767 S 2nd ST, San Jose, CA 95112
- $1,530,000
- 2,726
- SqFt
Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: Jimmy Castellanos from Marcus & Millichap
Sold listing courtesy of Eymon Binesh from M&MKW
- Sold Price
- $1,530,000
- List Price
- $1,590,000
- Closing Date
- Jun 18, 2026
- MLS#
- ML82046850
- Status
- SOLD
- Sqft. of Residence
- 2,726
- Lot Size
- 6,625
- Listing Area
- Central San Jose
- Year Built
- 1940
Property Description
767 S 2nd Street is a well-maintained 5-unit multifamily asset consisting of all 1-bedroom/1-bathroom units on an oversized 0.15-acre lot. Built in 1940 and currently 100% occupied, the property offers strong in-place income with a gross potential rent of $153,000 and an attractive current cap rate of 5.77%. The asset recently underwent a fire and has been completely rebuilt with permits. Recent capital improvements include brand new electrical systems, dual pane windows, and high end interior & exterior finishes. Other notable highlights include five assigned parking spaces and individually metered electricity and gas. Situated in the highly desirable Spartan-Keyes neighborhood near San Jose State University and major Silicon Valley employment hubs, the property enjoys convenient access to transit, retail, and dining, driving consistent tenant demand. This is a turnkey investment opportunity in one of Northern California's most resilient and high-growth rental markets.
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Additional Information
- Cooling System
- None
- Foundation
- Concrete Perimeter
- Garage Parking
- Carport
- Heating System
- Gas
- Living Area
- 2,726
- Lot Size
- 6,625
- Neighborhood
- Central San Jose
- Other Utilities
- Public Utilities
- Roof
- Rolled Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- C2
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