CA > San Jose
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
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Kalani Stone

Kalani Stone

+1(831) 252-2270
Listed by Amanpreett S Ghotra • Pacific Home Brokers
$ 1,749,000
Est. payment | /mo

8 Beds

4 Baths

3,000 SqFt

Save
$ 1,749,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $583

MLS Listing ID ML81995564

Bedrooms 8

Full Baths 4

Year Built 1959

Lot Size 8,500 Sqft

Property Sub-Type Fourplex

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 Alum Rock

Zoning R3

Rooms

Kitchen Countertop - Granite, Oven - Built-In

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition

Building

Story 2

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 481-07-013

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

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agent
Kalani Stone

Agent | Lic# CalBRE: 01336392

+1(831) 252-2270

216 Mt Hermon Rd 105, Scotts Valley, CA, 95066

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51 Jose Figueres AVE