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$1,325,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 2,760 Sq. Ft.
  • 0.0607 Acres
See This Home
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See This Home
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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.

Full Property Details for 162 E San Salvador St

General

  • Sold For: $1,325,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82018284
  • Added to Site: 155 day(s) ago

Interior

  • Flooring: Tile, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Formica Countertop, Granite Countertop
  • Laundry: None

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: On Street

Location

  • Area: Central San Jose
  • County: Santa Clara

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter and Slab
  • Roof: Bitumen
  • Disability Access: None
  • Square Feet: 2,760
  • Year Built: 1935

Unit Information

Unit 1

  • Square Feet: 900
  • Bedrooms: 2

Unit 2

  • Square Feet: 450

Unit 3

  • Square Feet: 550
  • Bedrooms: 1

Unit 4

  • Square Feet: 100

Lot Features

  • Lot Size (Acres): 0.0607
  • Minimum Lot Size: 2642
  • Building Sites: 1
  • Grounds/Landscape: Porch - Enclosed
  • Zoning: CG

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Eymon Binesh
Sold by M&MKW, Eymon Binesh

Listing agent

— 162 E San Salvador St —

  • Eymon Binesh

    Marcus & Millichap

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 162 E San Salvador St

School District:San Jose Unified School District
NameGradesDistance
Gardner Elementary School
502 Illinois Avenue, San Jose, CA 95125
K-51 mi
Herbert Hoover Middle School, San Jose, CA
1635 Park Avenue, San Jose, CA 95126
6-82.3 mi
Abraham Lincoln High School
555 Dana Avenue, San Jose, CA 95126
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 162 E San Salvador St

Date
Details
Price
Change
Source
9/18/2025
Sold
$1,325,000
10.42%
MLS
8/15/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Marcus & Millichap, Eymon Binesh
Sold by M&MKW, Eymon Binesh

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162 E San Salvador St, San Jose, CA 95112 (MLS# ML82018284) is a Commercial Residential Facility property that was sold at $1,325,000 on September 18, 2025. Want to learn more about 162 E San Salvador St? Do you have questions about finding other Commercial Residential Facility real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.