Property Description
Tiffany Villa is a beautiful 7 unit property very centrally located within exciting and vibrant Japantown. This fully occupied TURNKEY ASSET with ideal unit mix is a CASH COW with proven excellent very low vacancy operating history. It has abundant off-street parking and 8 rentable storage units for bonus income! Meticulously upgraded and maintained during 19+ years pride of ownership. Amazing curb appeal with lush landscaping and authentic 1898 Victorian character with spacious interiors, soaring windows, and decorative details. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, water heater 2019, commercial grade vinyl plank flooring in 3 units 2023, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Newer carpets & paint some units. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange upleg property. Significant appreciation opportunity for next ownership cycle. Enjoy cash flow while upgrading kitchens, baths, and front staircase to set rents much higher. Property appreciation would likely be many times such upgrade costs.
Features
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: Wall Furnace
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: 6
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Address Map
U.S.
California
Santa Clara
San Jose
95112
530 N 2nd Street
0
E0° 0' 0''
N0° 0' 0''
MLS Addon
$0
4,088 Sqft
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: No
0
93
On North Second Street between Jackson & E Empire Streets. Cross Street: Between Jackson & E Empire Streets
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Commercial Sale For Sale San Jose

530 N 2nd Street, San Jose, Santa Clara, California, 95112

5,672 Acre
Visits : 2 in 103 days
$2,250,000
Listing ID #ML81969417
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81969417
Price : $2,250,000
Year Built : 1898
Lot Area : 5,672 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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