44 South. Sunset Ave., San Jose, CA 95116 - ML81800794 - iPro Real Estate
iPro Real Estate

iPro Real Estate

44 South. Sunset Ave.
San Jose, CA 95116

Pending, Multi-Family/Income Sale

For Sale

$695,000 $903.77 per sqft

Free Professional CMA

Listing ID : ML81800794

  • Structure / Lot Size

    769 Sqft / 0.1057 Acre

  • Year

    1944

Description

44 South Sunset Avenue is located in the Mayfair North Neighborhood. The home faces West Ward, and is a Perfect Income $$$$ generating property for investor(s), buyer(s) looking for primary home with great (Rental) income and or Buyer(s) looking to invest in Real Estate located in the "Silicon Valley region". This parcel is the only parcel on Sunset Ave with the Zoning "MS-G" Main Street Ground-Floor Commercial District. Existing Zoning will allow build out of first floor commercial and second floor rental quarters. The "Main Street Zoning Districts" were approved by the City Council in 2010. At that time, the Subject original single family residential zoning was changed to "MS-G" which is intended to provide a mix of commercial and residential uses integrated in a pedestrian oriented design. The Subject current use appears to be "legal" non conforming, however existing uses may continue as normal according to the zoning ordinance.

Details

Type: Multi-Family/Income Sale 
Subdivision: Alum Rock 
County: Santa Clara 
Security Features: Other 
Tax ID: 481-21-008
Annual Taxes: $6,916
School District: East Side Union High
Elementary: San Antonio Elementary 
Middle: Ocala Middle 
High: Independence High 
Building Size: 769 SqFt 
Cap Rate: 9.43% 
Gross Rent Multiplier: 9.65 
Pool: Yes
Days on Market: 1,384 
Access Features: Parking 
AltCal ID: ML81800794 
Construction Type: Concrete , Wood Frame 
Cooling: None 
Flooring: Hardwood, Tile, Vinyl / Linoleum 
Foundation: Concrete Slab 
Heating: Wall Furnace  
Horse Property: No
Number of Buildings: 3 
Parking Spaces: 6 
Property Type: Commercial Sale 
Roof: Shingle 
Sewer: Sewer - Public 
Sub Type: Mixed Use or Other Multi-Unit 
Utilities: Individual Electric Meters 
Water: Public 

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Interactive

37.35545 -121.848618 $695,000 ML81800794
44 South. Sunset Ave., San Jose, CA 95116
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Listed by Robert Fernandez with John Majdan, Broker

Based on information from the MLSListings MLS) as of 4/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/26/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes