1264 Whitton Avenue, San Jose, CA 95116

$1,649,999
3,084
SqFt

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List Price
$1,649,999
Status
ACTIVE
MLS#
ML82061891
Year Built
1962
Property Type
Other
Living Area
3,084
Lot Size
5,360
Acres
0.12
County
Santa Clara
Subdivision
Ca

Property Description

Welcome to 1264 Whitton Ave, San Jose, CA a 7-unit multifamily investment opportunity offering a diverse unit mix and established rental income. The property consists of seven residential units, including three 2-bedroom, 1-bathroom units, three 1-bedroom, 1-bathroom units, and one studio. The varied unit mix provides flexibility for a broad range of tenants while creating a diversified rental profile. The property currently generates approximately $134,076 in annual rental income. Current rents may offer potential for future increases, providing an opportunity for an investor to evaluate additional income potential over time, subject to applicable rent-control requirements, tenant protections, existing leases, and market conditions. With seven units in one property and an established income stream, 1264 Whitton Ave offers investors the opportunity to acquire a multifamily asset with current cash flow and potential for future income growth. Buyers are encouraged to independently verify all rental information, unit details, square footage, expenses, permits, zoning, and other property characteristics. A compelling opportunity for investors seeking an established San Jose multifamily property with a diverse unit mix, current rental income, and potential for future rent growth.

Additional Information

Appliances
Refrigerator
Parking Features
Assigned
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Patrick Carvalho from Fathom Realty Group. 925-457-7161

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