San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
San Jose, CA 95116,51 Jose Figueres AVE
9
$1,700,000
$1,749,000
2.8%
Est.Price: ?

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3,000 SqFt

51 Jose Figueres AVE San Jose, CA 95116

Est. payment /mo
SOLD DATE : 04/04/2025

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Key Details

Sold Price $1,700,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $566

MLS Listing ID ML81995564

Sold Date 04/04/25

HOA Y/N No

Year Built 1959

Annual Tax Amount $19,270

Lot Size 8,498 Sqft

Property Sub-Type Quadruplex

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 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Covered

Carport Spaces 4

View Y/N No

Roof Type Composition

Accessibility None

Total Parking Spaces -4

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 48107013

Security Features Security Lights

Acceptable Financing FHA, VA Loan

Listing Terms FHA, VA Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Amanpreett S Ghotra • Pacific Home Brokers
Bought with Jayanta Samanta

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agent

Kaushik Sirkar

Team Leader | License ID: 01981674

+1(480) 600-2808

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