530 N 2Nd Street, San Jose, CA 95112
-
Listed Price :
$2,250,000
-
Beds :
N/A
-
Baths :
-
Property Size :
N/A sqft
-
Year Built :
1898
Property Description
Tiffany Villa is a beautiful 7 unit property very centrally located within exciting and vibrant Japantown. This fully occupied TURNKEY ASSET with ideal unit mix is a CASH COW with proven excellent very low vacancy operating history. It has abundant off-street parking and 8 rentable storage units for bonus income! Meticulously upgraded and maintained during 19+ years pride of ownership. Amazing curb appeal with lush landscaping and authentic 1898 Victorian character with spacious interiors, soaring windows, and decorative details. 5 unit front building with common laundry room and 8 storage units below; new roof 2005, water heater 2019, commercial grade vinyl plank flooring in 3 units 2023, some dual pane windows & LED lighting. Duplex building behind with 2 bed/1 bath units; new roof 2019. Newer carpets & paint some units. Very attractive shaded yard between the buildings with tables & seating. Great 1031 exchange upleg property. Significant appreciation opportunity for next ownership cycle. Enjoy cash flow while upgrading kitchens, baths, and front staircase to set rents much higher. Property appreciation would likely be many times such upgrade costs.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
530 N 2Nd Street |
| City |
San Jose |
| State |
CA |
| Zip |
95112 |
| County |
Santa Clara |
| Listing Agent |
David Propach DRE #01926166 |
| Courtesy Of |
But Simple, Inc. |
| List Price |
$2,250,000 |
| Status |
Active |
| Type |
Commercial |
| Structure Size |
N/A |
| Lot Size |
5,672 |
| Year Built |
1898 |
Listing information courtesy of: David Propach, But Simple, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 12:58 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
