5644 Hoffman Court San Jose, CA 95118
Sale
$1,695,000
Units
Beds
Baths
7,840 Area(sq.ft.)
7,840 Lot Size(sq.ft.)
Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
---|---|---|---|---|---|---|---|
0 | 0 | $ 0 | $ 0 | $ 0 |
MLS #: | 81957095ML |
Days On Market: | 32 |
County: | Santa Clara |
Property Type: | Residential Income |
Price per ft2: | $ 216 |
Year Built: | 1962 |
Property Details
5644 Hoffman Ct is a 4-unit two-story building consisting of (4) 2 bed 1 bath units. The property is fully rented to long term tenants, this property has had very low vacancy for over 10+ years professionally managed and maintained by a property management company. The location is a strong rental market with high demand in the area. The property is less than one block away from Almaden Plaza and Whole Foods and right off Almaden Expy, with easy access to California 85 North and South making it simple and convenient for the daily commuter. 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 an on-site coin-operated washer and dryer, for their convenience. Most of the tenants are long-term and have month-to-month leases. The roof is low pitch with asphalt shingles, and the foundation is a concrete perimeter with a crawl space.Interested in this Listing?
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Income Details
Cap Rate: | 3.95% |
Gross Rent Multiplier: | 15.58 |
Structure
Security Features: | Other |
Sewer: | Sewer - Private |
Water: | Mutual Water Source |
Land & Parking
Zoning: | RM |
Parking Garage: | Assigned, Carport |
Interior
AC/Cooling: | Other |
Heating: | Wall |
Exterior
Roof: | Flat, Shake, Shingle, Wood |
Detailed Map
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