296 Higdon Avenue
Mountain View, CA 94041
Sq. Feet 9,130
$1,700,000
Marcus and Millichap is proud to present 630 South 8th Street to the Bay Area’s investment community. The subject property is of true pride-of-ownership quality and has a desirable unit mix consisting of three studios, one one-bedroom/two-bathroom unit and one one-bedroom/one-bathroom owner's unit. The property consists of two buildings totaling approximately 2,118 square feet of living space and is situated on a 0.21 acre parcel of land.
630 South 8th Street is said to be designed by the famous architect, Frank Lloyd Wright. The full sized windows, twin peers and square roof are all trademarks of the renowned architect. Original flooring has been preserved to sustain a historical look and feel to the interior. The subject property benefits from a prime Downtown San Jose location within walking distance to San Jose State University as well as many shopping and dining options. Highways 280, 101, 880 and 87 are also within close proximity, providing easy access to all major bay area destinations.
630 South 8th Street offers an investor a unique opportunity to own a true pride-of-ownership, value-add investment property in the Bay Area’s fastest growing sub-market.
Cap Rate: 3.75% NOI: $50,081 Livable Sq. Ft: 2,118
Built in 1922 5 units Lot Sq. Ft: 9,148