EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in one unit & rent out the rest for income. The county record shows "use code" as 4 plex with any combination. Currently, it is a triplex used as open 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. ADU potential! 3-4 cars fit inside the backyard. Low-maintenance backyard for BBQ or entertaining. MANY UPDATES SINCE 2018, IT INCLUDES ROOF replacement, downstairs AC, replaced most of the windows, entire interior painting, LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer). There are 3 gas meters, one master water meter. Before COVID-19 in 2019, owners' rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county's Covid restriction. Among the current 9 rooms, there is a primary suite with 1 of the 3 kitchens, a private bath, and a separate entrance. This property can be converted back to a triplex easily. Short walk to vibrant Downtown, San Jose State University, S.J. Convention Center, cafes & restaurants. Companies & SJU are shifting back to in-person work & learning, Great income growth Opportunity!
Days on market: 25
Listing updated: May 18, 2025 - 12:37:05
Listed by: Jessica Chung Yau DRE #01406732 (650) 543-7740, Intero Real Estate Services - MLSListings
Source: MLSListings, MLS#: ML29158 Originating MLS: CRMLS
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