CA > San Jose
San Jose, CA 95110,1360 Lick AVE
San Jose, CA 95110,1360 Lick AVE
San Jose, CA 95110,1360 Lick AVE
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Jimmy Castellanos • Marcus & Millichap
$1,700,000
Est. payment /mo
9 Beds
5 Baths
3,786 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,786 sqft

Price per Sqft $449

MLS Listing ID ML82015763

Bedrooms 9

Full Baths 5

Year Built 1979

Lot Size 7,800 Sqft

Property Sub-Type Fourplex

Property Description

7.04% Current Cap Rate! All Section 8 renters. Three of the four units have been upgraded. 1360 Lick Avenue presents a rare opportunity to acquire a fourplex community situated on a standalone 7,800 square foot parcel. Built in 1979, the property features an ideal unit mix consisting of two spacious 3-bedroom/2-bath units and two 2-bedroom/1-bath units. The building totals approximately 3,786 square feet and offers covered parking at the rear for tenant convenience. Three of the four units have been remodeled. With a strong in-place cap rate, 1360 Lick Ave delivers a rare opportunity to achieve immediate cash flow in a stabilized, central San Jose location.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3

Interior

Heating Central Forced Air, Wall Furnace

Cooling Ceiling Fan, Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Attached Garage, Carport

Garage Spaces 1.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 434-12-085

Security Features Other

Horse Property No

Special Listing Condition Not Applicable

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agent

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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1360 Lick AVE

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