CA > San Jose
San Jose, CA 95136,804 Farm DR
San Jose, CA 95136,804 Farm DR
San Jose, CA 95136,804 Farm DR
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$1,640,000
Est. payment /mo
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3,544 SqFt
Active Under Contract

804 Farm DR San Jose, CA 95136

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Dave Dennis

Dave Dennis

+1(619) 987-9484

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,544 sqft

Price per Sqft $462

MLS Listing ID ML82007376

HOA Y/N No

Year Built 1963

Annual Tax Amount $40,000

Lot Size 7,148 Sqft

Property Sub-Type Quadruplex

Property Description

STRONG STABLE INCOME STREAM FOURPLEX, Highly desirable low vacancy rental area on Capitol Expressway and Pearl behind the Toyota Dealership. All current tenants are family-oriented and have been here 2-16 years. This is a larger than average 4plex and has a great unit mix which consists of (1) 3Br/2ba (1) 1Br/1Ba and (2) 2br/1Ba receiving about $9300/month (+/-$111,600yr) The property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. Monthly rents range from $1,800 to $3,150 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. Most tenants are on month-to-month leases, and all like to stay for the long term. Two out of Four units been updated and remodeled. Overall this is a great property that generates a higher income than most. This location is only minutes away from the 85/87 highway and 280 fwy. There are lots of nearby day-to-day conveniences such as supermarkets, fast food, fuel, big box chain stores,etc. This is a rare opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM

Interior

Heating Central

Cooling Gas

Flooring Laminate, Tile

Fireplace No

Appliance Electric Cooktop, Electric Oven, Disposal, Refrigerator, Range Hood

Laundry None

Exterior

Parking Features Underground, Unassigned

Carport Spaces 4

View Y/N No

Roof Type Shingle

Accessibility Other, Parking

Total Parking Spaces 2

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Schools

Elementary Schools Other

Middle Schools John Muir

School District San Jose Unified

Others

Tax ID 45526032

Security Features Security Lights

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Larry Giang • KW Silicon City

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agent

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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