$1,450,000

Estimated payment $9,336/month

Total Views 26,009
6 Beds
5 Baths
2,976 Sq Ft
$487 Price per Sq Ft

About This Home

92 N 6th Street is a well maintained fourplex in the heart of Downtown San Jose. The property is located steps from City Hall, the iconic Miro Towers, San Pedro Square, and a growing collection of upscale dining destinations. The property features a unique mix including a versatile 2-bed 2-bath unit with two separate entrances, dual living areas, and dual kitchen layouts, including dual gas & electric meters offering a highly feasible opportunity to convert into (2) spacious 1-bed 1-bath units or a 1-bed 1-bath and a 2-bed 1-bath configuration (Note: Such modifications, subject to City approval and permitting, could enhance rental income and unit count). Other units include a spacious 1-bed 1-bath directly across the hall on the upper level, a 2-bed 1-bath, and another classic 1-bed 1-bath on the lower level. The property will be delivered nearly completely vacant, with only one unit occupied by the time of sale, offering a new investor tremendous upside potential and creative autonomy with no rent cap restrictions on majority of the units. Vacant unit rents are estimated and expenses provided by seller. Marketing package available upon request.

Listing Agent

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 04/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property

Additional Features

  • 3,036 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $3,750
  • Maintenance Expense $2,000
  • Utility Expense $3,800
  • Operating Expense $38,307
  • Gross Income $111,744

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: CG
  • Subclass: Fourplex
  • Age: 127
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2976
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 2976
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Parking

Utilities

  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.0697
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3037.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3037.00

Rental Info

  • Existing Lease Term(s): Building Vacant, Month To Month
  • Gross Rent Multiplier: 12.59
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 3750
  • Expense Maintenance: 2000
  • Expenses Total: 38307
  • Expenses Utility: 3800
  • Income Annual Gross: 111744.00
  • Income Annual Rental: 115200
  • Income Gross Scheduled: 115200
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 3

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $1,450,000 -- $487 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82002484

MLSListings

APN: 467-19-054