SOLD 04/19/2024
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Commercial sold for $1,999,999 in 142 days
80 S 22nd St San Jose, CA, 95116
Off the market Other
Multifamily property consists of eight, 1BD/1BA units, approx 425 SF in size. Seven of the eight units have been renovated with newer cabinetry, granite countertops, appliances, flooring, paint and are in very good condition. All units also have double pane windows. All 8 units are currently rented with 7 at market rate of $1,895/month/unit. There are no delinquent rents or tenants in arrears. See the Unit Mix Report in OM for the rental amount for each unit. The 3,618 square foot building consist of a concrete foundation with stucco over wood structure, composite shingle roof and concrete parking lot. The lot size is 7,800 square feet and the property is zoned Residential Multifamily (RM). There are 8 uncovered parking spaces on-site. There is no tuckunder parking for this building which means that a "soft-story" engineering retrofit will not be required. The property is located in an exceptionally strong East San Jose Rental Market where demand for units is very robust. This property is subject to San Jose's Apartment Rental Ordinance and Tenant Protection Ordinance, as are all 3+ unit buildings constructed before 2007.
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Property details
3,618 sqft interior area
Land area
7,405 sqft (0.17 acres)
Address
80 S 22nd St, San Jose, CA, 95116
City of California
San Jose
County
Santa Clara
Year Built
1961
District
Listing
Nearby major retailers
Costco
Costco #129
Costco Tire Center
Walgreens
7-Eleven
Chevron
Rite Aid
AutoZone
Shell
MetroPCS
Public Storage
O'Reilly Auto Parts
See's Candies
Dollar Tree
CVS Pharmacy
Gucci
Ross
Apple Store
Marshalls
GNC
GameStop
Supercuts
T-Mobile
Verizon Wireless
AT&T
Nordstrom
Walmart Supercenter
Safeway
The Home Depot
Crate & Barrel
Jiffy Lube
Lowe's
Whole Foods Market
Staples
Trader Joe’s San Jose Coleman Avenue
Jamba Juice
Pet Food Express
Sears
Macy's
JCPenney
Walmart Neighborhood Market
Kohl's
Ace Hardware
Saks Fifth Avenue
Dish Network
Trader Joe's
Bloomingdale's
Wholesale: 3
Tyres: 1
Chemist: 16
Convenience: 44
Car parts: 14
Mobile phone: 28
Storage rental: 5
Confectionery: 4
Variety store: 4
Jewelry: 1
Department store: 15
Electronics: 2
Nutrition supplements: 3
Video games: 3
Hairdresser: 6
Supermarket: 11
Do it yourself: 6
Car repair: 1
Stationery: 1
Beverages: 2
Pet: 1
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Interior Features
Laminate, Tile floors
Roof
Shingle
Floor Covering
Laminate, Tile
Appliances
Refrigerator
Listed by
Michael Shields, SiliconValley MultiFamilyGroup
Name
Michael Shields
License number
01327546
Brokerage company
SiliconValley MultiFamilyGroup
MLS #
ML81948925
Buyer agent
Name
Leah Chen
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Mortgage
$6,141
Taxes
$0
HOA dues
$0
Mortgage
$400,000 / 20%
2.28%
30 years
Your amount
$6,141 / month
Lot details
TMK #46732002
Parcel nr.
46732002
95116 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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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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Local airport
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no data
People living in 95116
45%
Families with children
National average: 39%
34%
Non family households
528,911
Population
$118,942
Average Income
Age & gender
Median age 33 years
More info
Commute types
84% commute by car
More info
Education level
22% have high school education
More info
Number of employees
2% work in management
More info
Vehicles available
34% have 2 vehicle
More info
Vehicles by gender
34% have 2 vehicle
More info
Housing market insights for
$1.05m
Neighborhood average
sales price*
sales price*
$998.88k
Neighborhood median
sales price*
sales price*
562
Number
of sales*
of sales*
Housing type
41% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
56% have 2 or 3 bedrooms
More info
Owners vs Renters
55% are renters
More info
10.17 / 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 Apr 19, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 19, 2024 | Sold | $1,999,999 | 0 | Public Record |
| Apr 19, 2024 | Price Decrease | $1,999,999 -6.98% | 0 | MLS #ML81948925 |
| Mar 14, 2024 | Under contract | $2,150,000 | 0 | MLS #ML81948925 |
| Jan 18, 2024 | For sale | $2,150,000 | 0 | MLS #ML81948925 |
| Jan 8, 2024 | Under contract | $2,150,000 | 0 | MLS #ML81948925 |
| Nov 30, 2023 | New Listing | $2,150,000 -8.51% | 0 | MLS #ML81948925 |
| Oct 12, 2023 | Unavailable | $2,350,000 | 0 | MLS #ML81927513 |
| May 8, 2023 | New Listing | $2,350,000 | 0 | MLS #ML81927513 |
Taxes of 80 S 22nd St, San Jose, CA, 95116
RM zoning / MLS #ML81948925
Zoning
RM
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Frequently Asked Questions about 80 S 22nd St
What is 80 S 22nd St?
80 S 22nd St is a Commercial/Industrial propertywith 3,618 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
80 S 22nd St, San Jose, CA, 95116.
What comparable properties are nearby?
Comparable nearby commercial properties include 373 S 24th, 702 E Santa Clara St, 556 S 11th St, 85 S 6th St, 97 S 6th St, 351 N 8th St.
Based on information from the bridgeMLS as of 05-05-2024. 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: Apr 23, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Chaparral Supermarket, 0.16 miles away and La Raza Super Market, 0.17 miles away.
The 95116 zip area has a population of 528,911, and 45% of the families have children. The median age is 33.91 years and 84% commute by car. The most popular housing type is "single detached" and 55% is renter.
