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1401 Lexington Drive, San Jose, CA

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1401 Lexington Drive

San Jose, CA 95117-3757 - Loma Verde MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1967
Stories:2 Building Size:3,928 SF Land Area:.16 AC (6,970 SF)
For Sale Price:$1,649,000 Price/Unit:$412,250.00 Cap Rate:4.94 % GRM:18.50

Parking:1.5 Parking Spaces / 1,000 SF

Property Description: Multi Family - 4 Units

Sale Notes:
Large 4-Plex in West San Jose. (1) 3/2, (1) 2/2 and (2) 2/1 units. Lots of high quality upgrades throughout. Full remodel of Owners unit since 2008. All other units have had lots of work. 3/2 unit will have rent increased to $3,000 in Oct. There are 3 enclosed double garages for tenants. All units have fireplace. 3 of units are month-to-month.

Good West San Jose location, near Winchester and Hamilton Ave. 1 mile from Downtown Campbell.

The Losness Group
Christian Losness
(408) 288-3500 x1

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