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$ 2,050,000
Est. payment | /mo
4,339 SqFt
$ 2,050,000
Est. payment | /mo
4,339 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,339 sqft
Price per Sqft $472
MLS Listing ID ML82020465
HOA Y/N No
Year Built 1973
Annual Tax Amount $24,469
Lot Size 0.337 Acres
Property Sub-Type Quadruplex
Property Description
*** 14,683 SF Lot - Immediate ADU Potential *** Units 1 & 2 Will Be Delivered Vacant*** Situated between the vibrant and sought out after neighborhoods of Willow Glen and Campbell, this four-unit multifamily asset located at 1990 Southwest Expressway offers a rare opportunity to own in one of San Jose's most strategic and sought-after corridors. The property sits on a massive 14,683 sq. ft. lot and boasts 4,339 sq. ft. of rentable building area, providing excellent potential for both income generation and long-term development. An investor should be ready to take command of an exceptional unit mix of (1) three-bed, two-bath, (2) two-bed, two-bath and (1) two-bed, one-bath, all of which offer overly large floor plans. The expansive lot also offers immediate ADU development potential and possibilities for future redevelopment or expansion. The RM (residential multiple) zoning designation allows investors and developers to unlock significant additional living space on the property, whether by adding detached ADUs, converting existing structures and ultimately increasing income streams, providing substantial upside beyond the current four-unit configuration.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Flooring Carpet
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Roof Type Flat
Accessibility None
Total Parking Spaces 4
Building
Story 2
Foundation Slab
Schools
School District Other
Others
Tax ID 28425024
Special Listing Condition Standard
Listed by Fred Rubio Marcus & Millichap
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