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Listed by Jimmy Wu • Sunshine Investment, DRE#00801750
$1,688,000
Est. payment /mo
5 Beds
3 Baths
2,210 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $763
MLS Listing ID ML82039389
Bedrooms 5
Full Baths 3
Year Built 1958
Lot Size 7,192 Sqft
Property Sub-Type Duplex
Property Description
High-Yield Investment Opportunity! This meticulously maintained duplex at 1454-1456 Merry Lane is a standout in the 95128 market, generating $6,550 in consistent monthly income. Located in a quiet, sought-after pocket bordering Campbell and the Pruneyard, it offers an unbeatable blend of immediate cash flow and Silicon Valley appreciation. Unit 1454 (3BR/2BA): A true showstopper, fully renovated top-to-bottom in 2021. Features a modern open-concept kitchen, designer bathrooms, stylish wood flooring, and fresh paint. Currently earning $4,000/mo. Unit 1456 (2BR/1BA): A solid performer at $2,550/mo. Both units enjoy private backyards, attached one-car garages, and separate PG&E meters. With a low vacancy history and long-term, reliable tenants on month-to-month leases, this is a "set-and-forget" asset for any portfolio. Quick access to I-280, Hwy 17, and major tech campuses!
Location
State CA
County Santa Clara
Area Campbell
Zoning R2
Interior
Heating Central Forced Air - Gas
Cooling Ceiling Fan
Laundry Washer / Dryer
Exterior
Parking Features Detached Garage, Off-Street Parking, On Street
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Tax ID 279-28-071
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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