Bought with Jimmy Castellanos • Marcus & Millichap
$1,400,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
4 Baths
3,264 SqFt
SOLD DATE : 12/24/2025
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,264 sqft
Price per Sqft $428
MLS Listing ID ML82026156
Sold Date 12/24/25
Style Victorian
Bedrooms 3
Full Baths 4
Year Built 1900
Lot Size 8,960 Sqft
Property Sub-Type Five or More Units
Property Description
OFFER DATE: Monday, November 17th at 5:00 PM. $12,600 monthly gross rent // 7.68% cap rate! Nestled in the heart of San Jose's vibrant Midtown district, 145 Sunol Street presents a rare opportunity to acquire a five-unit multifamily community with distinctive architectural charm and a strong in-place return. Originally built in 1900, this Folk Victorian-style property exudes timeless character while offering an impressive gross building area of approximately 3,264 square feet on a generous 8,960 square foot lot. The unit mix is especially compelling, consisting of one studio, one oversized one-bedroom unit, and three spacious two-bedroom, two-bathroom units, a configuration that appeals to a wide range of tenants. With a day-one cap rate well over 7%, investors can enjoy immediate cash flow alongside long-term upside.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning M1
Interior
Heating Floor Furnace , Wall Furnace
Cooling None
Flooring Hardwood
Exterior
Parking Features Assigned Spaces
Community Features None
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 261-36-031
Security Features Video / Audio System
Special Listing Condition Not Applicable
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