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Listed by Irene Borz • CA 1 Team
$1,599,000
Est. payment /mo
2,320 SqFt
Open House
Sat May 23, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $689
MLS Listing ID ML82040466
HOA Y/N No
Year Built 1946
Lot Size 10,227 Sqft
Property Sub-Type Triplex
Source Datashare MLSListings
Property Description
A triplex in San Jose on a large lot presented as 3 detached buildings. Open House on Saturday, May 23, 2 - 4 pm. This property offers a strong addition to any portfolio for the 5 following reasons: 1. Strong Cash Flow: The asset generates $9,600 per month. With modern infrastructure and low maintenance requirements, it represents a stable investment. 2. Versatile Layout: The spacious lot includes two detached 2-bedroom/1-bath homes (560 sq ft each) and a 1,200 sq ft ADU built in 2026. The ADU is currently configured with 4 bedrooms and 2 baths but can be converted into two 600 sq ft units. 3. Streamlined Utilities: The property features three officially registered addresses with separate metering (three electric and two gas meters). 4. Prime Location: Situated in downtown San Jose, the property is located near San Jose State University and major tech hubs. 5. Investor-Ready: This is an ideal asset for 1031 exchange buyers or long-term investors.
Location
State CA
County Santa Clara
Interior
Heating Electric
Cooling ENERGY STAR Qualified Equipment
Flooring Laminate
Fireplace No
Window Features Double Pane Windows
Appliance Tankless Water Heater, ENERGY STAR Qualified Appliances
Building
Lot Description Level, Rectangular Lot
Water Public
Schools
School District San Jose Unified, San Jose Unified
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