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Gurpriit Atwal

Eddie Oberoi

gatwal@intero.com +1(510) 399-3462

Listed by Michael Shields • SiliconValley MultiFamilyGroup

$ 1,950,000

Est. payment -/mo

Save

New

922 Leigh AVE San Jose, CA 95128

9 Beds

5 Baths

3,802 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,802 sqft

Price per Sqft $512

MLS Listing ID ML82012148

Bedrooms 9

Full Baths 5

Year Built 1977

Lot Size 10,750 Sqft

Property Sub-Type Fourplex

Property Description

West San Jose fourplex with excellent unit mix: (1) 3BD/2BA unit with a fireplace, and (3) 2BD/1BA units. There are six carports and 3 additional on-site spaces. There is also an onsite laundry facility with equipment leased from Coinmach. Unit 1 (3BD/2BA), was remodeled within the last 5 years, including the kitchen (counters, cabinets, appliances), bathroom, flooring and paint. Units 2&4 were remodeled in the last 10 years. All units have dishwashers, A/C units & radiant wall heating systems. The building has been well-maintained over the years. Current Gross Scheduled Income is $125,328 which includes $94/month in laundry income. All four units are fully rented at near market rate with no delinquencies. There is some upside potential in the rents because the property is located in West San Jose, a desirable rental location that is close to shopping, large employers, commuter routes and schools. The building has copper plumbing and the roof is pitched composition shingle. All units are individually metered for gas and electric. The owner pays water/sewer, trash removal, common area utilities, landscaping, repairs, taxes and insurance. As are all 3+ unit multifamily properties in San Jose, the building is subject to the City of San Jose TPO & RCO.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3

Rooms

Other Rooms Laundry Room

Kitchen Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet, Laminate, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Carport , Common Parking Area, On Street

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Composition,Shingle

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public, Sewer Connected, Sewer in Street

Water Public

Level or Stories 2

Others

Tax ID 282-35-066

Miscellaneous None

Security Features None

Horse Property No

Special Listing Condition Not Applicable