502 N 18th ST, San Jose, CA 95112
502 N 18th ST, San Jose, CA 95112
502 N 18th ST, San Jose, CA 95112
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Joel Martinez

Joel Martinez

+1(408) 819-1114
Listed by Michael Henshaw • Marcus & Millichap, DRE#01134592
$1,900,000
Est. payment /mo
12 Beds
4 Baths
4,308 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,308 sqft

Price per Sqft $441

MLS Listing ID ML82050750

Bedrooms 12

Full Baths 4

Year Built 1971

Lot Size 0.253 Acres

Property Sub-Type Fourplex

Property Description

OPEN HOUSE 6/19/26 FROM 11AM TO 12pm Marcus & Millichap is pleased to present the investment opportunity North 18th Flats located at 502, 504, 506 and 508 N. 18th Street San Jose, California. This attractive, four-unit apartment complex is situated on a parcel of land totaling 0.25 acres and features a gross building area of approximately 4308 square feet. The property features two duplex style buildings four three bed/one bath units of about 1077 square. Each unit contains modern appliances, upgraded windows, and washer dryer hook ups. The property offers an in place Cap Rate of 5.55 with a 13.01 GRM - PROFORMA CAP RATE OF 7.46 and 10.47 PROFORMA GRM

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3B

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features Off-Street Parking, On Street, Parking Area

Utilities Available Public Utilities

Roof Type Other

Building

Story 2

Foundation Other

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 249-26-069

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Joel Martinez

Joel Martinez

+1(408) 819-1114

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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