Featured Properties
tour 1320 Lick Ave,
San Jose CA
1320 E LICK Avenue , San Jose 95110 Status: Active Dates:
County: Santa Clara Orig Price: $1,229,000 Original: 07/20/2015
Land Use: List Price: $1,229,000 List: 07/20/2015
Class: Rin. Fourplex Sale Price: Sale:
Special Info: HUD COE:
City Limit: Yes
Incorp: No
Public: Unit 1 has 3 bedrm & 2 full bathrm w/ private patio, ideal for owner occupied investor!! all units are fully occupied w/ long term tenants & low rents!!.All units are due for rent increase!! all units have separate water heater tank!! all units have dishwasher, garbage disposal and forced air heating system!! each unit has its own attached carport!! Unit 2 & 3 have front porch & unit 4 has a large deck!! minutes access to 87/85/280/680/101 yet walking distance to downtown San Jose!! Centrally located!!!
Showing & Location
Map School
X Street: ALMA Elem: / San Jose Unified
Directions: Middle:
High: / East Side Union High
Open House
Accessibility: None Energy Sav: None
Communications: Cable TV Ext. Amenities: Balcony/Patio(s)
Cooling: None
Flooring: Carpet (s), Vinyl/Linoleum Foundation: Concrete Slab
Heating: Forced Air Roof: Composition
Amenities: None Style: Contemporary
Kitchen: Appliances - Vary by Unit, Cooktop - Electric, Countertop - Formica, Countertop - Laminate, Dishwasher (s), Garbage Disposal (s), Hood Over Range, Oven - Electric, Pantry Cabinet, Refrigerator (s) View: City
Lot Desc: Unknown
Laundry: None
Horse: No Garage/Parking
Other Rooms: Garage: 4
Security: Fire Alarm(s) Carport: 4
Pool: False, Open Parking: 4
Constr Type: Wood , Other Features: Carport(s), On Street
Unit Information
Unit # SqFT Beds Baths (F/P) Rent
1 968 3 2 $1,850
2 866 2 1 $1,290
3 866 2 1 $1,290
4 866 2 1 $1,300
# of Buildings: 1
# Leased Unit:
Exist Lease Trm: 1 Year Lease, Month to Month, Renewal Option, Security Deposit
Com Name: #Units in Com: 4
Amenities: C. Restrictions:
Multiple Family Financing
Expense (Yearly) Income (Yearly) Other Financial Information
R.E. Taxes: $7,199 Rental: $69,840 Data Source: Tax Return
Insurance: $1,769 Vacancy Allowance %: 7 Est GRM: 18
Landscape: $838 Other: $0 Est Cap Rate: 3.860
Maintenance: $839 Other Include: None
Management: $2,100 Income Gross Schedule: 69,840
Other: $0 Income Annual Gross: $64,951
Trash: $1,850 Est Net Income: $47,432
Utilities: $2,924
Total: $17,519
Listing Includes: Building, Dishwasher - All Units, Dishwasher - Some Units, Land, Major Tenant(s), Oven/Range - All Units, Oven/Range - Some Units, Refrigerator - All Units, Refrigerator - Some Units, None
Exp Tenant: Utilities - Electric, Utilities - Gas, Utilities - Heating
Op Exp Include: Depreciation, Fee - License/Advertising, Fee - Other Taxes, Fee - Property Management, Fee - Property Tax
Sewer: Sewer - Public, Sewer Connected Electricity: Public, Solar
Water: None Meters: Separate Electric, Separate Gas
Contact Information
Listed By: Julia Steininger, Alvarez And Alvarez Realty
Co List By: Sonia Gonzalez, Alvarez And Alvarez Realty