851 - 853 East. San Antonio St., San Jose, CA 95116 - ML81822942 - iPro Real Estate
iPro Real Estate

iPro Real Estate

For Sale

$1,455,000 $744.63 per sqft

Free Professional CMA

Listing ID : ML81822942

  • Structure / Lot Size

    1,954 Sqft / 0.1760 Acre
  • Year

    1900

Description

A must buy! Functions like a Triplex. Great price relative to income & cap rate. Current leases @ $7,525/month or $90,000 annualized. Desirable detached 2 unit investment property or make it owner occupied with fantastic add'l income generating unit(s). Sublease back 3bed/2bath unit as studio/1bath & 2bed/1bath plus front 2bed/2bath unit. Excellent surrounding rental market, servicing nearby workplaces like Adobe, San Jose State (student & staff), & 3 hospitals. Increased rental potential with the proposed downtown Google campus (Approx. 25,000 new employees), Alum Rock BART extension, and expanding Adobe campus. Units showcase a bright & open floor plan, nice flooring, upgraded kitchen & bathrooms, dual pane windows, private backyards with decks, and extra parking. Ideal location, neighboring beautiful Naglee Park, easy access to Caltrain, VTA Light Rail, Highways 280, 87, 101, 680, Silicon Valley's work and pleasure destinations, and only a few minutes from vibrant Downtown San Jose!

Details

Type: Multi-Family/Income Sale 
Subdivision: Central San Jose 
County: Santa Clara 
Security Features: None 
Tax ID: 467-38-100
Annual Taxes: $18,125
School District: San Jose Unified
Building Size: 1,954 SqFt 
Cap Rate: 4.28% 
Gross Rent Multiplier: 16.08 
Days on Market: 784 
Access Features: Parking 
Energy Saving: Solar Power 
Flooring: Hardwood, Laminate, Tile 
Foundation: Concrete Perimeter 
Horse Property: No
Kitchen: Appliances - Vary by Unit, Countertop - Granite, Dishwasher, Microwave, Oven Range - Gas, Refrigerator 
Laundry: Coin Operated, Washer / Dryer 
Number of Buildings: 2 
Number of Units: 2 
Parking Spaces: 3 
Property Type: Commercial Sale 
Roof: Composition 
Sewer: Sewer - Public 
Style: Traditional 
Sub Type: Duplex 
Utilities: Public Utilities, Solar 
Water: Public 

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Interactive

37.340919 -121.869995 $1,455,000 ML81822942
851 - 853 East. San Antonio St., San Jose, CA 95116
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Area Information 95116

Population:

54,904 Up .07% since 2010
Average Income:
$76,826
Average Age:
32Years
Gender:
51.05%Male
48.95%Female
Households:
14,14047.76% with children
Average Value:
$873,971
Occupancy:
37.33%Owned
62.67%Rented
4.19%Vacant
Education:
24.99%High School
4.75%Associate
12.44%Bachelor
4.93%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
15.94Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low
Wind Risk:
Very Low

Mortgage Calculator

Listed by Javier Ruano with KW Bay Area Estates

Based on information from the MLSListings MLS) as of 2/2/2023. 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 2/2/2023. 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. ©2023 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes