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2529 Madden Avenue, San Jose, CA 95116

Fourplex · 2 recorded sales since 2016

2529 Madden Avenue, San Jose, CA 95116 Sold July 2024 CRMLS
$1,480,000Sold July 2024

Listing Agent: Ray Rodriguez (DRE #01999734) · Listing Office: Compass · Contact: (415) 345-3000 · Bought with: Man T Hoang · Pacificwide Real Estate & Mortgage · MLS #ML81956927 · Source: CRMLS

0
Bathrooms
3,150
Sq Ft
5,663 sqft
Lot Size
1964
Year Built
Fourplex
Type
0
Garage
WallWindowUnits
Cooling
WallFurnace
Heating
$19,267/yr
Taxes

About this fourplex

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.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$1,480,000
Sold July 2024 · listed $1,498,000, orig. $1,800,000, on market March 2024 · MLS #ML81956927 · Source: CRMLS
Listing Agent: Ray Rodriguez · Listing Office: Compass · Contact: (415) 345-3000 · Bought with: Man T Hoang · Pacificwide Real Estate & Mortgage
$1,050,000
Sold September 2016 · listed $1,099,950, orig. $1,199,950, on market May 2016 · MLS #ML81583709 · Source: CRMLS
Listing Agent: Cristina Martinez · Listing Office: Cristina Martinez Company · Contact: 408-934-2000 · Bought with: Cristina Martinez · Cristina Martinez Company
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