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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.

Overview

Property Status
Sold
Lot Size
8,498.56 Sq.Ft.
MLS ID
ML81995564
Property Type
Multi-Family
Year Built
1959

Features & Amenities

Stories
2
Water Source
Public
Roof
Composition
Sewer
Public Sewer
School District
East Side Union High
Sales Price
$1,700,000
Zoning
R3

Downloads

51 Jose Figueres AVE

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51 Jose Figueres AVE
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  • This is a rare off-market opportunity in a prime San Jose location.

    Amanpreett S Ghotra

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