$3,025,000

649 S 9th Street, San Jose CA, 95112

Price per sqft$475.33

Built in1959

Property size6,364 sqft

Property typeCommercial

Listed by Ray Rodriguez CA DRE# 01999734 with Compass 650-405-0743

Overview

Active

Listed Nov 3, 2026

Updated 17h ago

One of the Best True Cap Rates you will find in downtown San Jose... Property can be sold together with Neighboring 14 unit building - Due Diligence and Marketing package are both available upon request. 649 S 9th Street is a fully occupied 12-unit building in Downtown San Jose, about two blocks from San Jose State University, with eleven 1BR/1BA units, one 2BR/1BA unit and an assigned carport for every unit. Its offered at $3,025,000 ($252,083 per unit), with a 6.22% current cap rate that rises to 7.11% at market rents, and it can be bought on its own or with 659 S 9th Street as a 26-unit portfolio

Additional information

MLS^® ID: ML82066425

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $36,236
Tax Frequency: Annually
Maintenance Expense: $7,200

Listed by Ray Rodriguez CA DRE# 01999734 with Compass 650-405-0743

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/3/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/3/2026 at 8:42 PM UTC Last Checked: 8:42 PM UTC