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Listed by Dominic Gluhaich • Sterling Ventures
$1,899,999
Est. payment /mo
9 Beds
5 Baths
3,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $542
MLS Listing ID ML82014766
Bedrooms 9
Full Baths 5
Year Built 1963
Lot Size 7,159 Sqft
Property Sub-Type Fourplex
Property Description
Welcome to a rare turnkey investment in the heart of San Jose. This fully renovated 4 plex spans approximately 3,500 square foot and sits on a large 7,159 square foot lot, offering excellent income potential, long term upside, and minimal maintenance from day one. All four units have been recently upgraded with modern finishes and durable, low maintenance flooring, creating clean, attractive living spaces that appeal to quality tenants. Each unit is currently rented at market rates, ensuring immediate cash flow. The property is SB721 compliant, with permits and inspections fully approved by the City of San Jose, saving you time and future capital expense. Additional features include coin operated laundry with Shine Pay, generating passive income, and a towing contract to ensure parking remains reserved for tenants, a rare and valuable amenity in this area. Located near major freeways, shopping centers, public transit, and tech employers, this asset offers exceptional tenant demand and long term appreciation. With a strong CAP rate, stable occupancy, and pride of ownership condition, this is the kind of multifamily opportunity investors wait for and it wont last long.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning R4H
Interior
Heating Wall Furnace
Cooling Ceiling Fan, Window / Wall Unit
Laundry Coin Operated, Washer / Dryer
Exterior
Parking Features Assigned Spaces, On Street, Tandem Parking
Utilities Available Public Utilities
Roof Type Shingle
Building
Story 2
Foundation Concrete Perimeter
Sewer Sewer - Public, Sewer Connected
Water Public
Level or Stories 2
Others
Tax ID 284-27-010
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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