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2529 Madden Avenue

San Jose, CA 95116
  • $1,498,000
  • STATUS: Active Under Contract
  • ON SITE: 101 Days
  • ID#: ML81956927
Under Contract
UPDATED: 58 min ago
$1,498,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,150
    SQFT
  • $476
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

School District:
Listing Agent(s): Ray Rodriguez of Compass ((415) 345-3000) and Tony Zizzo of Compass((415) 345-3000)


Description

2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T13:31:38.647. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/148427068
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2529 Madden Avenue San Jose, CA 95116

  • Price: $1,498,000
  • Status: Active Under Contract
  • On Site: 101 Days
  • Updated: 58 min ago
  • ID#: ML81956927
0
Beds
0
Baths
0
½ Baths
0.13
Acres
3,150
SQFT
$476
$/SQFT
1964
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
Other
Property Description
2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.
Exterior Features

Carport Spaces 0 Foundation Details Concrete Perimeter Parking Total 0 Roof Composition View YN No

Interior Features

Accessibility Features Other Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4 Garage YN No Gross Scheduled Income 98220 Insurance Expense 5040 Listing Agreement Seller Reserved Maintenance Expense 1200 Other Expense 2126 Property Sub Type Quadruplex Special Listing Conditions Standard Tax Annual Amount 19267 Trash Expense 2256 Zoning RM



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T13:31:38.647. 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 Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Ray Rodriguez of Compass ((415) 345-3000) and Tony Zizzo of Compass((415) 345-3000)