2529 Madden AVE, San Jose, CA 95116

$1,595,000
3,150
SqFt
List Price
$1,595,000
Price Change
▼ $85,000 1712986316
MLS#
ML81956927
Status
ACTIVE
Zoning
RM
Sqft. of Residence
3,150
Lot Size
5,663
Listing Area
Alum Rock

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.

Additional Information

Acres
0.13
Age
60
Cooling System
Window / Wall Unit
Foundation
Concrete Perimeter, Crawl Space
Garage Parking
Assigned Spaces, Parking Area
Heating System
Wall Furnace
Laundry Facilities
Coin Operated
Living Area
3,150
Lot Size
5,663
Neighborhood
Alum Rock
Other Utilities
Individual Electric Meters
Roof
Composition
Sewer
Sewer Connected
Special Features
Other
Total Number Of Units
4
Zoning
RM

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Calculator source: Real Geeks

Listing courtesy of Ray Rodriguez from Compass. 626-779-9360

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