349361 Richmond Avenue

    San Jose, CA 95128
    • $2,800,000
    • STATUS: Active
    • ON SITE: 264 days
    • ID#: ML81711700
    UPDATED: 41 min ago
    $2,800,000
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,114
      SQFT
    • $548
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:

    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 2019-08-20T20:35:37.5. 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 RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/89697095

    349361 Richmond Avenue San Jose, CA 95128

    • Price: $2,800,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: ML81711700
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    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 TraditionalCottage Carport Spaces 3.00 Foundation Details SlabPier JacksConcrete Perimeter Garage Spaces 0.00 Lot Features Paved Lot Size Source Gis Calculated Lot Size Units Square Feet Parking Features AssignedCarportAttached CarportParking Space Parking Total 3.00 Parking YN Yes Roof Rolled/Hot MopComposition

    Interior Features

    Appliances Electric CookingGas & Electric RangeElectric RangeRefrigeratorRange HoodBuilt-In RangeDishwasherGas Range Appliances YN Yes Cooling None Cooling YN No Heating Wall FurnaceNatural GasFloor Furnace Heating YN Yes Room Type Jack & JillDenRetreatOffice

    Property Features

    Accessibility Features None Cap Rate 2.68 Gross Multiplier 20.70 Gross Scheduled Income 135240.00 Insurance Expense 3312.00 Maintenance Expense 4500.00 Professional Management Expense 0.00 Special Listing Conditions Standard Trash Expense 3072.00 Zoning R1-N2

    Listing provided courtesy of Mike Vick of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-20T20:35:37.5. 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 RE/MAX Masters. Licensed in the State of California, USA.
     
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