Properties

Comm Ri Multi-units 5+ For Sale

4,088 Sqft - 530 2nd Street, SAN JOSE, California 95112

QR Code
Property Description

People LOVE living at Tiffany Villa in Japantown! It’s a beautiful 7 unit property with abundant off-street parking and 8 rentable storage units for bonus income. A real CASH COW generating $176,040 annual GSI and $108,368 NOI. Meticulously upgraded and maintained during 17+ years pride of ownership. Amazing curb appeal with lush landscaping and decorative details. Stunning interiors while retaining authentic 1898 Victorian character. Ideal unit mix in excellent condition – a real TURNKEY ASSET. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, front stairs 2010, water heater 2019, some new carpets/interior paint 2020, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange property. Call David Propach to learn more about the significant tax advantages of owning income property!

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81851803
Price : $2,395,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,088 Sqft
Year Built : 1898
Lot Area : 0.13 Sqft
Features
Heating System : Wall Furnace
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : SAN JOSE
Zipcode : 95112
Street : 2nd Street
Street Number : 530
Floor Number : 0
Longitude : W122° 6' 13.6''
Latitude : N37° 20' 46.1''
MLS Addon
Office Name : But Simple, Inc.
Building Type : Other
Area : Central San Jose
Address : 530 N 2nd Street
Cross Street : Between Jackson
Directions to Property : On North Second Street between
Address Direction : N
LA1User Code : MLL483177
LA1Agent First Name : David
LA1Agent Last Name : Propach
Status Category : Active
Tot # Parking Spaces : 6
Tot # of Units : 7
Zoning : RM
List $/SqFt : $0
Age : 123
Apx Lot Sq Ft : 5,672 Sqft
Type of Building : Apt Complex
Annual Taxes : $33,145
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
EXTERIOR : Dual Pane Windows
LOT DESCRIPTION : Level, Regular
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Trash Removal, Vacancy Factor, Water, Miscellaneous/other
WATER/SEWER : Water - Public, Sewer System - Public
ENERGY SAVING FEATURE : Other
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.52
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,395,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 176040
Net Oper Income : 108368
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 8436
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 13.60
List Agent DRE Num. : 01926166
Filtered Address : 530 N 2nd ST
LA1Agent License ID : 01926166
LA1Old Agent ID : 232487
LA1NRDS_ID : 191013990
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 249-43-021
Showing : Subject to Inspection
LO1Main Office ID : 75138
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : No
VOW AVM : No
Status Detail : 0
Search Price : 2395000
Address Search Number : 530
Listing Agent : 270132
Listing Office : 75138
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 20
Input Date : 03/07/2021 01:42:22
Update Date : 16/11/2021 17:24:50
PhotoTimestamp : 16/11/2021 11:43:41
First Photo Add Timestamp :
List Date : 03/07/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 07/11/2021
Price Date :
Off Market Date :
Status : Active
Dual Variable : Yes
HOA : No
City Transfer Tax : Yes
Off Market Status Date : 07/11/2021
LVT Date :
DOMLS : 137
Cumulative DOMLS : 137
Unit # 1 # of Bedrooms: 2
Unit # 1 Rent: 2495
Unit # 2 # of Bedrooms: 1
Unit # 2 Rent: 1820
Unit # 3 Rent: 1495
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81851803
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 4,088 Sqft
$2,395,000
Agent info
Contact Agent