51 Jose Figueres Avenue

San Jose, CA 95116

  • 8 Bed(s)
  • 0 Bath(s)
  • 3,000 Sqft
  • 8500
    Sqft(Lot)
$1,749,000

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.

  • Property Type

    Residential Income

  • County

    Santa Clara

  • Style

    Residential Income

  • AD ID

    48731297

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1959
    • Building Area Total: 3,000
    • Roof: Composition

    Security Features

    • Security Lights

    Accessibility Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1951
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8500

  • Listing Price Information

    • Original List Price: 1,749,000
    • Listing Contract Date: 2025-02-26

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 48107013
    • Annual Tax: 19270

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active Under Contract
    • Source Neighborhood: 699 - Not Defined
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 699 - Not Defined
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 66
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Total Square Feet Living: 3000
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BuyOwner last updated this listing 04/05/2025 @ 21:55

  • MLS: ML81995564
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is recently sold, it has 3,000 sqft, 8,500 sized lot, and 0 parking. are nearby neighborhoods.