45 22nd ST, San Jose, CA 95116
45 22nd ST, San Jose, CA 95116
45 22nd ST, San Jose, CA 95116
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Cassandra Smillie Wyckoff • Marcus & Millichap, DRE#02208464
$1,750,000
Est. payment /mo
4 Beds
4 Baths
3,122 SqFt
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Open House

Sat Jul 25, 11:00am - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $560

MLS Listing ID ML82055127

Bedrooms 4

Full Baths 4

Year Built 1990

Lot Size 7,797 Sqft

Property Sub-Type Fourplex

Property Description

Marcus & Millichap is proud to present 45 S. 22nd Street, a newly 1990 built residential multifamily complex in downtown San Jose, CA. This turnkey Silicon Valley fourplex delivers a 6%+ pro-forma cap rate with exemption from the local Rent Ordinance of 5% maximum increase. A proven floor plan comprises four spacious 1-bedroom, 1-bathroom units (averaging ~780 sq. ft.) featuring an identical, highly functional layouttwo units on the ground floor and two on the upper level boasting with natural light. Premium turnkey interiors fully remodeled within the last 9 years, units boast durable tile flooring, new window's in half the units, sleek granite kitchen countertops, and a complete appliance package including a stove, refrigerator, and dishwasher. In-demand tenant amenities, each unit designed for independent living with its own dedicated water heater, private laundry hook-ups, soaring high ceilings, and abundant natural light. The outdoor living offers an enjoyable premium double-patio layout (one large, one secondary), well-manicured common areas, and dedicated on site parking located safely in the rear.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning RM

Rooms

Other Rooms Loft

Kitchen Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range - Built-In

Interior

Heating Central Forced Air

Cooling Central AC, Central Forced Air - Gas

Flooring Other

Laundry Washer / Dryer

Exterior

Parking Features Common Parking Area

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Shingle

Building

Story 2

Foundation Concrete Perimeter, Crawl Space

Sewer Sewer - Public

Water Individual Water Meter, Public

Level or Stories 2

Others

Tax ID 467-31-046

Miscellaneous High Ceiling ,Walk-in Closet

Security Features Security Lights,Varies by Unit,Video / Audio System

Horse Property No

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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