MarketPier

1095 Appian Lane - San Jose, CA 95116

$1,598,000
Listing Description

Great rental property with 4 units apartment building have 2bed 1bath, well maintained. Close to DownTown San Jose, highly desirable central location. Gross rents $91,944. Easy commute access to 280/680 or 101 and shopping centers ( Little Saigon, Grand Century Mall, Viet Nam Town) restaurants. New roof, new bathroom floor, new heater system, new water heater, all the gas stoves and electrical conversion, everything fixed with permit. Seller's using 1031 exchange no cost to buyer. Rent control.

Listing Information
MLS Number
ML81732841
APN/Parcel ID
472-02-141
Type
Multifamily
Sub Type
Multifamily
Building Size
3,328 sqft
Lot Size
6,120 sqft
Price / SQFT
$480
No Units
4
Price / Unit
$399,500
Gross Scheduled Income
$94,512
Rent Multiplier
16.91
Cap Rate
4.59%
Listing Date
12/6/2018
Days Active
9
Last Updated
12/16/2018
Listing Provided By
Duc Le
Pacificwide Real Estate & Mort
BRE# 01972318

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