1412 Carnelian Dr, San Jose, CA 95122

$1,290,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,290,000
Status
ACTIVE
MLS#
41151566
Year Built
1962
Lot Size
6,250
Acres
0.14
Lot Location
Street Level
Days on Market
9
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
Other

Property Description

This turn-key fourplex on the Eastside of San Jose offers a rare Silicon Valley investment opportunity at a competitive price. The well-maintained property features four 2-bedroom, 1-bathroom units, each measuring approximately 800 square feet, providing a total of around 3,200 square feet of living space. The building is 100% fully occupied by reliable, long-term tenants, generating strong rental income and high cap rates with historically low vacancy rates. Additional revenue is generated through an on-site shared laundry room. Monthly Security Services Fee is $222. Exhibiting true pride of ownership, the property has dedicated parking including five total spaces (one assigned rear space per unit) plus street parking. Conveniently situated near US-101, I-280, and I-680, the property offers easy commuter access. It is minutes from San Jose State University, Little Saigon, Grand Century Shopping Mall, Kelley Park, Happy Hollow Zoo, and local community centers.

Additional Information

Heat
Wall Furnace
Cooling
Yes
Cooling Description
See Remarks
Exterior Construction
Stucco
Attached Structure
Detached
Number Of Units Total
4
Operating Expense
84275

Listing courtesy of Listing Agent: Tejveer Yadav (tejveer.yadav@gmail.com) from Listing Office: Tejveer Yadav, Broker.

The Market is Shifting!

Find out how it has impacted your property's selling price 

Check your property value here.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.