51 Jose Figueres Avenue, San Jose, CA 95116

  • $1,749,000
51 Jose Figueres Avenue, San Jose, CA 95116
  • Quadruplex, Residential Income
  • Property Type
  • 3000
  • Sqft
  • 1959
  • Year Built
Active Under Contract
51 Jose Figueres Avenue, San Jose, CA 95116
51 Jose Figueres Avenue, San Jose, CA 95116
  • $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.

  • Address 51 Jose Figueres Avenue
  • City San Jose
  • State/county CA
  • Zip/Postal Code 95116

Details

Updated on April 5, 2025 at 1:07 pm
  • Property ID: ML81995564
  • Price: $1,749,000
  • Property Size: 3000 Sqft
  • Land Area: 0.1951 Acres
  • Garage Size: x x
  • Year Built: 1959
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active Under Contract

Additional details

  • Listing Terms: FHA,VA Loan
  • Roof: Composition
  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Wall Furnace
  • County: Santa Clara
  • Property Type: Residential Income
  • Parking: Covered

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