$1,595,000
$1,559,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
2,815 SqFt
SOLD DATE : 06/15/2021
Key Details
Sold Price $1,595,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,815 sqft
Price per Sqft $566
MLS Listing ID ML81839072
Sold Date 06/15/21
HOA Y/N No
Year Built 1959
Annual Tax Amount $18,219
Lot Size 5,079 Sqft
Acres 0.1166
Property Description
Looking for a great 4-plex investment property, THIS IS IT!!! Annual gross income is $98746, with a great Cap Rate of 4.6%. All 4 units are fully rented. Owner had done a huge renovation and upgrade in this building. Replacing all electrical main panels, New flooring, base broads, doors, locks, replacing new furnaces, thermostats, door stoppers, light fixtures, upgraded kitchens, bathrooms, replacing all the electric switches, plugs and rewiring the electrical wires to meet up to code. There are too many items to list. The Coin-opts provided great income of $4918 annually. Rental units are subject to SJ Rent Control Ordinance. Few steps away to the Martin Soccer Field, Public Picnic area and the children playground. Few minutes drive to 280, 101, 680 and 87. As well as to the little Saigon Town, restaurants, Walmart, groceries stores, and gas station.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Tile
Fireplace No
Appliance Microwave, Refrigerator, Vented Exhaust Fan
Exterior
Garage Off Street
Carport Spaces 4
Roof Type Composition,Shingle
Accessibility None
Parking Type Off Street
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 47232006
Financing Conventional
Special Listing Condition Standard
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Bought with Linda Chu • Wailea Real Estate Group Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "