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$ 1,290,000
Est. payment /mo
Pending
1412 Carnelian Dr San Jose, CA 95122
8 Beds
3,214 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,214 sqft
Price per Sqft $401
MLS Listing ID 41151566
Bedrooms 8
HOA Y/N No
Year Built 1962
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Quadruplex
Property Description
This turn-key fourplex on the Eastside of San Jose offers a rare Silicon Valley investment opportunity at a competitive price. The well-maintained property features four 2-bedroom, 1-bathroom units, each measuring approximately 800 square feet, providing a total of around 3,200 square feet of living space. The building is 100% fully occupied by reliable, long-term tenants, generating strong rental income and high cap rates with historically low vacancy rates. Additional revenue is generated through an on-site shared laundry room. Monthly Security Services Fee is $222. Exhibiting true pride of ownership, the property has dedicated parking including five total spaces (one assigned rear space per unit) plus street parking. Conveniently situated near US-101, I-280, and I-680, the property offers easy commuter access. It is minutes from San Jose State University, Little Saigon, Grand Century Shopping Mall, Kelley Park, Happy Hollow Zoo, and local community centers.
Location
State CA
County Santa Clara
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling Other
Flooring Hardwood, Carpet
Fireplace No
Exterior
Exterior Feature Other
Building
Lot Description Level
Sewer Sewer in Street
Water Public
New Construction No
Others
Tax ID 47732192
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Listed by Tejveer Yadav • Tejveer Yadav, Broker