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3167 Neal Avenue

San Jose, CA 95117
  • $2,098,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: ML81898355
UPDATED: 66 min ago
$2,098,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,828
    SQFT
  • $548
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing Agent(s): Jimmy Castellanos of Marcus & Millichap ((650) 391-1700)


Description

3167 Neal Avenue is located within one mile from Westfield Valley Fair, which recently underwent a $1.1 billion expansion and renovation and a short distance from Santana Row. Additionally, the property is near O'Connor Hospital, Valley Medical Center, and a large concentration of major tech employers throughout Santa Clara County. It is in a low-density neighborhood near major tech employers and universities, allowing for a dynamic demographic of potential tenants willing to pay top dollar for a well-located unit. This property is in the Lynnhaven Neighborhood of San Jose, which is a quaint tree lined residential neighborhood where home values have averaged $1.45 million in the trailing 12-months. The subject property offers an investor or owner/user the opportunity to own a well-located, pride of ownership fourplex in an area that will continue to see a high demand for conveniently-located rental units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T09:30:03.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.searchsocalrealestate.com/homes/130430929
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3167 Neal Avenue San Jose, CA 95117

  • Price: $2,098,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 66 min ago
  • ID#: ML81898355
0
Beds
0
Baths
0
½ Baths
0.18
Acres
3,828
SQFT
$548
$/SQFT
1966
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
Elementary School:
Lynhaven
Middle School:
Monroe
High School:
Del Mar
School District:
Other
Property Description
3167 Neal Avenue is located within one mile from Westfield Valley Fair, which recently underwent a $1.1 billion expansion and renovation and a short distance from Santana Row. Additionally, the property is near O'Connor Hospital, Valley Medical Center, and a large concentration of major tech employers throughout Santa Clara County. It is in a low-density neighborhood near major tech employers and universities, allowing for a dynamic demographic of potential tenants willing to pay top dollar for a well-located unit. This property is in the Lynnhaven Neighborhood of San Jose, which is a quaint tree lined residential neighborhood where home values have averaged $1.45 million in the trailing 12-months. The subject property offers an investor or owner/user the opportunity to own a well-located, pride of ownership fourplex in an area that will continue to see a high demand for conveniently-located rental units.
Exterior Features

Carport Spaces 0 Foundation Details Concrete Perimeter Parking Total 0 Roof Composition

Interior Features

Accessibility Features Other Cooling Wall/Window Unit(S) Cooling YN Yes Heating Forced AirWall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.94 Garage YN Yes Gross Scheduled Income 113984 Insurance Expense 0 Listing Agreement Exclusive Right To Sell Maintenance Expense 0 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 25532 Trash Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-11T09:30:03.213. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Rogers Realty Group/Berkshire Hathaway HomeServices California Properties
1063 W Sixth Street
Ontario CA, 91762
Listing Agent(s): Jimmy Castellanos of Marcus & Millichap ((650) 391-1700)