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$ 1,780,000
Est. payment /mo
New
450 Lewis RD San Jose, CA 95111
3,328 SqFt
UPDATED:
01/23/2025 01:58 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,328 sqft
Price per Sqft $534
MLS Listing ID ML81991369
Condo Fees $1,288
HOA Fees $1,288
HOA Y/N Yes
Year Built 1962
Annual Tax Amount $5,157
Lot Size 9,944 Sqft
Property Description
Fully Rented 4-Plex Investment Opportunity with Upside Potential! This well-maintained 4-unit building is a great addition to any investor's portfolio. Located in a safe and convenient neighborhood, the property offers consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights: Unit Configuration: Four units (4x 2-bed/1-bath) ideal for owner-occupied buyers or for investors Well-Maintained Community: Lewis Road is part of an HOA that ensures clean and well-kept grounds. Parking & Amenities: Includes assigned carports with extra parking spots, a shared laundry facility, and balconies/patios for tenant enjoyment. Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transportation, making it a practical choice for families and ensuring steady rental income and high occupancy rates. Value-Add Potential: Some units need upgrades, offering an opportunity to increase profitability through market rent adjustments or cosmetic improvements to boost appeal. This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market. Schedule your private tour today and discover why this property is the perfect fit for your portfolio!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3H
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Exterior
Carport Spaces 2
View Y/N No
Roof Type Shingle
Accessibility None
Total Parking Spaces 2
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 49727004
Special Listing Condition Standard
Listed by Meggie Collins • NextHome Axis Realty