51 Jose Figueres Avenue
San Jose, CA, 95116
$1,749,000
Beds
0 Baths
SqFt
0.2 Acres
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This turnkey four-unit multifamily investment property in San Jose, CA, is an excellent opportunity in a high-demand rental market. The fully leased property generates a strong gross annual rental income of $118,336. It consists of four spacious 2-bedroom, 1-bath units, each approximately 750 square feet, with three of the four units already updated. 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 $1,978 to $2,600 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. This is a rare off-market opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.

Property Details

Price:
$1,749,000
MLS #:
ML81995564
Status:
Active Under Contract
Baths:
0
Address:
51 Jose Figueres Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
699notdefined
City:
San Jose
Listed Date:
Feb 26, 2025
State:
CA
ZIP:
95116
Lot Size:
8,500 sqft / 0.20 acres (approx)
Year Built:
1959
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Parking Spots
-4.00
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2
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Taxes
$19,270

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51 Jose Figueres Avenue
San Jose, CA