Property Details
Upcoming Open Houses
About this Property
Marcus & Millichap is pleased to present 162 E San Salvador Street, a 5-unit multifamily investment directly across from San Jose State University. This prime location ensures exceptional rental demand driven by the university's nearly 37,000 students and vibrant surrounding neighborhood. Built in 1935, this property offers a diverse unit mix - one 2-bed/1.5-bath, one 1-bed/1-bath, and three spacious studios - providing steady, diversified income. Priced to sell at an attractive 7.90% CAP rate and 8.6 GRM, the asset delivers strong in-place cash flow with significant long-term appreciation potential. High-demand properties at this price point across from San Jose State are rare - this opportunity will not last.
MLS Listing Information
MLS #
ML82018284
MLS Source
MLSListings, Inc.
Days on Site
3
Interior Features
Kitchen
Countertop - Formica, Countertop - Granite
Flooring
Tile, Vinyl/Linoleum
Laundry
None
Cooling
None
Heating
Gas
Exterior Features
Roof
Bitumen
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
On Street, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
CG
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 900 | 2 | 1/1 | $2,900 | $2,900 | 1 |
| 2 | 450 | 0 | 1/0 | $1,827 | $2,400 | 3 |
| 3 | 550 | 1 | 1/0 | $1,500 | $1,500 | 1 |
| 4 | 100 | 0 | 1/0 | $1,100 | $1,100 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
162 E San Salvador St is a Residential Income in San Jose, CA 95112. This 2,760 square foot property sits on a 2,642 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,200,000 and was built in 1935. This address can also be written as 162 E San Salvador St, San Jose, CA 95112.
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This listing information is up-to-date as of August 18, 2025. For the most current information, please contact Eymon Binesh, (650) 546-1030
