CA > San Jose
San Jose, CA 95110,1346 Lick AVE
San Jose, CA 95110,1346 Lick AVE
San Jose, CA 95110,1346 Lick AVE
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Beverly & Hector Team

Beverly & Hector Team

+1(626) 922-9910
$1,800,000
Est. payment /mo
3,768 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,768 sqft

Price per Sqft $477

MLS Listing ID ML82015769

HOA Y/N No

Year Built 1979

Annual Tax Amount $20,579

Lot Size 7,801 Sqft

Property Sub-Type Quadruplex

Property Description

6.10% Current Cap Rate! Completely re-built in 2022! Nestled in the heart of San Jose, 1346 Lick Avenue presents a rare opportunity to acquire a newly built fourplex on a 7,800 square foot lot. Built in 1979 and then rebuilt in 2022, totaling approximately 3,768 square feet, the property offers an ideal unit mix comprising one spacious 3-bedroom/2-bath unit and three well-designed 2-bedroom units. Three of the four units have in-unit washers and dryers. What is especially compelling about this offering is the in-place cap rate over 6%, a rare profile in today's residential income market.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R3

Interior

Heating Central, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Carport

Garage Spaces 1.0

Carport Spaces 3

Garage Description 1.0

View Y/N No

Roof Type Composition

Accessibility Other

Total Parking Spaces 4

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Willow Glen

High Schools Willow Glen

School District San Jose Unified

Others

Tax ID 43412086

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jimmy Castellanos Marcus & Millichap
agent-avatar

+1(626) 922-9910

team@bh-realtor.com

1411 S Diamond Bar Blvd, Diamond Bar, CA, 91765, USA

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