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Listing Details

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School Ratings & Info

Description

No rent control (unincorporated area of San Jose). This 9-unit complex comprises a 5-unit property and a 4-plex, each separate properties that can be purchased together or individually. The 4-plex (349 Richmond) has one, 2-bed/2-bath unit and three, 1-bed/1-bath units; it also has a laundry room, storage room, and 6 parking spaces. The 5-plex (357-359-361 Richmond) is a three building complex comprising five units (two separate cottages up front and a 3-plex in the rear). The right cottage (357 Richmond) is technically a studio, although there is a bedroom, but it has no closet. The left cottage (361 Richmond) is a one-bedroom. The rear building (359 Richmond) has two, 1-bed/1-bath units upstairs and a studio downstairs; it also has three storage rooms. The complex is centrally located in the Burbank neighborhood...very close to Santana Row, downtown San Jose, the proposed Google Village, the Rose Garden, the Caltrain Diridon station, and the future downtown BART station.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T17:33:05.913. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
www.marknazzalrealty.com/homes/89697095
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Address Not Available By Request San Jose, CA 95128

  • Price: $2,800,000
  • Status: Active
  • Updated: 35 min ago
  • ID#: ML81711700
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Beds
0
Baths
0
½ Baths
N/A
Acres
5,114
SQFT
$548
$/SQFT
1931
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Property Description
No rent control (unincorporated area of San Jose). This 9-unit complex comprises a 5-unit property and a 4-plex, each separate properties that can be purchased together or individually. The 4-plex (349 Richmond) has one, 2-bed/2-bath unit and three, 1-bed/1-bath units; it also has a laundry room, storage room, and 6 parking spaces. The 5-plex (357-359-361 Richmond) is a three building complex comprising five units (two separate cottages up front and a 3-plex in the rear). The right cottage (357 Richmond) is technically a studio, although there is a bedroom, but it has no closet. The left cottage (361 Richmond) is a one-bedroom. The rear building (359 Richmond) has two, 1-bed/1-bath units upstairs and a studio downstairs; it also has three storage rooms. The complex is centrally located in the Burbank neighborhood...very close to Santana Row, downtown San Jose, the proposed Google Village, the Rose Garden, the Caltrain Diridon station, and the future downtown BART station.
Exterior Features

Architectural Style CottageTraditional Carport Spaces 3 Carport YN Yes Foundation Details Concrete PerimeterPier JacksSlab Lot Features Paved Parking Features Attached CarportAssignedCarportOne Space Parking Total 3 Roof CompositionRolled/Hot Mop

Interior Features

Accessibility Features None Appliances Built-In RangeDishwasherElectric CookingElectric RangeGas RangeRefrigeratorRange Hood Cooling None Cooling YN No Heating Floor FurnaceNatural GasWall Furnace Heating YN Yes Interior Features Jack And Jill Bath

Property Features

Cap Rate 2.68 Garage YN No Gross Scheduled Income 135240 Insurance Expense 3312 Listing Agreement Exclusive Right To Sell Maintenance Expense 4500 Special Listing Conditions Standard Trash Expense 3072 Zoning R1-N2

Listing provided courtesy of Mike Vick of Coldwell Banker Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-16T17:33:05.913. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
 
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Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
1473 Ford St., Suite 200
Redlands CA, 92373