Multifamily property consists of eight, 1BD/1BA units, approx 425 SF in size. Seven of the eight units have been renovated with newer cabinetry, granite countertops, appliances, flooring, paint and are in very good condition. All units also have double pane windows. All 8 units are currently rented with 7 at market rate of $1,895/month/unit. There are no delinquent rents or tenants in arrears. See the Unit Mix Report in OM for the rental amount for each unit. The 3,618 square foot building consist of a concrete foundation with stucco over wood structure, composite shingle roof and concrete parking lot. The lot size is 7,800 square feet and the property is zoned Residential Multifamily (RM). There are 8 uncovered parking spaces on-site. There is no tuckunder parking for this building which means that a "soft-story" engineering retrofit will not be required. The property is located in an exceptionally strong East San Jose Rental Market where demand for units is very robust. This property

• MLS: ML81948925
• Type: 701
• Listed: 11/30/2023
• Sold Date: 4/19/2024
• Schools: GS Dist: San Jose Unified District
  HS Dist: San Jose Unified District
• Year Built: 1961

Flooring Carpet Laminate Tile Vinyl / Linoleum General Features Amenities Misc.: None Cooling: None Foundation: Concrete Slab Heating: Wall Furnace Laundry: Coin Operated Roof: Composition Subclass: 701 Water: Public

Garage Parking Features Common Parking Area No Garage Uncovered Parking Sewer Septic Sewer - Public Sewer Connected Sewer in Street

Kitchen Countertop - Granite Exhaust Fan Garbage Disposal Hood Over Range Oven Range - Gas Refrigerator