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231 E San Fernando St, San Jose, CA, 95112

24beds
12baths
7,776sqft
$4,590,000
$590price/sqft
$33,403/moest. monthly cost
$1,336,120/yrincome needed

About This Home

231 E San Fernando is a fully stabilized, turnkey multifamily asset in the heart of Downtown San Jose. The property has completed a fully permitted remodel, significantly increasing bedroom count and rental income. All major value-add work has been completed, allowing a new owner to immediately benefit from strong in-place cash flow. Located directly across from San Jose State University(SJSU), the property enjoys consistent rental demand, minimal vacancy, and easy leasing. Supported by a strong student tenant base and proximity to Silicon Valley employers, this asset offers both immediate yield and long-term growth potential.

Getting Around

96
WalkingWalker's Paradise
72
TransitExcellent Transit
94
BikeBiker's Paradise

Schools

3/10
4/10
7/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Flat
  • Construction materials: Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Electric Range,Free-Standing Gas Oven,Free-Standing Refrigerator,Microwave
  • Laundry features: Coin Operated,Common Area,In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 24
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Flooring: Tile,Vinyl

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Room Air,Window Unit(s)

Interior Area

  • Total structure area: 7,776
  • Total interior livable area: 7,776 sqft

Property

Details

  • Parcel number: 46724008
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Topography of land: Level

Lot

  • Lot size: 6,599 sqft
  • Features: Shape Regular

Parking

  • Total spaces: 10
  • Parking features: Carport
  • Carport: Yes