Properties

Comm Ri Multi-units 5+ For Sale

4,510 Sqft - 741 3rd Street, SAN JOSE, California 95112

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Property Description

Welcome to 741 South 3rd Street, located in the East Virginia neighborhood of downtown. Recently updated with fresh paint outside and updated landscaping to improve the curb appeal, some of the units have also been updated in the last few years. Why consider this property? How about 2 properties on 1 lot, 6 Units in the main building, and 1 single family home offering 3 bedrooms & 1 bath in the back. Fully functional laundry area in the basement with coin operated appliances, as well as storage areas that offer endless opportunities. Take a look at that fenced court yard, can be updated to include BBQ area/recreation area for tenants to hang out. Take a look at all that parking in the back of the unit as well. Never any issue keeping this property rented because of the ideal location. Close to shopping, freeways, schools including San Jose state, Close to ZOOM, PWC, Adobe, WeWork, and the incoming Google Campus.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81863504
Price : $2,400,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,510 Sqft
Year Built : 1904
Lot Area : 0.25 Sqft
Features
Heating System : Forced Air 1 Zone, Wall Furnace
Cooling System : Ceiling Fan(s)
Roof : Composition Shingles
Address Map
Country : US
State : CA
County : Santa Clara
City : SAN JOSE
Zipcode : 95112
Street : 3rd Street
Street Number : 741
Floor Number : 0
Longitude : W122° 7' 10.5''
Latitude : N37° 19' 33.2''
MLS Addon
Office Name : Redfin
Building Type : Other
Area : Central San Jose
Address : 741 S 3rd Street
Address Direction : S
LA1User Code : MLL5081759
LA1Agent First Name : Lawrence
LA1Agent Last Name : Monterrosa
Status Category : Pending
Tot # Parking Spaces : 8
Tot # of Units : 7
Zoning : RM
List $/SqFt : $0
Age : 117
Apx Lot Sq Ft : 10,752 Sqft
Type of Building : Apt Complex
Annual Taxes : $11,103
Total Deposits : $0
ALL UNITS HAVE : Refrigerator
LOT DESCRIPTION : Level
ON-SITE PARKING DESC : Parking Area, Spaces - Assigned, Tandem Parking
OPERATING EXPENSES : Insurance, Utilities
SOME UNITS HAVE : Updated Baths, Updated Kitchen
TENANT PAYS : Water
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Coin Operated
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) : 1.67
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,400,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 105155
Net Oper Income : 40002
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 10110
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 : 22.82
List Agent DRE Num. : 01468906
Filtered Address : 741 S 3rd ST
LA1Agent License ID : 01468906
LA1Old Agent ID : 377606
LA1NRDS_ID : 198017800
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 : 472-17-069
Showing : Subject to Inspection
LO1Main Office ID : 60826
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 : Yes
VOW AVM : Yes
Status Detail : 3
Search Price : 2400000
Address Search Number : 741
Listing Agent : 331252
Listing Office : 60826
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 : 40
Input Date : 21/09/2021 00:28:12
Update Date : 30/11/2021 10:03:35
PhotoTimestamp : 30/11/2021 04:31:33
First Photo Add Timestamp :
List Date : 21/09/2021
Expire Date :
Pending Date : 29/11/2021
Closing Date : 28/01/2022
Status Date : 29/11/2021
Price Date :
Off Market Date : 29/11/2021
Status : Pending Show for Backups
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 70
Cumulative DOMLS : 70
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 620
Unit # 1 Rent: 2095
Unit # 2 # of Bedrooms: 1
Unit # 2 Approx. SqFt: 620
Unit # 2 Rent: 1695
Unit # 3 Approx. SqFt: 410
Unit # 3 Rent: 1500
Unit # 4 # of Bedrooms: 1
Unit # 4 Approx. SqFt: 550
Unit # 4 Rent: 1645
Unit # 5 Approx. SqFt: 500
Unit # 5 Rent: 1445
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81863504
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 4,510 Sqft
$2,400,000
Agent info
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