Fully Rented 4-Plex Investment Opportunity with Upside Potential! This well-maintained 4-unit building is a great addition to any investor’s portfolio. Located in a safe and convenient neighborhood, the property offers consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights: Unit Configuration: Four units (4x 2-bed/1-bath) ideal for owner-occupied buyers or for investors Well-Maintained Community: Lewis Road is part of an HOA that ensures clean and well-kept grounds. Parking & Amenities: Includes assigned carports with extra parking spots, a shared laundry facility, and balconies/patios for tenant enjoyment. Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transportation, making it a practical choice for families and ensuring steady rental income and high occupancy rates. Value-Add Potential: Some units need upgrades, offering an opportunity to increase profitability through market rent adjustments or cosmetic improvements to boost appeal. This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market. Schedule your private tour today and discover why this property is the perfect fit for your portfolio!
Property Details
Price:
$1,780,000
MLS #:
ML81991369
Status:
Active
Baths:
0
Address:
450 Lewis Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Jan 22, 2025
State:
CA
ZIP:
95111
Lot Size:
9,945 sqft / 0.23 acres (approx)
Year Built:
1962
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Schools
Interior
Accessibility Features
None
Cooling
Wall/ Window Unit(s)
Flooring
Laminate
Heating
Wall Furnace
Exterior
Foundation Details
Slab
Garage Spaces
0.00
Parking Spots
2.00
Roof
Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
1288.00
Taxes
$5,157
Map
Community
- Address450 Lewis Road San Jose CA
- Area699 – Not Defined
- CitySan Jose
- CountySanta Clara
- Zip Code95111
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450 Lewis Road
San Jose, CA
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