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
Property Type :
Residential Income
County :
Santa Clara
Style :
Residential Income
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| Unit No |
Unit Key |
Total Bath |
Total Bed |
Full Bath |
Half Bath |
| 1 |
1062151790 |
0 |
1 |
0 |
0 |
| 2 |
1062151790 |
0 |
2 |
0 |
0 |
| 3 |
1062151790 |
0 |
1 |
0 |
0 |
| 4 |
1062151790 |
0 |
3 |
0 |
0 |
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ByOwner last updated this listing 05/06/2024 @ 10:24
MLS: ML81956942
LISTED BY: Ray Rodriguez, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
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