Property Details
About this Property
Major price improvement due to seller in active 1031 exchange replacement. Very Rare 4 plex with 2 bedroom/1 bath each unit in the heart of San Jose. Unit is spacious and airy with ~700 sq ft each. Good size for family which is hard to find in San Jose. Solid investment w great steady cashflow. Never a problem to rent in this highly desirable location in the heart of San Jose. Units were updated. Recent exterior paint. Very clean with tenant assigned parking in front, and spacious maintenance-free paved back yard. Convenient and easy access to highway, shops, bus station. New public park nearby. Tenants are month to month and easily rentable for 2 spacious bedrooms. Gross rent $110,000+ Current cap rate is 4.75% and 5% by next year which is an amazing cap rate and solid investment, If you are looking for a good solid, clean and worry-free investment, this is it. Golden opportunity for any investor or end user. Please do not disturb tenants. Drive by only. Offer subject to inspection. Do not miss the amazing opportunity to own a solid turnkey investment in the heart of San Jose w high cap rate and return.
MLS Listing Information
MLS #
ML81990891
MLS Source
MLSListings, Inc.
Days on Site
36
Interior Features
Kitchen
Countertop - Granite, Exhaust Fan
Appliances
Cooktop - Gas, Exhaust Fan
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Composition
Foundation
Crawl Space
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Garage: 0 Car(s)
Elementary District
Franklin-McKinley Elementary
High School District
East Side Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Trisha Ho
Santana Real Estate
License #: 01191325
Phone: (408) 203-7986
Co-Listing Agent
Khiem Ho
Santana Real Estate
License #: 01861572
Phone: (408) 718-7608
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 3 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 800 | 2 | 1/0 | $2,300 |
| 2 | 800 | 2 | 1/0 | $2,300 |
| 3 | 800 | 2 | 1/0 | $2,300 |
| 4 | 800 | 2 | 1/0 | $2,300 |
School Ratings
Nearby Schools
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
737 Forestdale Ave is a Residential Income in San Jose, CA 95116. This 2,728 square foot property sits on a 5,610 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,475,000 and was built in 1962. This address can also be written as 737 Forestdale Ave, San Jose, CA 95116.
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This listing information is up-to-date as of March 17, 2025. For the most current information, please contact Trisha Ho, (408) 203-7986
