Friday, June 18, 2010

15 All two Bedrooms- Great location by SJSU

560 S 10th Street
Owner purchase in 2005 for $1,900,000 in 2005

From July 2005, Owners spent almost $120,000 for all repairs which include:
New water heater
A lot of new double windows
Owner states "Almost every time, when a tenant moved out, I had it repainted & re-carpeted"

15 units
All 2-bed, 1-bath units
No vancancy
Total rent is appx $17,500 or $210,000 Annually.
APN: 472-29-039
Built in 1959
9,808 SQFT
Lot Size is $13,939

Busy Street but good location 1.5 blocks to SJSU



Stairs leading into complex


Looking into the "plaza" from west side



West wall of "plaza"



East wall of the "Plaza"


Back of the property- North






Back of property - South




Southern Carport



Northern Carport



Rear stairway



Downstairs walkway
Street level

Plaza Bench




Second rear Stair way