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$1,498,000
10 bed
3,150 Sqft
5,663 Sqft lot

2529 Madden Avenue, San Jose, California 95116

  • Residential Income Property Type
  • 71 Days Time on market
  • $476 Price per sqft
  • 1964 Year Built
Property Description

2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.

Basic Details
Residential Income
Buy
ML81956927
$1,498,000
10
3,150 Sqft
1964
5,663 Sqft
Active
Quadruplex
Multi-family
Features
: Wall Furnace
: Wall/window Unit(s)
0
$0
: Composition
Address
CA
Santa Clara
San Jose
95116
2529 Madden Avenue
2529
Avenue
0
E0° 0' 0''
N0° 0' 0''
Additional Information
71
2
0
1
0
3,150 Sqft
0 Sqft
0 Sqft
: Assessor
0.13 Sqft
5,663 Sqft
0 Sqft
RM
48405069
$19,267
$0
$0
$1,200
1
$0
$0
0 Sqft
0 Sqft
$0
1
08/03/2024 16:20:20
$1,595,000
: Standard
Destrahan
Harry Hurst
Compass
Ray Rodriguez
ML5012166
ML5085267
: Other
$0
4
0
1
yes
1
1
US-06085-N-48405069-R-N
Quadruplex
17/05/2024 19:43:45
Madden
699 - Not Defined
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