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Address not disclosed San Jose, CA 95117
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Key Details
Sold Price $1,585,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $403
MLS Listing ID ML81702469
Sold Date 06/14/18
HOA Y/N No
Year Built 1967
Annual Tax Amount $15,859
Lot Size 7,697 Sqft
Property Sub-Type Quadruplex
Property Description
Very nice West San Jose 4-Plex ready for a buyer. Easy access to Santana Row as well as The Pruneyard and easy freeway access. All units fully rented, tenants are on month to month lease agreements at this point. 3 full garages, Unit #1 has a 2 car garage, units #2 and 3 split a 2 car garage, and unit #4 has a 2 car garage. All units have dual pane windows. Kitchens were updated in 2006, cabinets, floors included. Private on site shared laundry unit for the 4 units. Next rent increase is allowed in August 2018. This could be a great investment opportunity for the right buyer. Current rents appear to be below market rate for the area making this an excellent long term investment. Buyer to due their own due diligence on schools access and availability. Buyers to cooperate with sellers 1031 exchange at no cost to new buyer.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning RM
Interior
Heating Forced Air, Fireplace(s)
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate
Fireplace No
Exterior
Parking Features Off Street
Garage Spaces 6.0
Garage Description 6.0
Roof Type Composition
Accessibility None
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Schools
Elementary Schools Other
High Schools Westmont
School District Other
Others
Tax ID 30507025
Financing Other
Special Listing Condition Standard
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Bought with Lien Lu • CENTURY 21 Real Estate Alliance