520 Madera AVE
San Jose, CA 95112

  • 7 beds
  • – baths
  • 3,468 sqft
  • 8,712 sqft lot
  • $459 per sqft
  • 1922 build
  • on site

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

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Ray Rodriguez / Compass

Last checked: Checking… • Last updated Apr 28, 2024 •

MLS# 81956942 —

This property is listed in more than one place. See it here, and here.

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Sale history

Date Event Source Price % Change
4/12/24
Price Changed MLSLISTINGS $1,595,000 -3.8%
4/2/24
Price Changed MLSLISTINGS $1,658,000 -7.9%
3/8/24
Listed / Active MLSLISTINGS $1,800,000 146.6% (16.0% / YR)

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Listing provided by broker:

Ray Rodriguez

Compass

626-779-9360

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This multifamily located in Central San Jose, San Jose, CA 95112 is currently for sale for $1,595,000. 520 Madera AVE is a 3,468 square foot multifamily with 7 beds and – baths that has been on Estately for 59 days. 520 Madera AVE is in the Central San Jose neighborhood of San Jose and has a WalkScore® of 69, making it somewhat walkable. This multifamily is in the attendance area of Burnett Middle School, Bachrodt Elementary School, and San Jose High Academy.

MLSLISTINGS logo Listing courtesy of Compass

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 11:19 on May 06.

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