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3188 Moorpark Avenue

San Jose, CA 95117
  • $1,850,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: ML81941641
UPDATED: 204 min ago
$1,850,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,136
    SQFT
  • $590
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

School District:
Listing Agent(s): David Katz of Magnify Real Estate ((877) 776-7718)


Description

Magnify is pleased to present 3188 Moorpark Avenue, a four (4) unit premier investment opportunity located in a desirable neighborhood of W. San Jose. Constructed in 1958, the property consists of (4) 2BD/1BA units, each offering spacious living spaces with owner-occupied appeal. The property boasts 4 enclosed garages, presenting the potential for future ADU conversion. Recent capital improvements include numerous plumbing upgrades such as a new water heater, copper water main line, copper plumbing, and drain lines. The property also features newer dual-pane windows, flooring, appliances, and a large common area yard with an owner's storage unit. The property is walking distance to Santana Row and located in close proximity to Westgate Shopping Center, downtown Campbell, & the Pruneyard. The property also features easy access to San Tomas Expressway, and Highways 880, 280, and 17.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143334470
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3188 Moorpark Avenue San Jose, CA 95117

  • Price: $1,850,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 204 min ago
  • ID#: ML81941641
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,136
SQFT
$590
$/SQFT
1958
Built
Neighborhood:
699 - Not Defined
County:
Santa Clara
Area:
699 - Not Defined
School District:
Other
Property Description
Magnify is pleased to present 3188 Moorpark Avenue, a four (4) unit premier investment opportunity located in a desirable neighborhood of W. San Jose. Constructed in 1958, the property consists of (4) 2BD/1BA units, each offering spacious living spaces with owner-occupied appeal. The property boasts 4 enclosed garages, presenting the potential for future ADU conversion. Recent capital improvements include numerous plumbing upgrades such as a new water heater, copper water main line, copper plumbing, and drain lines. The property also features newer dual-pane windows, flooring, appliances, and a large common area yard with an owner's storage unit. The property is walking distance to Santana Row and located in close proximity to Westgate Shopping Center, downtown Campbell, & the Pruneyard. The property also features easy access to San Tomas Expressway, and Highways 880, 280, and 17.
Exterior Features

Carport Spaces 0 Foundation Details Concrete Perimeter Parking Total 5 Roof CompositionShingle View YN No

Interior Features

Accessibility Features Parking Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 3.94 Garage YN Yes Gross Scheduled Income 113460 Insurance Expense 2195 Listing Agreement Exclusive Right To Sell Maintenance Expense 2000 Other Expense 0 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 26882 Trash Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): David Katz of Magnify Real Estate ((877) 776-7718)