Project 9th Street


 

9th Street Rehab Deal

Acquired a single family (3 bed, 2 bath about 810 sq ft) home which is recently renovated. Close to downtown, SJSU, all major high tech companies & minutes to Google Village. Easy access to all major freeways and SJ Airport. Covered front porch & large deck at the backyard. Offers potential for an ADU with this 6,348 sqft lot.

 

Rehab Details

Property City: San Jose
Property State: CA
Purchase Price:  $850k
Rehab + Other:  $350k
Money Cost:
Sale Price:
Gross Profit:

***March 31, 2022 ****

1) ADU construction complete and Final approval received
2) ADU has been rented and generating income
3) This project will be moved to the completed section

***Jan 31, 2022 ****

1) One Unit is Ready for rent.
2) the Second unit will be starting this week
3) Marketing continues for tenants

***Oct 21, 2021 ****

1) Plumbing, Electrical Complete
2) Scheduled inspection
3) Sheetrock to go up soon. Nov end completion.

***July 17, 2021 ****

1) Permits approved
2) Foundation work began
3) Solar funding approved. Permits paperwork being prepared.

 

 



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Yajnesh Rai, Owner, Realtor

 BRE 01924991