520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
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520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
520 Madera AVE
For Sale

520 Madera AVE

520 Madera AVE, SAN JOSE, CA 95112

$1,595,000

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area6,936 Sq.Ft.
  • Lot Area8,712 Sq.Ft.
  • MLS® IDML81956942
  • TypeMulti-Family
  • YEAR BUILT1922
  • School DistrictSan Jose Unified

Exterior

  • STORIES1
  • roofWood
  • parkingOff Street
  • SubstructureSlab

Financial

  • Sales Price$1,595,000
  • Zoning LI
520 Madera Ave is a 4-unit property consisting of two separate buildings (1) 3 bed 1.5 bath (1) 2 bed 1 bath (2) 1 bed 1 bath units, with record low vacancy rates over the years with long-term tenants. This property is professionally managed by a local property management company with over 20 years of experience, fully rented with competent rents in a strong rental market with some room to improve. The property is with proximity to many new developments in the area, with easy access to Freeway 101 North and South, and the interstate 880, making it simple and convenient for the daily commuter. Close proximity to san Jose State University, and SJC Airport. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. The property provides its tenants with washer and dryer hook-ups, for their convenience if they choose to provide their own. Most of the tenants are long-term and have month-to-month leases. The roof is low pitch with asphalt shingles, while the foundation is a concrete perimeter with a crawl space. This parcel is not in city inspections or city rent control areas. Tenants get billed back for garbage $51 a month/unit. Unit 1 gets billed back $125 for PG&E
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6,936 Sq.Ft. LIVING AREA

8,712 Sq.Ft. lot

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