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763 Calero Avenue

San Jose, CA 95123
  • $1,498,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: ML81938631
$1,498,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,970
    SQFT
  • $504
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

School District:
Listing Agent(s): Jordan Mott of Intero Real Estate Services ((408) 979-5900)


Description

Let's talk about CASH FLOW! Currently generating $9,230 A MONTH IN RENT + Coin Operated Laundry! This home is a tremendous investment opportunity that you do not regularly see on the market. A better return on investment than most Duplex's and Triplex's. All you have to do is close escrow and start collecting monthly rent! A fantastic choice for someone involved in a 1031 Exchange or someone looking to add property in the Silicon Valley to their investment portfolio. The property is currently leased by 10 separate tenants and has been self-managed. All tenants are on month-to-month leases. Tremendous location close to local parks, shopping centers, hiking trails, commute routes and so much more! Do not miss this OPPORTUNITY!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T00:28:26.593. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142516072
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763 Calero Avenue San Jose, CA 95123

  • Price: $1,498,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: ML81938631
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,970
SQFT
$504
$/SQFT
1965
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
San Jose Unified
Property Description
Let's talk about CASH FLOW! Currently generating $9,230 A MONTH IN RENT + Coin Operated Laundry! This home is a tremendous investment opportunity that you do not regularly see on the market. A better return on investment than most Duplex's and Triplex's. All you have to do is close escrow and start collecting monthly rent! A fantastic choice for someone involved in a 1031 Exchange or someone looking to add property in the Silicon Valley to their investment portfolio. The property is currently leased by 10 separate tenants and has been self-managed. All tenants are on month-to-month leases. Tremendous location close to local parks, shopping centers, hiking trails, commute routes and so much more! Do not miss this OPPORTUNITY!
Exterior Features

Carport Spaces 0 Parking Features Off Street Parking Total 2 Roof Composition View YN No

Interior Features

Accessibility Features None Cooling None Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 5.45 Garage YN No Gross Scheduled Income 110760 Insurance Expense 1400 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Other Expense 0 Property Sub Type Triplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 12127 Trash Expense 0 Water Source Public Zoning R1b6



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-27T00:28:26.593. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jordan Mott of Intero Real Estate Services ((408) 979-5900)