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3175 Locke Drive

San Jose, CA 95111
  • $1,599,000
  • STATUS: Active
  • ON SITE: 61 Days
  • ID#: ML81908524
UPDATED: 140 min ago
$1,599,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,369
    SQFT
  • $475
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Stephanie Gibri of Kw Santa Clara Valley Inc ((408) 818-8886)


Description

Great opportunity to own a stable cash flow. 3 units on a large lot that has potential of expansion and development for more income. Each unit has laundry inside and a fenced private backyard/front yard. All units have updated bathrooms, double pane windows, gas ranges, shower over tub bathrooms and large living rooms. (1 unit has brand new appliances and wall heaters) All units have an assigned detached one car garage and one parking space in a large shared yard in the back of the building. Nearby shops, schools and Highways. Great investment opportunity. One unit in the process to be leased, one unit has a one year lease and one unit is month to month. Bring your best offer! Please note that days on the market reflect 2 weeks off market to update one unit after tenants moved out.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T21:30:52.793. 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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3175 Locke Drive San Jose, CA 95111

  • Price: $1,599,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 140 min ago
  • ID#: ML81908524
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,369
SQFT
$475
$/SQFT
1971
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Elementary School:
Other
Middle School:
Other
High School:
Other
School District:
Other
Property Description
Great opportunity to own a stable cash flow. 3 units on a large lot that has potential of expansion and development for more income. Each unit has laundry inside and a fenced private backyard/front yard. All units have updated bathrooms, double pane windows, gas ranges, shower over tub bathrooms and large living rooms. (1 unit has brand new appliances and wall heaters) All units have an assigned detached one car garage and one parking space in a large shared yard in the back of the building. Nearby shops, schools and Highways. Great investment opportunity. One unit in the process to be leased, one unit has a one year lease and one unit is month to month. Bring your best offer! Please note that days on the market reflect 2 weeks off market to update one unit after tenants moved out.
Exterior Features

Carport Spaces 0 Foundation Details Slab Parking Features Off StreetUncovered Parking Total 6 Roof Shingle

Interior Features

Accessibility Features None Appliances Refrigerator Cooling None Cooling YN No Flooring LaminateTileWood Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.22 Garage YN Yes Gross Scheduled Income 109740 Insurance Expense 1445 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 500 Other Expense 772 Possession Close Of Escrow Property Sub Type Triplex Security Features Security Lights Special Listing Conditions Standard Tax Annual Amount 17555 Trash Expense 0 Utilities Natural Gas Available Water Source Public Zoning R3h



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-11-28T21:30:52.793. 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): Stephanie Gibri of Kw Santa Clara Valley Inc ((408) 818-8886)