Investor's dream. First time on the market since built in 1977. This beautiful timeless mediterranean style 4-plex has strong foundations, solid construction, low-maintenance concrete tile roofing and stucco exterior, and a tremendous potential to increase equity and rental income by updating interiors. The prime location - a quiet neighborhood at… Read More walking distance from the Santa Clara University's main campus- will guarantee its long-term value. All units have been largely rented to students all year around, but it would also be perfect for living-in owners with the other three units providing a steady cash flow. The front unit, the 2-story townhouse style home facing Park Ave, has 3 bedrooms and 3 full baths, with nearly 1600 Sq/Ft. The junior units are one apartment of about 900 Sq/Ft with 2 bedrooms/2 baths, and two twin apartments of about 800 SqFt, with 2 bedrooms/1.5 bath each. Total living area of the building is 4,153 Sq/Ft, with 9 bedrooms and 8 baths total, one laundry room of 70 Sq/Ft, and 4 covered and 2 open parking spaces. Two units are vacant, and two are leased to 6/30/26, and 8/31/26. All areas are estimated. Disclosures and financial statements available through your agent. PLEASE, DO NOT DISTURB TENANTS OR WALK ON THE PROPERTY WITHOUT AN APPOINTMENT. Read Less
Courtesy of America Realty, Juan Beher 408-506-5182
Listing Snapshot
Days Online
74
Last Updated
Property Type
Fourplex
Square Ft.
4,153
Lot Size
0.21 Acres
Year Built
1977
MLS Number
ML82019400
30 Days Snapshot Of 95050
$1.55M
-1%
(avg) sold price
15
0%
homes sold
33
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 9000.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 800 square feet, Unit 1 rent: $3,000
Unit Two
2 bedrooms in unit 2, Unit 2: approximately 800 square feet, Unit 2 rent: $3,000
Unit Three
2 bedrooms in unit 3, Unit 3: approximately 900 square feet, Unit 3 rent: $2,450
Unit Four
3 bedrooms in unit 4, Unit 4: approximately 1,600 square feet, Unit 4 rent: $3,400
Accessibility Features
None
Building
Built in 1977, 4 building units, 1 building, Mediterranean, 4,153 structure square feet
Roof
Tile
Utilities
Public Utilities
Sewer
Sewer Connected
Security Features
None
Heating
Electric, Fireplace
Cooling
Window / Wall Unit
Floors
Carpet, Laminate, Tile
Foundation
Reinforced Concrete
Kitchen
Appliances - Vary by Unit, Countertop - Ceramic, Countertop - Granite, Exhaust Fan, Hood Over Range, Hookups - Gas, Pantry, Refrigerator
Laundry
Coin Operated
Water Features
Public
Parking
2 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
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