51 Jose Figueres AVE Save Request In-Person Tour Request Virtual Tour
San Jose,CA 95116
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $583
MLS Listing ID ML81995564
HOA Y/N No
Year Built 1959
Annual Tax Amount $19,270
Lot Size 8,498 Sqft
Property Sub-Type Quadruplex
Property Description
This turnkey four-unit multifamily investment property in San Jose, CA, is an excellent opportunity in a high-demand rental market. The fully leased property generates a strong gross annual rental income of $118,336. It consists of four spacious 2-bedroom, 1-bath units, each approximately 750 square feet, with three of the four units already updated. 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 $1,978 to $2,600 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. This is a rare off-market opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Covered
Carport Spaces 4
View Y/N No
Roof Type Composition
Accessibility None
Total Parking Spaces -4
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 48107013
Security Features Security Lights
Acceptable Financing FHA,VA Loan
Listing Terms FHA,VA Loan
Special Listing Condition Standard