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3241 Rockport Avenue

San Jose, CA 95132
  • $2,050,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: ML81901824
UPDATED: 77 min ago
$2,050,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,756
    SQFT
  • $546
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Michael Shields of Siliconvalley Multifamilygroup (408-356-1900)


Description

Value Add Investment Opportunity. Property consists of four large units: Two have been fully renovated, one partially renovated and one unrenovated unit. Numerous capital improvements already completed: new roof in 2017, copper plumbing and double pane windows throughout. The upper walkway/patio area has new exterior tile flooring. Large units: (1) 3BR/2BA unit with a large patio (~1550 SF) and (3) 2BR/1BA units (~800 SF each) each with a patio area. Four individual, single car garages and six uncovered parking spaces, total of 10 parking spaces. There is also an onsite laundry facility which brings in additional income. Two units are vacant (A&B) Rent estimated below. One is ready for rental. The other needs some work. The other two units are rented. Rents are accurate. The area is located in a desirable rental location due to it's proximity to schools, employment, commuter routes, shopping, parks and recreation. Full marketing package available.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T22:28:19.393. 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 Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/131341723
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3241 Rockport Avenue San Jose, CA 95132

  • Price: $2,050,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 77 min ago
  • ID#: ML81901824
0
Beds
0
Baths
0
½ Baths
0.19
Acres
3,756
SQFT
$546
$/SQFT
1969
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Elementary School:
Other
Middle School:
Other
High School:
Piedmont Hills
School District:
Other
Property Description
Value Add Investment Opportunity. Property consists of four large units: Two have been fully renovated, one partially renovated and one unrenovated unit. Numerous capital improvements already completed: new roof in 2017, copper plumbing and double pane windows throughout. The upper walkway/patio area has new exterior tile flooring. Large units: (1) 3BR/2BA unit with a large patio (~1550 SF) and (3) 2BR/1BA units (~800 SF each) each with a patio area. Four individual, single car garages and six uncovered parking spaces, total of 10 parking spaces. There is also an onsite laundry facility which brings in additional income. Two units are vacant (A&B) Rent estimated below. One is ready for rental. The other needs some work. The other two units are rented. Rents are accurate. The area is located in a desirable rental location due to it's proximity to schools, employment, commuter routes, shopping, parks and recreation. Full marketing package available.
Exterior Features

Carport Spaces 0 Foundation Details Concrete PerimeterSlab Parking Features Uncovered Parking Total 6 Roof Composition

Interior Features

Accessibility Features None Appliances Electric CooktopRefrigeratorRange HoodVented Exhaust Fan Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetLaminate Heating Fireplace(S)Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.38 Garage YN Yes Gross Scheduled Income 115836 Insurance Expense 1472 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 2700 Other Expense 3471 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 27969 Trash Expense 0 Water Source Public Zoning R3h



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-08T22:28:19.393. 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 Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Michael Shields of Siliconvalley Multifamilygroup (408-356-1900)