Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.5798

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $8,500,000

  • Tax Amount

    97181.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Lowell

  • Middle School

    Herbert Hoover

  • High School

    Abraham Lincoln

Property Features

  • Water Source

    Public

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Location

County

Santa Clara

Elementary School

Lowell

Middle School

Herbert Hoover

High School

Abraham Lincoln

Listing Courtesy of Jimmy Castellanos , Marcus & Millichap

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Marcus & Millichap is excited to present Kennedy Hall, a rare opportunity to acquire a well-located, multifamily asset just steps from San Jose State University. The property features 28 spacious two-bedroom, two-bath units totaling approximately 25,855 square feet of rentable space on a 0.58-acre lot. Built in 1964, Kennedy Hall offers a highly functional layout ideally suited for student housing or working professional roommates, with each unit having an ideal two-bedroom layout with maximum privacy. This optimal rental configuration, combined with the propertys close proximity to campus and an assumable Chase Bank loan fixed at 4.51% through August 2029, makes Kennedy Hall a prime choice for investors seeking strong cash flow and long-term demand.

555 S 10th Street

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Related Properties

The Azucena Group of Marcus & Millichap is the exclusive listing agent for 508 S.11th Street, a 20-unit multifamily property located two blocks from San Jose State University. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley. The property has been extensively renovated, allowing a new owner to have strong cash flow from day one with a turnkey asset and reduced future costs. The unit mix consists of (19) two bedroom / two bathroom apartments that are approximately 821 sqft each and (1) one bedroom / one bathroom that is approximately 600 sqft. The property sits on a 0.29 acre (or 12,506 sq ft) lot. Among the amenities are a laundry room, assigned gated parking, and enclosed garages for additional income.  Unit interiors have been extensively remodeled with vinyl plank flooring, stainless steel appliances, new furnace, quartz counter tops, new kitchen cabinets, new lighting and plumbing fixtures, new closet and bedroom doors, and fully remodeled bathrooms. The exterior has been recently repainted, new exterior wooden fencing, asphalt and restriping, hand rails, and a newer roof.
#ML82005501

San Jose

508 S 11th Street

None Beds

None Baths

16,199 Sq.Ft.

$7,995,000

MLS#: ML82005501

 - property

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