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Almaden Road

San Jose, CA 95125
  • $2,275,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: ML81913519
Price Reduced
$2,275,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,039
    SQFT
  • $563
    $/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

Seller sacrafice- Buyers here a "DEAL".Dramatic price reduction by motivated Seller.MUST SEE true turnkey multi-family investment. Coveted central Silicon Valley location.12 Br 5 Bths ! Low Maintenance-all units. 2 of the 5 units were recently updated and the other 3 are brand new and come with a 7-year warranty. Lower Owner expense-new state of art solar mini-grid, water sub-metered, RUBS (utility tenant bill back). Higher Income, the owner collects rent+ mo utility expenses 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 a multi-res property. 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.
www.tolivebythesea.com/homes/134944310
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Almaden Road San Jose, CA 95125

  • Price: $2,275,000
  • Status: Active
  • On Site: 17 Days
  • ID#: ML81913519
0
Beds
0
Baths
0
½ Baths
0.28
Acres
4,039
SQFT
$563
$/SQFT
2022
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
Seller sacrafice- Buyers here a "DEAL".Dramatic price reduction by motivated Seller.MUST SEE true turnkey multi-family investment. Coveted central Silicon Valley location.12 Br 5 Bths ! Low Maintenance-all units. 2 of the 5 units were recently updated and the other 3 are brand new and come with a 7-year warranty. Lower Owner expense-new state of art solar mini-grid, water sub-metered, RUBS (utility tenant bill back). Higher Income, the owner collects rent+ mo utility expenses 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 a multi-res property. Seller reserves the right to accept or reject any offer.
Exterior Features

Architectural Style Contemporary Carport Spaces 0 Parking Features Off Street Parking Total 2 Roof CompositionShingle

Interior Features

Accessibility Features None Cooling None Cooling YN No Flooring TileWood

Property Features

Association YN No Cap Rate 6.02 Garage YN No Gross Scheduled Income 181800 Insurance Expense 5000 Listing Agreement Exclusive Right To Sell Maintenance Expense 1500 Other Expense 0 Possession Negotiable Property Sub Type Duplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 28798 Trash Expense 0 Water Source PublicOther 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---)