Welcome to 1264 Whitton Ave, San Jose, CA a 7-unit multifamily investment opportunity offering a diverse unit mix and established rental income. The property consists of seven residential units, including three 2-bedroom, 1-bathroom units, three 1-bedroom, 1-bathroom units, and one studio. The varied unit mix provides flexibility for a broad… Read More range of tenants while creating a diversified rental profile. The property currently generates approximately $134,076 in annual rental income. Current rents may offer potential for future increases, providing an opportunity for an investor to evaluate additional income potential over time, subject to applicable rent-control requirements, tenant protections, existing leases, and market conditions. With seven units in one property and an established income stream, 1264 Whitton Ave offers investors the opportunity to acquire a multifamily asset with current cash flow and potential for future income growth. Buyers are encouraged to independently verify all rental information, unit details, square footage, expenses, permits, zoning, and other property characteristics. A compelling opportunity for investors seeking an established San Jose multifamily property with a diverse unit mix, current rental income, and potential for future rent growth. Read Less
Courtesy of Fathom Realty Group, Patrick Carvalho 925-457-7161
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
3,084
Lot Size
0.12 Acres
Year Built
1962
MLS Number
ML82061891
30 Days Snapshot Of 95116
$838k
0%
(avg) sold price
14
+75%
homes sold
36
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5360.00, Max Area Units: Square Feet, Lot is 0.12304866850321 acres
Accessibility Features
None
Unit One
Rent: $1,650, 2 bedrooms
Unit Two
Rent: $1,648, bedroom 1
Unit Three
Rent: $1,100
Building
3,084 structure square feet, Age: 64, Built in 1962, 1 building, 7 minimum units in complex
Cooling
Other
Foundation
Concrete Perimeter
Garage
Assigned Spaces, Carport
Water Features
Public
Heating
Other
Tenant Pays
Other
Miscellaneous
Total expenses: 22131
Parking
3 parking spaces
Property
Zoning: LI
Roof
Shingle
Security Features
Fire Alarm
Taxes
Annual tax amount: $6,525
Sewer
Sewer - Public
Utilities
Master Electric, Separate Common Area, Separate Gas, Separate Water, Public Utilities
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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