
Nutrition supplements: 3
Video games: 3
Hairdresser: 6
Supermarket: 14
Stationery: 2
Beverages: 2
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Interior Features
Concrete, Hardwood, Laminate, Tile floors
Roof
Shingle
Floor Covering
Concrete, Hardwood, Laminate, Tile
Listed by
Michael Henshaw, Marcus & Millichap
Name
Michael Henshaw
License number
01134592
Brokerage company
Marcus & Millichap
MLS #
ML81919603
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Calculate your monthly payments
Mortgage
$6,655
Taxes
$0
HOA dues
$0
Mortgage
$433,500 / 20%
2.28%
30 years
Your amount
$6,655 / month
Lot details
TMK #47217055
Parcel nr.
47217055
95112 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95112
45%
Families with children
National average: 39%
37%
Non family households
503,869
Population
$116,175
Average Income
Age & gender
Median age 35 years
More info
Commute types
82% commute by car
More info
Education level
23% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
36% have 2 vehicle
More info
Vehicles by gender
36% have 2 vehicle
More info
Housing market insights for
$1.21m
Neighborhood average
sales price*
sales price*
$1.06m
Neighborhood median
sales price*
sales price*
587
Number
of sales*
of sales*
Housing type
42% are single detacheds
More info
Rooms
34% of the houses have 4 or 5 rooms
More info
Bedrooms
56% have 2 or 3 bedrooms
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Owners vs Renters
55% are renters
More info
8 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Feb 29, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 29, 2024 | Sold | $2,167,500 | 0 | Public Record |
| Feb 29, 2024 | Price Decrease | $2,167,500 -9.65% | 0 | MLS #ML81919603 |
| Dec 30, 2023 | Under contract | $2,399,000 | 0 | MLS #ML81919603 |
| Nov 2, 2023 | Price Decrease | $2,399,000 -5.92% | 0 | MLS #ML81919603 |
| Feb 22, 2023 | New Listing | $2,550,000 | 0 | MLS #ML81919603 |
Taxes of 772 & 776 S 2nd St, San Jose, CA, 95112
CN zoning / MLS #ML81919603
Zoning
CN
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Frequently Asked Questions about 772 & 776 S 2nd St
What is 772 & 776 S 2nd St?
772 & 776 S 2nd St is a Commercial/Industrial propertywith 4,998 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
772 & 776 S 2nd St, San Jose, CA, 95112.
What comparable properties are nearby?
Comparable nearby commercial properties include 694 S 2nd St, 594 S 6th St, 215 Oak St, 1016-1018 S Almaden Ave, 1016-1018 S Almaden Ave, 556 S 11th St.
Based on information from the bridgeMLS as of 04-27-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 02, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Đại Thành Supermarket, 0.42 miles away and Arteaga's Food Center, 0.46 miles away.
The 95112 zip area has a population of 503,869, and 45% of the families have children. The median age is 35.07 years and 82% commute by car. The most popular housing type is "single detached" and 55% is renter.
