Description

Exceptional opportunity to acquire a well-maintained, owner-managed fourplex in one of San Joses most desirable and stable rental corridors. This turnkey investment offers a strong cap rate, consistent rental income, stable tenancy, and minimal management demands. Property Highlights [] 9 bed, 5 full bathrooms [] Unit 1 is on the Main floor, is huge with 3 bed, 2 bath and large private yard. Units 2 - 4 are all just about the same size and layout. [] Situated on large private side yard. [] All units fully occupied with stable, long-term tenants; all rents current. [] Self-managed with excellent maintenance record [] Prime west San Jose location with quick access to I-280, San Tomas Expy, and Stevens Creek Blvd [] Minutes from Santana Row, Valley Fair, Apple Park, and major Silicon Valley employers [] Attached four-car garage plus additional parking space. [] Attractive Spanish-style, two-story design with strong curb appeal [] Zoning: R3 permits multifamily use and there may be potential for an ADU on the large yard. (Buyer to confirm with city)

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Property information

Property type

Residential Income

Sub-type

Quadruplex

Year built

1963

Living area

3,852 Sq Ft

Lot size

0.17 acres

HOA fee

None

Price / Sq Ft

$466

Days on market

30

Parcel number

29932008

Zoning

R3

Features

Cooling

Ceiling Fan(s)

Heating

Electric · Forced Air

Flooring

Hardwood

Fencing

Fenced

Sewer / Water

Public Sewer · Public