CA > San Jose
San Jose, CA 95136,804 Farm DR
San Jose, CA 95136,804 Farm DR
San Jose, CA 95136,804 Farm DR
8
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Listed by Larry Giang • KW Silicon City
$1,640,000
Est. payment /mo
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8 Beds
5 Baths
3,544 SqFt
Contingent

804 Farm DR San Jose, CA 95136

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Madhu Sarkar

Madhu Sarkar

+1(650) 504-7768

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,544 sqft

Price per Sqft $462

MLS Listing ID ML82007376

Style Traditional

Bedrooms 8

Full Baths 5

Year Built 1963

Lot Size 7,150 Sqft

Property Sub-Type Fourplex

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 Blossom Valley

Zoning RM

Rooms

Kitchen Cooktop - Electric, Countertop - Ceramic, Countertop - Formica, Countertop - Other, Countertop - Tile, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator

Interior

Heating Central Forced Air

Cooling Central Forced Air - Gas, Other

Flooring Laminate, Tile

Laundry None

Exterior

Exterior Feature Courtyard, Low Maintenance

Parking Features Common Parking Area, Lighted Parking Area, On Street, Unassigned Spaces, Underground Parking, Undersized

Utilities Available Individual Electric Meters, Public Utilities

Roof Type Shingle

Building

Story 2

Foundation Concrete Perimeter, Post and Beam, Wood Frame

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 455-26-032

Miscellaneous Other

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

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agent

Madhu Sarkar

DRE# 01702931 | License ID: 01702931

+1(650) 504-7768

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804 Farm DR