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Listed by Patrick Carvalho • Fathom Realty Group, DRE#02136374
$ 1,649,999
Est. payment | /mo
3 Beds
3 Baths
3,084 SqFt
$ 1,649,999
Est. payment | /mo
3 Beds
3 Baths
3,084 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,084 sqft
Price per Sqft $535
MLS Listing ID ML82061891
Bedrooms 3
Full Baths 3
Year Built 1962
Lot Size 5,360 Sqft
Property Sub-Type Five or More Units
Property Description
Welcome to 1264 Whitton Ave, San Jose, CA a 7-unit multifamily investment opportunity offering a diverse unit mix and established rental income. The property consists of seven residential units, including three 2-bedroom, 1-bathroom units, three 1-bedroom, 1-bathroom units, and one studio. The varied unit mix provides flexibility for a broad range of tenants while creating a diversified rental profile. The property currently generates approximately $134,076 in annual rental income. Current rents may offer potential for future increases, providing an opportunity for an investor to evaluate additional income potential over time, subject to applicable rent-control requirements, tenant protections, existing leases, and market conditions. With seven units in one property and an established income stream, 1264 Whitton Ave offers investors the opportunity to acquire a multifamily asset with current cash flow and potential for future income growth. Buyers are encouraged to independently verify all rental information, unit details, square footage, expenses, permits, zoning, and other property characteristics. A compelling opportunity for investors seeking an established San Jose multifamily property with a diverse unit mix, current rental income, and potential for future rent growth.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning LI
Interior
Heating Other
Cooling Other
Exterior
Parking Features Assigned Spaces, Carport
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 467-35-015
Security Features Fire Alarm
Special Listing Condition Not Applicable
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