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2741 Almaden Road

San Jose, CA 95125
  • $2,150,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: ML81913525
Price Reduced
$2,150,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,540
    SQFT
  • $607
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

School District:
Listing Agent(s): Andy Kay of Exp Realty Of California Inc ((888) 584-942---)


Description

Dramatic price reduction 5 unit investment by motivated Seller.12 Br -5 Bths! Hurry at this price. Must See- turnkey multifamily investment. Coveted central Silicon Valley location. Low Maintenance-all units are either recently updated or brand new. 3 of the units have been recently updated and the other 2 new homes come with a 7 yr warranty). Lowering Owner Expenses. with a new state of art solar mini-grid, water sub-meters (new homes only), and RUBS (Tenants are billed back for all utilities on the new homes ). Higher Income- The new owner collects rent+ mo utility from the tenant to add to income. Rental income from units 1 and 2 are actual units 3,4 and 5 are proforma rents. As close to a Tripple Net as it gets for multi-Res. Seller reserves the right to accept or reject any offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-09T00:28:02.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
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2741 Almaden Road San Jose, CA 95125

  • Price: $2,150,000
  • Status: Active
  • On Site: 17 Days
  • ID#: ML81913525
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,540
SQFT
$607
$/SQFT
2022
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
Dramatic price reduction 5 unit investment by motivated Seller.12 Br -5 Bths! Hurry at this price. Must See- turnkey multifamily investment. Coveted central Silicon Valley location. Low Maintenance-all units are either recently updated or brand new. 3 of the units have been recently updated and the other 2 new homes come with a 7 yr warranty). Lowering Owner Expenses. with a new state of art solar mini-grid, water sub-meters (new homes only), and RUBS (Tenants are billed back for all utilities on the new homes ). Higher Income- The new owner collects rent+ mo utility from the tenant to add to income. Rental income from units 1 and 2 are actual units 3,4 and 5 are proforma rents. As close to a Tripple Net as it gets for multi-Res. Seller reserves the right to accept or reject any offer.
Exterior Features

Architectural Style Contemporary Carport Spaces 0 Foundation Details Concrete Perimeter Parking Features Off Site Parking Total 2 Roof CompositionShingle

Interior Features

Accessibility Features None Appliances DishwasherElectric OvenDisposalRefrigeratorVented Exhaust Fan Cooling None Cooling YN No Flooring Wood

Property Features

Association YN No Cap Rate 6.04 Garage YN No Gross Scheduled Income 173820 Insurance Expense 5000 Listing Agreement Exclusive Right To Sell Maintenance Expense 1500 Other Expense 1200 Property Sub Type Duplex Special Listing Conditions Standard Tax Annual Amount 27333 Trash Expense 0 Water Source Public Zoning R2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-09T00:28:02.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Andy Kay of Exp Realty Of California Inc ((888) 584-942---)