431 S 11th St, San Jose, CA

$2,850,000

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6,248

Square feet

0.22

Acres

About 431 S 11th St

Welcome to a Prime Investment Opportunity! More than 5% CAP rate! Discover this exceptional 9-unit apartment building, ideally located just a quarter block from San Jose State University and Downtown San Jose — offering unbeatable convenience and high rental demand. The property features 8 covered carports, each with its own storage space, plus 1 enclosed garage and 2 open parking spots, providing ample parking for tenants. Residents also enjoy on-site laundry with QR code payment access, while owners benefit from two additional storage units and one office space for personal use. All nine units are fully occupied, highlighting the strong rental performance in this sought-after area. Recent improvements include new wall heaters, updated bathtub faucets, freshly painted exterior and stairways, automatic irrigation, and modernized mailboxes — ensuring a well-maintained and attractive property. With significant upside rent potential, this is a rare opportunity to own a stable, income-producing asset in a thriving urban location. Don’t miss the chance to invest in comfort, practicality, and long-term value!

Features of 431 S 11th St

MLS® # 41114871
Price $2,850,000
Square Footage 6,248
Acres 0.22
Year Built 1959
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Active

Community Information

Address 431 S 11th St
Subdivision SAN JOSE CC
City San Jose
County Santa Clara
State CA
Zip Code 95112

Amenities

Parking Carports - 2 Or More, Converted Garage, Covered
Is Waterfront No
Has Pool No

Interior

Appliances Washer
Heating Electric, Forced Air
Cooling Other
Fireplace No

Exterior

Lot Description Back Yard
Construction Stucco

Additional Information

Date Listed October 15th, 2025
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentLeo Zhang
OfficeRe/Max Accord

Listing Map

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