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$7,600,000

  • Sold
  • Closed
  • Commercial Residential Facility
  • 25,855 Sq. Ft.
  • 0.5798 Acres
See This Home
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6.14% cap rate // 9.81 GRM based on current rents. 100% 2x2 floor plans. Marcus & Millichap is excited to present Kennedy Hall, a rare opportunity to acquire a well-located, multifamily asset just steps from San Jose State University. The property features 28 spacious two-bedroom, two-bath units totaling approximately 25,855 square feet of rentable space on a 0.58-acre lot. Built in 1964, Kennedy Hall offers a highly functional layout ideally suited for student housing or working professional roommates, with each unit having an ideal two-bedroom layout with maximum privacy. This optimal rental configuration, combined with the propertys close proximity to campus and an assumable Chase Bank loan fixed at 4.51% through August 2029, makes Kennedy Hall a prime choice for investors seeking strong cash flow and long-term demand.

Full Property Details for 555 S 10th St

General

  • Sold For: $7,600,000
  • Status: Closed
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82016658
  • Added to Site: 168 day(s) ago

Interior

  • Flooring: Carpet, Vinyl / Linoleum

Rooms

Other Rooms

  • Kitchen: Electric Cooktop, Electric Oven/Range
  • Laundry: Coin-Operated

Additional Information

  • Security/Safety: None

Parking

  • Parking Features: Assigned Spaces, Carport , Common Parking Area

Location

  • Area: Central San Jose
  • County: Santa Clara
  • Complex: Kennedy Hall
  • Cross Streets: E Reed Street

Heating & Cooling

  • Cooling Type: Window / Wall Unit

Utilities

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

Structural Information

  • Construction: Wood Frame
  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Disability Access: None
  • Square Feet: 25,855
  • Year Built: 1964

Unit Information

Unit 1

  • Square Feet: 923
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.5798
  • Minimum Lot Size: 25254
  • Building Sites: 2
  • Zoning: RM

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Jimmy Castellanos
Sold by M&MKW, Jimmy Castellanos

Listing agent

— 555 S 10th St —

  • Jimmy Castellanos

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 555 S 10th St

School District:San Jose Unified School District
NameGradesDistance
Lowell Elementary School, San Jose, CA
625 South 7th Street, San Jose, CA 95112
K-50.2 mi
Herbert Hoover Middle School, San Jose, CA
1635 Park Avenue, San Jose, CA 95126
6-82.7 mi
Abraham Lincoln High School
555 Dana Avenue, San Jose, CA 95126
9-122.8 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 555 S 10th St

Date
Details
Price
Change
Source
12/03/2025
Sold
$7,600,000
-7.32%
MLS
10/01/2025
Price Reduced
$8,200,000
-3.53%
MLS
8/01/2025
Listed
$8,500,000
—
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, Jimmy Castellanos
Sold by M&MKW, Jimmy Castellanos

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555 S 10th St, San Jose, CA 95112 (MLS# ML82016658) is a Commercial Residential Facility property that was sold at $7,600,000 on December 03, 2025. Want to learn more about 555 S 10th 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.