Property Detail

1182 Leigh

San Jose CA 95126

$1,899,999

Status: Active

Property Details

Description

Welcome to a rare turnkey investment in the heart of San Jose. This fully renovated 4 plex spans approximately 3,500 square foot and sits on a large 7,159 square foot lot, offering excellent income potential, long term upside, and minimal maintenance from day one. All four units have been recently upgraded with modern finishes and durable, low maintenance flooring, creating clean, attractive living spaces that appeal to quality tenants. Each unit is currently rented at market rates, ensuring immediate cash flow. The property is SB721 compliant, with permits and inspections fully approved by the City of San Jose, saving you time and future capital expense. Additional features include coin operated laundry with Shine Pay, generating passive income, and a towing contract to ensure parking remains reserved for tenants, a rare and valuable amenity in this area. Located near major freeways, shopping centers, public transit, and tech employers, this asset offers exceptional tenant demand and long term appreciation. With a strong CAP rate, stable occupancy, and pride of ownership condition, this is the kind of multifamily opportunity investors wait for and it wont last long.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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