45 22nd Street, San Jose, CA 95116
45 22nd Street, San Jose, CA 95116
45 22nd Street, San Jose, CA 95116
45 22nd Street, San Jose, CA 95116
45 22nd Street, San Jose, CA 95116
45 22nd Street, San Jose, CA 95116
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$ 1,750,000
Est. payment | /mo

4 Beds

3,122 SqFt


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$ 1,750,000
Est. payment | /mo
Save

4 Beds

3,122 SqFt

Open House

Sat Jul 25, 11:00am - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $560

MLS Listing ID ML82055127

Bedrooms 4

HOA Y/N No

Year Built 1990

Lot Size 7,797 Sqft

Property Sub-Type Quadruplex

Property Description

Marcus & Millichap is proud to present 45 S. 22nd Street, a newly 1990 built residential multifamily complex in downtown San Jose, CA. This turnkey Silicon Valley fourplex delivers a 6%+ pro-forma cap rate with exemption from the local Rent Ordinance of 5% maximum increase. A proven floor plan comprises four spacious 1-bedroom, 1-bathroom units (averaging ~780 sq. ft.) featuring an identical, highly functional layouttwo units on the ground floor and two on the upper level boasting with natural light. Premium turnkey interiors fully remodeled within the last 9 years, units boast durable tile flooring, new window's in half the units, sleek granite kitchen countertops, and a complete appliance package including a stove, refrigerator, and dishwasher. In-demand tenant amenities, each unit designed for independent living with its own dedicated water heater, private laundry hook-ups, soaring high ceilings, and abundant natural light. The outdoor living offers an enjoyable premium double-patio layout (one large, one secondary), well-manicured common areas, and dedicated on site parking located safely in the rear.

Location

State CA

County Santa Clara

Zoning RM

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District San Jose Unified

Others

Tax ID 46731046

Bridge MLS
Listed by Cassandra Smillie Wyckoff • Marcus & Millichap

Nearby Locations

Brian McCarthy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(510) 854-8066

brian@bayareasbestagent.com

1820 Solano Ave, Berkeley, CA, 94707, USA

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45 22nd Street