162 E San Salvador St, San Jose, CA 95112 - View 1
162 E San Salvador St, San Jose, CA 95112 - View 2
162 E San Salvador St, San Jose, CA 95112 - View 3
162 E San Salvador St, San Jose, CA 95112 - View 4
162 E San Salvador St, San Jose, CA 95112 - View 5
162 E San Salvador St, San Jose, CA 95112 - View 6
162 E San Salvador St, San Jose, CA 95112 - View 7
162 E San Salvador St, San Jose, CA 95112 - View 8
162 E San Salvador St, San Jose, CA 95112 - View 9
162 E San Salvador St, San Jose, CA 95112 - View 10
162 E San Salvador St, San Jose, CA 95112 - View 11
162 E San Salvador St, San Jose, CA 95112 - View 12
162 E San Salvador St, San Jose, CA 95112 - View 13

162 E San Salvador St, San Jose, CA 95112

List Price: $1,200,000On Market FlagOn market
Aug 15, 20251,350 sqft3 beds3 baths
Listed by: Eymon Binesh
License #: 02060059
Phone #: 650-546-1030
Marcus & Millichap
Source:
CRMLS Logo
MLS #: ML82018284

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,523

TurboHome Estimated Value

$984,100

$729 sqft

High Valuation
$1,033,305
$765/sqft
Normal Valuation
$984,100
$729/sqft
Low Valuation
$934,895
$693/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$729/sqft$984,100

Neighborhood: Downtown

Loading map...

Comparative Value

$990K

$1.03M

$1.20M

$1.35M

274 N 7th St, San Jose, CA 95112

Sale Price: $990,000

Selected Comparable

414 S 7th St, San Jose, CA 95112

Sale Price: $1,030,000

Selected Comparable

162 E San Salvador St, San Jose, CA 95112

List Price: $1,200,000

Subject Property

160 N 11th St, San Jose, CA 95112

Sale Price: $1,200,000

Selected Comparable

38 N Almaden Blvd 1920, San Jose, CA 95110

Sale Price: $1,200,000

Selected Comparable

34 S 15th St, San Jose, CA 95112

Sale Price: $1,350,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
162 E San Salvador St, San Jose, CA 95112

162 E San Salvador St, San Jose, CA 95112

List: $1,200,000

Listed: 8/15/2025

Area:1,350 sqft
Price/sqft:$889
Beds:3
Baths:3
Year Built:
Lot Size:4,500

Comparable Properties

COMPARABLE
Choose comps
160 N 11th St, San Jose, CA 95112

160 N 11th St, San Jose, CA 95112

Sale: $1,200,000

7/25/20250.84 mi

Area:1,568 sqft
Price/sqft:$765
Beds:3
Baths:3
Year Built:
Weight:23.0%
34 S 15th St, San Jose, CA 95112

34 S 15th St, San Jose, CA 95112

Sale: $1,350,000

6/2/20250.84 mi

Area:1,384 sqft
Price/sqft:$975
Beds:3
Baths:2
Year Built:
Weight:21.6%
414 S 7th St, San Jose, CA 95112

414 S 7th St, San Jose, CA 95112

Sale: $1,030,000

11/1/20240.20 mi

Area:1,244 sqft
Price/sqft:$828
Beds:3
Baths:2
Year Built:
Weight:20.7%
274 N 7th St, San Jose, CA 95112

274 N 7th St, San Jose, CA 95112

Sale: $990,000

3/7/20250.86 mi

Area:1,825 sqft
Price/sqft:$542
Beds:3
Baths:3
Year Built:
Weight:18.0%
38 N Almaden Blvd 1920, San Jose, CA 95110

38 N Almaden Blvd 1920, San Jose, CA 95110

Sale: $1,200,000

4/18/20250.76 mi

Area:1,296 sqft
Price/sqft:$926
Beds:2
Baths:2
Year Built:
Weight:16.8%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times