Description
Strong stable income stream fourplex, highly desirable low vacancy rental area on capitol expressway and pearl behind the toyota dealership. all current tenants are family-oriented and have been here 2-16 years. this is a larger than average 4plex and has a great unit mix which consists of (1) 3br/2ba (1) 1br/1ba and (2) 2br/1ba receiving about $9300/month (+/-$111,600yr) the property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. monthly rents range from $1,800 to $3,150 per unit. the sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. most tenants are on month-to-month leases, and all like to stay for the long term. two out of four units been updated and remodeled. overall this is a great property that generates a higher income than most. this location is only minutes away from the 85/87 highway and 280 fwy. there are lots of nearby day-to-day conveniences such as supermarkets, fast food, fuel, big box chain stores,etc. this is a rare opportunity in a prime san jose location with strong rental demand. do not go and walk on the property and disturb the tenants.
Property Type
Residential IncomeCounty
Santa ClaraStyle
TraditionalAD ID
49800749
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Property Appliances: Electric Cooktop,Electric Oven,Disposal,Refrigerator,Range Hood
- Flooring: Laminate,Tile
Cooling Features
- Gas
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1963
- Building Area Total: 3,544
- Roof: Shingle
Foundation
- Concrete Perimeter
Security Features
- Security Lights
Accessibility Features
- Other,Parking
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1641
- Lot Size Source: Assessor
- Lot Size Square Feet: 7150
-
Listing Information
Listing Price Information
- Original List Price: 1,640,000
- Listing Contract Date: 2025-05-16
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 45526032
- Annual Tax: 40000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Underground,Unassigned
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active Under Contract
- Source Neighborhood: 699 - Not Defined
- Zoning: RM
- Source Property Type: Residential Income
- Area: 699 - Not Defined
- Property SubType: Quadruplex
Building and Construction
- Property Age: 62
- Structure Type: Quadruplex
- Year Built Source: Assessor
- Total Square Feet Living: 3544
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BuyOwner last updated this listing 06/09/2025 @ 08:24
- MLS: ML82007376
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is recently sold, it has 3,544 sqft, 7,150 sized lot, and 0 parking. are nearby neighborhoods.