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$1,850,000
Est. payment /mo
4,040 SqFt
UPDATED:
12/19/2024 05:50 AM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $457
MLS Listing ID ML81987481
HOA Y/N No
Year Built 1971
Annual Tax Amount $24,257
Lot Size 9,583 Sqft
Property Description
We are pleased to present the opportunity to acquire 503 Kiely Blvd in West San Jose. This premium fourplex is located in a highly coveted neighborhood near Santana Row with strong upside in rents. Situated in a top Bay Area housing market, this property presents an excellent investment opportunity for those seeking steady rental income and appreciation. It is a pride-of-ownership asset that also offers owner-occupancy potential. Constructed in 1971, the property features a great unit mix with (1) three-bedroom/two-bathroom unit, (2) two-bedroom/one-bathroom and (1) one-bedroom/one-bathroom units, amounting to a building square feet of 4,040 on a large 9,585 square foot parcel. The units feature stainless steel appliances, dual-pane windows, and more. The property is in close proximity to major tech employers including Apple and NVIDIA. Finally, it is less than a 10-minute drive to Westgate Mall and also features easy access to Highway 280 and San Tomas Expressway.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3H
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Carport, Uncovered
Carport Spaces 4
View Y/N No
Roof Type Shingle
Accessibility Parking
Total Parking Spaces 2
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 30325036
Special Listing Condition Standard
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Listed by Eric Katz • Magnify Real Estate