San Jose, CA 95128,922 Leigh Avenue
San Jose, CA 95128,922 Leigh Avenue
San Jose, CA 95128,922 Leigh Avenue
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Listed by Michael Shields • SiliconValley MultiFamilyGroup
$1,950,000
Est. payment /mo
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3,802 SqFt
New

922 Leigh Avenue San Jose, CA 95128

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,802 sqft

Price per Sqft $512

MLS Listing ID ML82012148

HOA Y/N No

Year Built 1977

Lot Size 10,750 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

Property Description

West San Jose fourplex with excellent unit mix: (1) 3BD/2BA unit with a fireplace, and (3) 2BD/1BA units. There are six carports and 3 additional on-site spaces. There is also an onsite laundry facility with equipment leased from Coinmach. Unit 1 (3BD/2BA), was remodeled within the last 5 years, including the kitchen (counters, cabinets, appliances), bathroom, flooring and paint. Units 2&4 were remodeled in the last 10 years. All units have dishwashers, A/C units & radiant wall heating systems. The building has been well-maintained over the years. Current Gross Scheduled Income is $125,328 which includes $94/month in laundry income. All four units are fully rented at near market rate with no delinquencies. There is some upside potential in the rents because the property is located in West San Jose, a desirable rental location that is close to shopping, large employers, commuter routes and schools. The building has copper plumbing and the roof is pitched composition shingle. All units are individually metered for gas and electric. The owner pays water/sewer, trash removal, common area utilities, landscaping, repairs, taxes and insurance. As are all 3+ unit multifamily properties in San Jose, the building is subject to the City of San Jose TPO & RCO.

Location

State CA

County Santa Clara

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Laundry Coin Operated

Schools

School District Campbell Unified School District, Campbell Unified School District


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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922 Leigh Avenue