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Cory Chen

realcorychen@gmail.com +1(650) 888-9321

Listed by Jimmy Castellanos • Marcus & Millichap

$ 1,800,000

Est. payment -/mo

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1346 Lick AVE San Jose, CA 95110

9 Beds

5 Baths

3,768 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,768 sqft

Price per Sqft $477

MLS Listing ID ML82015769

Bedrooms 9

Full Baths 5

Year Built 1979

Lot Size 7,800 Sqft

Property Sub-Type Fourplex

Property Description

6.00% Current Cap Rate! All section 8 renters. All upgraded units in 2022! Nestled in the heart of San Jose, 1346 Lick Avenue presents a rare opportunity to acquire a high income fourplex on a 7,800 square foot lot. Built in 1979 and partially re-constructed in 2022 due to a fire, this property totals 3,768 square feet and offers an ideal unit mix comprising two spacious 3-bedroom/2-bath units and two 2-bedroom units. Three of the four units have single-unit washers and dryers.

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

Flooring Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Assigned Spaces, Attached Garage, Carport

Garage Spaces 1.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 434-12-086

Security Features Other

Horse Property No

Special Listing Condition Not Applicable