About this home

**MArketing Package and Due Diligence Available upon Request** Property Can be sold together with Neighboring 12 unit Building. 659 S 9th Street is a fully occupied 14-unit building in Downtown San Jose, about two blocks from San Jose State University, with twelve studios, two 1BR/1BA units and an assigned tuck-under parking space for every unit. Its offered at $2,995,000 ($213,929 per unit), with a 6.48% current cap rate that rises to 7.14% at market rents, and it can be bought on its own or with 649 S 9th Street as a 26-unit portfolio.

Facts and features

Schools

• Lowell Elementary School

  elementary · K-5 · 0.2 mi

  2

• Herbert Hoover Middle School

  middle · 6-8 · 2.7 mi

  4

• Abraham Lincoln High School

  high · 9-12 · 2.7 mi

  7

• Notre Dame High School San Jose

  high · 9-12 · 0.4 mi

• Legacy Academy

  middle · 6-8 · 0.7 mi

• Perseverance Preparatory

  elementary · 5-8 · 0.7 mi

Price history

• Nov 4, 2026 · Listed$2,995,000
• Sep 26, 2017 · Sold$3,971,714
• Sep 15, 2017 · Relisted$4,032,000
• Sep 8, 2017 · Listing Removed$4,032,000
• Jul 12, 2017 · Listed$4,032,000
• Jun 23, 2017 · Sold$6,760,000
• Jun 22, 2012 · Sold$1,600,000
• Jun 23, 1995 · Sold$460,000

Tax history

• 2025$61,566 tax · $4,609,508 assessed
• 2024$57,783 tax · $4,519,126 assessed
• 2023$56,562 tax · $4,343,645 assessed
• 2022$56,143 tax · $4,258,476 assessed
• 2021$54,980 tax · $4,174,978 assessed
• 2020$54,114 tax · $4,132,170 assessed
• 2019$53,045 tax · $4,051,148 assessed
• 2018$52,560 tax · $3,971,714 assessed

Home value

$4,760,275

• Quantarium$4,760,275

Where it is