Home | Santa Clara County | San Jose | 95112 | 162 E San Salvador St
MLS: ML82018284 | Status: | Price: $1,325,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 2,760 | 2,642 | 1935 |
Marcus & Millichap is pleased to present 162 E San Salvador Street, a 5-unit multifamily investment directly across from San Jose State University. This prime location ensures exceptional rental demand driven by the university's nearly 37,000 students and vibrant surrounding neighborhood. Built in 1935, this property offers a diverse unit mix - one 2-bed/1.5-bath, one 1-bed/1-bath, and three spacious studios - providing steady, diversified income. Priced to sell at an attractive 7.90% CAP rate and 8.6 GRM, the asset delivers strong in-place cash flow with significant long-term appreciation potential. High-demand properties at this price point across from San Jose State are rare - this opportunity will not last.
| Field | Value |
|---|---|
| MLS # | ML82018284 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Kitchen | Countertop - Formica, Countertop - Granite |
| Flooring | Tile, Vinyl/Linoleum |
| Laundry | None |
| Cooling | None |
| Heating | Gas |
| Feature | Details |
|---|---|
| Roof | Bitumen |
| Foundation | Concrete Perimeter and Slab |
| Feature | Details |
|---|---|
| Garage/Parking | On Street, Garage: 0 Car(s) |
| Elementary District | San Jose Unified |
| High School District | San Jose Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | CG |
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 900 | 2 | 1/1 | $2,900 | $2,900 | 1 |
| 2 | 450 | 0 | 1/0 | $1,827 | $2,400 | 3 |
| 3 | 550 | 1 | 1/0 | $1,500 | $1,500 | 1 |
| 4 | 100 | 0 | 1/0 | $1,100 | $1,100 | 1 |
School data provided by GreatSchools.org
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.