51 Jose Figueres Avenue, San Jose, CA 95116

About this fourplex

This turnkey four-unit multifamily investment property in San Jose, CA, is an excellent opportunity in a high-demand rental market. The fully leased property generates a strong gross annual rental income of $118,336. It consists of four spacious 2-bedroom, 1-bath units, each approximately 750 square feet, with three of the four units already updated. The property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. Monthly rents range from $1,978 to $2,600 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. This is a rare off-market opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.

Listing description from the April 2025 sale, as reported to CRMLS.

Sale history

$1,700,000

Sold April 2025 · listed $1,749,000, on market February 2025 · MLS #ML81995564 · Source: CRMLS

Listing Agent: Amanpreett S Ghotra · Listing Office: Pacific Home Brokers · Contact: 858.451.4663 · Bought with: Jayanta Samanta

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