1451 N 1st St is a centrally located 5-unit multifamily investment opportunity in the prosperous city of San Jose, California. Situated on a parcel of land totaling 5,522 square feet, the subject property was originally constructed in 1953 and features a gross building area of approximately 3,175 square feet, offering… Read More tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. The unit interiors have been updated with dual-pane windows, upgraded electrical panels, and individual water heaters. Select units feature vinyl plank flooring, granite countertops, and stainless steel appliances. Additionally, tenants enjoy convenient community amenities such as private covered carport parking and an on-site laundry facility. 1451 N 1st St sits near Downtown San Jose and the Target-anchored San Jose Market Center, both of which are home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). SJC is one of the busiest airports in all of Northern California, serving millions of passengers every year to both domestic and international destinations. Read Less
Courtesy of Marcus & Millichap, Andres Lopez 408-421-4703
Listing Snapshot
Days Online
25
Last Updated
Property Type
Five Or More Units
Square Ft.
3,175
Lot Size
0.13 Acres
Year Built
1953
MLS Number
ML82054937
30 Days Snapshot Of 95112
$1.13M
+3%
(avg) sold price
14
-26%
homes sold
27
-30%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 5522.00, Max Area Units: Square Feet, Lot is 0.12676767676768 acres
Accessibility Features
Parking
Unit One
Rent: $1,830
Unit Two
Rent: $2,165, bedroom 1
Unit Three
Rent: $2,400, bedrooms: 2
Building
3,175 structure square feet, Age: 73, Built in 1953, 1 building, Construction type: Wood Frame, 5 minimum units in complex
Cooling
Window / Wall Unit
Foundation
Concrete Perimeter
Garage
Covered Parking
Water Features
Public
Heating
Wall Furnace
Tenant Pays
Rent Only, Utilities - Electric, Utilities - Gas
Miscellaneous
Total expenses: 44737
Property
Zoning: SJ
Roof
Composition
Security Features
None
Taxes
Annual tax amount: $26,100
Sewer
Sewer - Public
Utilities
Separate Electric, Separate Gas, Individual Electric Meters, Individual Gas Meters
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