$1,640,000
bedrooms
8
bathrooms
0
square feet
3,544
Acreage
0.1641
Open Houses
-
year built
1963
Full Baths
0
Half Baths
0
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.
Location | |
Subdivision | - |
County | Santa Clara |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
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MLS number: ML82007376
Listing status: Active Under Contract
Listing agent:
Larry Giang
#01488340
Listing broker:
Hillview International Inc
(408) 888-8133
Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, June 2 2025 at 12:23 p.m. EDT
Kotohomes National
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