Excellent investment opportunity for a first-time investor or for an investor seeking to expand an existing portfolio. Property consists of a single-story, 3,556 sqft, situated on a 10,014 sqft parcel. The property is comprised of four 2BD/1BA units, each approximately 850 square feet in size. Amenities include air conditioning, dishwashers… Read More and washers & dryers in all units offering a level of convenience and functionality that supports tenant retention. Parking is accommodated by covered spaces for each unit, along with one additional on-site parking space per unit. Each unit also includes a dedicated storage closet. Two of the units benefit from private backyard areas, while all residents have access to a shared, landscaped courtyard, providing usable outdoor space that enhances livability. The asset is not subject to municipal rent control, allowing for flexibility in rent adjustments in accordance with California state regulations. Close proximity to many technology companies including ServiceNow, Applied Materials, Intel, NVIDIA, Advanced Micro Devices, Marvell Technology, Palo Alto Networks, and Agilent Technologies. A variety of retail, dining, and recreational amenities, as well as convenient access to major transportation corridors close by. Read Less
Courtesy of SiliconValley MultiFamilyGroup, Michael Shields 408-356-1900
Listing Snapshot
Days Online
1
Last Updated
Property Type
Fourplex
Square Ft.
3,556
Lot Size
0.23 Acres
Year Built
1958
MLS Number
ML82063660
30 Days Snapshot Of 95050
$1.18M
-30%
(avg) sold price
14
+7%
homes sold
33
+17%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 10014.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 850 square feet, Unit 1 rent: $2,862
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 850 square feet, Unit 2 rent: $2,800
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 850 square feet, Unit 3 rent: $2,800
Unit Four
2 bedrooms in unit 4, Unit 4: approximately 850 square feet, Unit 4 rent: $2,900
Accessibility Features
None
Amenities
None
Building
Built in 1958, 4 building units, 1 building, 3,556 structure square feet
Roof
Composition
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Sewer
Sewer - Public, Sewer Connected
Security Features
None
Heating
Wall Furnace
Cooling
Window / Wall Unit
Floors
Laminate, Tile
Foundation
Concrete Perimeter
Kitchen
Countertop - Granite, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
Laundry
Washer / Dryer
Water Features
Public
Parking
4 parking spaces
Miscellaneous
Vacancy factor: 1
Tenant Pays
Utilities - Electric, Utilities - Gas
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