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$1,649,000

Available Now!

1401 Lexington DR, San Jose, CA 95117

1401 Lexington DR, San Jose, CA 95117

?? total units

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Description

PRICE REDUCTION. Best CAP Rate: 4.43% on the market. Large 4-Plex in West San Jose. (1) 3/2 Owners Unit, (1) 2/2 and (2) 2/1 units. CURRENT GROSS INCOME: $109, 000. Additional income from coin-op laundry. The large 3 bedroom/1 bath unit will be VACANT on November 1st, 2016. New owner will have a chance to bring this unit to market rents. Housing Authority suggest this unit can be rented at $3, 385 per month. Located near Campbell, Santana Row, east access to HWY's 880, 17 and 280. Lots of high quality upgrades throughout. Full remodel of Owners unit since 2008. All other units have had lots of work. There are 3 enclosed double garages for tenants. All units have fireplace. All units are month-to-month.

Details

  • Built in 1967
  • 1 Story
  • Fourplex
  • Style: Unknown
  • Santa Clara County
Units Information
Unit # Beds Baths Rent SqFt
1 3 0 $3,385 n/a
2 2 0 $1,500 n/a
3 2 0 $2,310 n/a
4 2 0 $1,900 n/a

$1,649,000

Available Now! -

MLS ID# ML81599797

Listing Provided by

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Christian Losness
Losness Investment Real Estate Corp


Hosted by PMZ Real Estate

(877) 565-2010

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Christian Losness
Losness Investment Real Estate Corp


Hosted by PMZ Real Estate

(877) 565-2010

Get more info or schedule a showing
     

Question or comment

9:0
MLS#: ML81599797
Listing Office: Losness Investment Real Estate Corp
Listing Agent: Christian Losness
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