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Michael Taylor

michael@thepointre.com +1(949) 363-3141

$ 1,750,000

Est. payment -/mo

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Open Sat 11AM-4PM

45 22nd ST San Jose, CA 95116

3,122 SqFt

Open House

Sat Jul 25, 11:00am - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $560

MLS Listing ID ML82055127

HOA Y/N No

Year Built 1990

Annual Tax Amount $22,744

Lot Size 7,797 Sqft

Property Sub-Type Quadruplex

Property Description

Marcus & Millichap is proud to present 45 S. 22nd Street, a newly 1990 built residential multifamily complex in downtown San Jose, CA. This turnkey Silicon Valley fourplex delivers a 6%+ pro-forma cap rate with exemption from the local Rent Ordinance of 5% maximum increase. A proven floor plan comprises four spacious 1-bedroom, 1-bathroom units (averaging ~780 sq. ft.) featuring an identical, highly functional layouttwo units on the ground floor and two on the upper level boasting with natural light. Premium turnkey interiors fully remodeled within the last 9 years, units boast durable tile flooring, new window's in half the units, sleek granite kitchen countertops, and a complete appliance package including a stove, refrigerator, and dishwasher. In-demand tenant amenities, each unit designed for independent living with its own dedicated water heater, private laundry hook-ups, soaring high ceilings, and abundant natural light. The outdoor living offers an enjoyable premium double-patio layout (one large, one secondary), well-manicured common areas, and dedicated on site parking located safely in the rear.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning RM

Interior

Interior Features Loft

Heating Central

Cooling Central Air, Gas

Fireplace No

Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Range Hood

Exterior

Carport Spaces 1

View Y/N No

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 6

Building

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

High Schools San Jose Academy

School District San Jose Unified

Others

Tax ID 46731046

Security Features Security Lights

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Cassandra Smillie Wyckoff Marcus & Millichap #02208464

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Michael Taylor

Broker Associate | License ID: 01917215

+1(949) 363-3141

Michael Taylor

45 22nd ST San Jose, CA 95116

Open House

Key Details

Location

Interior

Exterior

Building

Schools

Others

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45 22nd ST